New $60m 5-star hotel for Baghdad
The Baghdad Investment Commission has granted investment licenses for a five-star hotel, complete with shopping mall, in the Karrada area...
Infrastructure
Iraq begins the construction of Faw Port
Iraq announced the beginning of the first step to establish Faw Port overlooking the Gulf States. Iraq placed the foundation...
Improvement in Lebanese property market year-to-date
The property market is still subjected to a relatively slow performance during the first six months of 2012 characterized by...
The Saudi government allocates SR 1.4 billion for Al-Oqair tourism project
The Saudi Council of Ministers allocated SR 1.4 billion for the development of Al-Oqair region for tourism purposes. It also...
Saudi MODON concludes SR68 million infrastructure deals for Qassim projects
Saudi Industrial Property Authority (MODON) recently concluded contracts for projects in Qassim 2nd Industrial City, amounting to SR 68 million...
GCC To Award $65.5bn Construction Deals In 2012
The GCC region awarded building projects worth over $57.8 billion in 2011, with the sector likely to increase by 13...
US Firm Wins $60m Affordable Housing Project in Thi Qar
The Thi Qar Investment Commission has approved an Investment License for a $60 million (USD) affordable housing project being developed...
Jordanian projects draw Korean firms
Investments from Korea will be a 'big' boost for capital inflows into the Kingdom, according to Jordan Investment Board (JIB)...
Qatar World Cup projects to attract 1.5m new workers
Experts have predicted Qatar will need to recruit 1.5 million people over the next few years, as the Gulf country...
Saudi Arabia seen leading MENA construction boom
Saudi Arabia is set to drive growth in regional infrastructure and construction spending over the next 15 years, according to...
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