GCC LED lighting market to reach $1.97 billion by 2020
The GCC LED lighting market is expected to grow at a compound annual growth rate (CAGR) of 16.8 per cent...
Infrastructure
China to invest $11.2 billion in projects for Egypt’s New Administrative Capital
Egypt and China are expected to sign a number of agreements during President Abdel Fatah al-Sisi’s visit to China for...
Nakheel’s 2017 contract awards may cross $3 billion mark
UAE-based property developer, Nakheel, expects to award contracts worth more than $3.3bn (AED12bn) by the end of this year. The...
Foreign investments for new projects in Africa rose by 40%
Foreign capital for new investments in Africa soared by 40% in 2016 to $92.3 billion. This was disclosed by Financial...
Thousands celebrate the opening of Baghdad Mall
In a historic night in the war-torn Iraq, people from all walks of life gathered in al-Harthiya district of Baghdad...
Iron bridge linking west and east Mosul opened
Iraq’s military engineers have erected an iron bridge across the Tigris River linking Mosul’s eastern and western halves. The bridge...
Construction key part of KNPC’s $12 billion five-year spend
Kuwait National Petroleum Company's (KNPC) expenditure for the next five years is expected to be worth $11.6bn (KWD3.5bn), of which...
Oman plans $10.4 billion expat housing project
Oman plans to invest $10.39bn into developing new housing units for expatriates to purchase. More than 5,000 homes will be...
Turkish companies vie for major reconstruction projects in Iraq
World Bank experts estimate the cost of reconstructing Iraqi cities and areas recovered from the ISIS at $100 billion. Quoting...
Eco-village to open in Lebanon’s Shouf region
Bkerzay, an eco-tourism village near Baakline in the Shouf, will open in early September. Ramzi Salman is the founder of...
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