UAE infrastructure expenditure to rise in 2017
Major industrial infrastructure investments recently launched by the UAE government are expected to push expenditure this year, according to a...
Infrastructure
CCC and Teyseer win a $774 million contract to build a crucial segment of Qatar’s $20bn Expressway Programme
Qatar’s Public Works Authority (Ashghal) has awarded a joint venture of Lebanon’s Consolidated Contractors Company (CCC) and local Teyseer Contractingholding...
MGM to build two iconic Las Vegas hotels in DubaI
S-based MGM resort International is building two iconic Las Vegas hotels in Dubai, bringing the MGM and Bellagio brands to...
China firm, Al Mobty to build 1.5 million 3D printed homes in Saudi Arabia
Leading Chinese 3D printed housing company WinSun said it has reached an agreement with Saudi construction company Al Mobty Contracting...
African wealth funds seeking foreign partners to fix infrastructure gap
Africa, famously short of new roads, ports and power stations, is increasingly leaning on its own sovereign investment funds to...
Iranian-Russian trade may reach $10 billion in 3 years
The volume of bilateral trade between Iran and Russia may reach $10 billion in three years, Iranian Ambassador to Russia...
Bahrain, Saudi Arabia to sign projects worth $533m
Bahrain and Saudi Arabia will sign nine agreements on funding projects worth SR2 billion ($533 million) in the housing, roads,...
MENA rail market to see 3% annual growth over the next 4 years
The World Rail Market Report forecasts that the growth in the rail equipment market in the MENA region in the...
10.000 housing units with US financing in Iraq’s Diala province
Local governmental sources disclosed that a 10.000 housing units project will be built in the province with US support. It...
Horserace track to open in Zahleh, Lebanon
A horserace track is being planned for Haouch el Omoura in Zahleh. The project will include four food and beverage...
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