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...
Construction
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...
Dubai’s residential market shows positive growth
The residential market in Dubai continues to outperform the commercial office sector with average lease rates for apartments and villas...
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...
Hilton Worldwide Unveils Plans for First Hilton Hotel in Iraq
Hilton Worldwide has expansion plans in Iraqi Kurdistan in northern Iraq, with the signing of a management agreement with the...
Qatari Diar inks deal for Oman tourism projects
Qatari Diar, the property arm of Qatar's sovereign wealth fund, said it has signed a memorandum of understanding (MoU) with...
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