GCC construction sector to award $150b contracts by 2013
The GCC construction industry will witness a pick-up in project activity toward the second half of the year until 2013...
Construction
Qatar infrastructure upgrade to get a huge push in budget
Infrastructure upgrade is likely to get a sizeable outlay in Qatar’s budget for 2012-13, which is expected to be announced...
Qatar to invite RFPs for metro project next month
The Qatar Railways Development Company will invite the first Requests for Proposals (RFPs) for the underground work of the Qatar...
SR2.8 billion transport projects under way in Madinah and Najran provinces
There are several transport projects, costing a total of SR2.8 billion, under various phases of implementation in Madinah and Najran...
First railway tracks project in Kuwait underway
The Undersecretary of Ministry of Public Works Abdul Aziz Al-Kuleib says the Ministry is working on the project of constructing...
Qatar construction costs seen rising 18%
Construction costs in Qatar are expected to increase by 18 percent over the next five years as the Gulf state...
New SR1 billion Saudi real estate finance firm set to launch
Saudi Arabia's Mortgage Finance Co. and Bidaya, a mortgage subsidiary of the Islamic Corporation for the Development of the Private...
Qatar part of $965m highway project in Bulgaria
Bulgaria, Turkey and Qatar have agreed to form a common project company to build a highway on the Bulgarian territory,...
GCC cement sector profits up 21.2% in first quarter
Profits of the GCC cement sector increased by 21.2 percent in Q1, 2012. Net profits increased from $359.5 million in...
Barwa plans QR2 billion workers residential project
Barwa Real Estate Co., Qatar’s second-largest property developer by market value, plans to award contracts to build a 2 billion-riyal...
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