Qatar to invest $17 billion in tourism facilities
Qatar is investing $17 billion into tourism infrastructure as part of its five-year plan and it hopes for a 20...
Construction
Dubai property transactions cross $22.8 billion
The total value of property transactions in Dubai crossed Dh 83 billion ($22.8 billion) in the first nine months of...
Saudi King launches more than 500 health projects
Custodian of the Two Holy Mosques King Abdullah inaugurated 420 health projects and laid foundation stones for 127 other health...
Hyundai to build $3.2 billion Saudi power plant
South Korea's Hyundai Heavy Industries said it had won a $3.2 billion order to build a thermal power plant in...
Holcim Liban declares net profits of $9.1 million
Holcim Liban, one of Lebanon’s leading cement producers, declared net profits of US$ 9.1 million in the first half of...
Jubail-Dammam rail contracts to be awarded this year
Saudi Arabia is expected to award contracts for construction of the planned 115-km (72-mile) rail link between its industrial city...
Saudi Cement profit up 7.3%
Saudi Cement Co. posted a 7.3 percent rise in its third-quarter net profit thanks to higher local demand, it said...
Iraq awards $170 million water contract
Iraq has picked U.S. firm CH2M Hill for a contract worth $170 million to help manage a water injection project,...
UAE projects value hits $545 billion
The UAE records a significant growth in value of projects, showing around one per cent increase to $545 billion in...
Habtoor Leighton Group gets $74 million Saudi contract
Dubai-based Habtoor Leighton Group, a joint venture between Leighton Holdings Ltd. (LEI.AU) and Al Habtoor Group, said it has been...
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