Increase in Saudi cement demand stirs sector growth in Gulf
Cement demand in Saudi Arabia grew strongly by 12.6 percent YoY in 1H12 to 28.0 million tons reflecting the increasing...
Construction
Australian company seeks to establish Metro in Basra
An Australian company has presented a plan to the Basra Investment Commission to set up metro in the southern Basra,...
Qatar luring investors to its multi-billion construction market
Qatar’s construction sector prospects seem increasingly bright following its successful bid to stage the FIFA 2022 World cup. The country...
Lebanese tourism sector continues to attract investment
Lebanon’s tourism sector is still attracting investments, Nabil Itani, head of the Investment Development Authority of Lebanon said, adding that...
GCC cement sector profits up 27%
Profits of the cement sector in the Gulf Cooperation Council (GCC) countries increased by 27.1 percent on a year-on-year basis...
$14 billion Saudi Aramco-Total refinery on schedule
A $14 billion refinery being built in the east of Saudi Arabia by a joint venture between Saudi Arabian Oil...
Real estate association sees prices quadrupling in Lebanon
Apartment prices are expected to skyrocket over the next few years despite current stability in real estate markets, the head...
Kuwait's Al Mazaya eyes new educational, medical real estate projects
Kuwait's property developer Al Mazaya Holding Co. is studying a number of new real estate projects in the educational and...
Saudi Ports Authority signs $4.8 billion development contracts
The President of Saudi Ports Authority Eng. Abdulaziz Al-Tuwaijri has signed two contracts to develop the master plans for Saudi...
Home loans in Saudi Arabia double after mortgage law passes
Saudi Arabian home lendings are growing at a rate that is unprecedented in nearly half a decade, a strong sign...
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