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    Ministry signs agreement to support Oman’s honey industry

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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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    Azerbaijan, Iraq discuss prospects of relations

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    Oman inks pack to bolster role of SMEs in food systems

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      Turkey eyes $5bn bilateral trade with Qatar

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      Deal signed to set-up first factory in Qatar to assemble electric vehicles

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      Iraq set to award new Faw Port deals

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      Miral’s premier Abu Dhabi waterfront project work on track

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        Investments in renewables in Egypt reach LE6 bn: Official

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        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

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        Acwa Power inks finance deals for 900MW Dubai solar park

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          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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          UAE sends medical aid to Iraq to fight COVID-19

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          COVID-19 vaccine could be available by autumn: Oxford University

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          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

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          Saudi to be among world’s big leisure tourism hubs by 2030

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          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Azerbaijan, Iraq discuss prospects of relations

          Azerbaijan, Iraq discuss prospects of relations

          Oman inks pack to bolster role of SMEs in food systems

          Oman inks pack to bolster role of SMEs in food systems

          MAFWR, Port of Duqm sign MoU

          MAFWR, Port of Duqm sign MoU

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Turkey eyes $5bn bilateral trade with Qatar

            Turkey eyes $5bn bilateral trade with Qatar

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Local, Italian companies partner up to establish food retail chain in Egypt

            Local, Italian companies partner up to establish food retail chain in Egypt

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            Madayn working on major Oman industrial city projects

            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Miral’s premier Abu Dhabi waterfront project work on track

            Miral’s premier Abu Dhabi waterfront project work on track

            Aecom wins Neom utilities infrastructure design contract

            Aecom wins Neom utilities infrastructure design contract

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              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              France to help Iraq generate electricity, will invest in education, science: Macron

              France to help Iraq generate electricity, will invest in education, science: Macron

              Acwa Power inks finance deals for 900MW Dubai solar park

              Acwa Power inks finance deals for 900MW Dubai solar park

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                UAE sends medical aid to Iraq to fight COVID-19

                UAE sends medical aid to Iraq to fight COVID-19

                UAE launches phase III trial of inactivated Covid vaccine

                UAE launches phase III trial of inactivated Covid vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Healthcare projects spearhead Kuwait construction boom

              PR

              September 6, 2016
              in Infrastructure
              0

              Kuwait’s top 10 construction projects are worth almost $12 billion, according to a BNC Report. Infrastructure developments, educational facilities and new housing projects are propelling the country’s construction industry, which is set to reach $15.6 billion in 2020 as recently stated by Trimetric’s Construction Intelligence Center.

              However, BNC’s list reveals, healthcare investments are one of the major drivers of the construction industry’s growth in 2016. Out of the top ten projects in Kuwait, six are in fact devoted to the development of new or existing hospitals, and valued approximately $5.5 billion.

              The size of the healthcare economy in the GCC was around $40.3 billion in 2015, and is expected to increase at a projected rate of 12% per year, reaching $71.3 billion in 2020. According to BNC’s GCC Kuwait Healthcare Report 2016, 133 healthcare projects in the GCC are each worth over $100 Million. These projects make up almost 80% of the total value of all healthcare projects in the region.

              BNC list of the country’s Top 10 Projects includes:

              1)      Expansion of Passenger Terminal – Expansion of Kuwait International Airport (KIA) – Terminal 2.
              The $4 billion expansion of the Kuwait International Airport’s passenger terminal stands on top of the BNC list. With completion estimated in 2022, the new terminal building will allow the airport to accommodate approximately 13 million passengers per year.

              2)      Jaber Ahmed Al Jaber Al Sabah Hospital – South Surra.
              With estimated completion in November 2016, the $1.6 billion project includes the construction of a hospital complex over an area of 47,000 square meters. It also features a dental building on an area of 5,000 square meters, a staff and doctor's residency building, and a 3-storey underground car park with a capacity of 7000 cars.

              3)      New Farwaniya Hospital Expansion – Al Farwaniya.
              Valued US$1 billion and due for completion by the end of 2019, the project involves the construction of a hospital complex, a dentistry building with 100 specialized clinics, 27 operation theaters and 233 ICU beds.

              4)      Children’s Hospital – Al Shuwaikh
              The hospital will feature a total of 792 beds, 2,000 car parking spaces, a helipad and a free-standing day care center. Valued $850 million, completion is expected in the last quarter of 2018.

              5)      Kuwait Maternity Hospital – Sabah Medical Area
              Although still at the tender stage, the $790 million hospital is due for completion in 2018. The maternity hospital is expected to accommodate 36,000 annual births.

              6)      New Al Sabah Hospital (Tender No. MOH/18/2011/2012) – Shuwaikh
              The $635 million hospital currently under construction will cover an area of 88,000 square meters with a capacity of 671 beds and a multi-story parking area.

              7)      Cancer Treatment Hospital – Al Sabah Hospital Campus
              Due for completion by the end of 2016, the $574 million hospital will cover 200,000 square meters with program elements like Radiology, Nuclear Medicine, Chemotherapy Units, Surgical Units, Intensive Care Units, Physical Therapy Facilities, an auditorium and a car park building.

              8)      Special Needs Education School Complex – Hawali
              The project, valued $504 million, will develop a Special Needs School comprising 16 to 18 buildings with the capacity to accommodate 3000 students over a 22,000 square meters gross building area.

              9)      Tamdeen Square – Sabah Al Salem
              Currently under construction, this mixed-use development worth $500 million comprises six towers of low-to-medium-rise residential and retail complexes, as well as a high-rise building line.

              10)   Sabah Al Ahmad Sea City Development (Phase 5) (Al Khiran Pearl City)
              Worth $491 million, the project is developing the Sabah Al Ahmad Sea City (Al Khiran Pearl City) Phase 5, building internal and external roads, infrastructure work and related facilities by 2020.
              PR
              6 September

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