Kuwait allots $19 billion for 2013-14 development strategy
The Ministry of Finance has recently formed six teams to examine and conform ventures of the fourth development plan (2013-2014)...
Infrastructure
Saudi construction sector to sustain solid growth in 2013
The Saudi construction sector will witness a sustained robust growth this year, with project capital expenditures projected to reach SR269.7...
$200 million ABC Stores in Verdun-Beirut soon
Beirut is getting ready for the launch of the $200 million project, ‘ABC Verdun’, a joint development between ABC and...
Real estate in Qatar moving up
Qatar's huge infrastructure commitments herald a rebound in its real estate sector. As major projects get under way, market forces...
GCC invest $36 billion in port development
The GCC countries are allocating $36 billion to further develop their port infrastructure amid increasing foreign non-oil trade volumes. Saudi...
Drake & Scull wins $123 million Saudi construction deal
Drake & Scull Construction (DSC), the civil contracting arm of Drake & Scull International (DSI), signed a Dh450 million ($123...
$6 billion earmarked for airports in Oman
A state-of-the-art Testing and Training Centre for Muscat International and Salalah Airports was opened with primary objectives of offering training...
4-star Sundus Rotana hotel in Muscat
Muscat - Sundus Investments Projects LLC, pioneers in mixed-use development in the Middle East, on announced that it has signed...
Abu Dhabi Group to build world's tallest building in Pakistan
UAE's Abu Dhabi Group and Pakistani real estate tycoon Malik Riaz signed a deal to invest $45 billion (Dh165.15 billion)...
Road sensors to give a fillip to traffic studies in Qatar
The WaveTraf sensor, locally designed and developed by Qatar Mobility Innovations Centre (QMIC), is expected to give a fillip to...
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