Iraq to spend $700 million greening 42,000km highway network
The Iraqi government will announce a tender next week inviting global companies to bid for a project that involves planting...
Infrastructure
Samsung Engineering wins $871 million order in Saudi Arabia
Samsung Engineering Co said it won an $871 million order to expand a hydrogen refinery in Yanbu, Saudi Arabia from...
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...
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...
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...
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...
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,...
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...
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...
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