Construction firms biggest borrowers in Saudi Arabia
Loans to the construction industry fuelled a boom in corporate lending in Saudi Arabia during the second quarter of 2012,...
Infrastructure
First semi-automated container terminal to open at Abu Dhabi’s Khalifa Port
Abu Dhabi's Khalifa Port, which is region's first semi-automated container terminal, is preparing for its grand opening on September 1,...
$3 billion to revamp roads in Kurdistan region of Iraq
The Kurdistan Region's Minister of Construction and Housing said the master plan for the region's two-way roads is ready for...
Multibillion Saudi deals for 871 school buildings
The Ministry of Education is making intense preparations to award contracts worth billions of riyals to construct 871 new school...
Iraq awards $85 million electro-mechanical contract
Ho Hup Construction Company has been awarded an $85m contract to design and build civil and electro-mechanical works for the...
SR18 billion investment in hotel infrastructure in Makkah
A report issued by the Saudi Commission for Tourism and Antiquities (SCTA) said that a total of 100 towers are...
International companies bid for first phase of $6 billion Iraqi port
Port Technology reports that Daewoo Engineering & Construction and China Construction are among 16 bidders who have submitted tenders for...
Dubai plans 400 new AC bus shelters
Around 400 new AC bus shelters as well as several more non-AC bus shelters will be set up at different...
Saudi cement market 'prosperous'
The Saudi cement sector is fuelled by strong domestic fundamentals, namely: (1) the government's continued high expenditure on physical and...
Saudi Arabia approves $16.5 billion Mecca transport revamp
Saudi Arabia has approved a 62 billion riyal ($16.5 billion) plan to modernize the transport system in its holy city...
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