Capital Group Properties (CGP) launches $4.47 billion residential project in Egypt
Capital Group Properties (CGP), a company owned by leading UAE developers Abu Dhabi Capital Group (ADCG) and Al Ain properties,...
Construction
Iran seeks foreign investment for new $2 billion Iran-Turkey railroad project
Iran plans to attract foreign investment for Tabriz-Bazargan-Kars railway project, Tohid Akhlaghi, head of East Azerbaijan Province Department of Roads...
Saudi-led consortium to develop 2,250MW power project in Egypt
Egypt is preparing to award the contract to develop the 2,250MW Dairut IPP before the end of April. According to...
Korea led consortium inks $20 billion Saudi housing deal
A consortium including Korean group Hanwha Engineering & Construction has inked a $20 billion deal to build 100,000 homes in...
Lebanon receives $372 million loan for infrastructure projects
Lebanon received $372.67 million in loans from the Islamic Development Bank to finance infrastructure projects across the country, according to...
Iraq, Jordan and Egypt revive the $12 billion Basra-Aqaba oil pipeline project
The Iraqi Oil Minister Adel Abdel Mahdi and Jordan’s Minister of Energy and Mineral Resources, Ibrahim Saif visited Egypt and...
Iran set to build 125 luxury hotels as it plans to be a must-see destination
Backing up its aim to be one of the must-visit destinations for 2016, Iran is set to construct 125 luxury...
Drake & Scull Rail wins $93 million Doha Metro work
Drake & Scull Rail (DSR) has won a QR340-million ($93.28 million) contract related to the delivery of the first phase...
Russia and Iran reach power agreement
Russia’s Inter RAO – Export LLC has signed an MoU with Iran's Khuzestan Water & Power Authority on participation in...
Saudi Arabia offers $1.5 billion to fund Egypt's Sinai projects
Egypt said on Sunday that Saudi Arabia has offered US$1.5 billion to help finance economic projects in the Sinai Peninsula,...
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