Phase two of Wahat Al Muharraq launched in Bahrain
"Manara Developments" Managing Director Dr. Hassan Al Bastaki confirmed that the contracting companies which "Manara" had sealed an agreement with,...
Construction
Makkah-Madinah train set to roll by January 2014
Construction is under way on the first high-speed passenger railway line between Makkah and Madinah and is expected to be...
Real estate sales in Kuwait up by 18%
Real estate sales in June totaled KD 266 million, almost unchanged from June of last year but up 18 percent...
Saudi Arabia to lead MENA construction spending for 15 years
Saudi Arabia is predicted to lead growth in the Middle East and North African (MENA) region's infrastructure and construction spending...
New attractions announced for $1.5 billion theme park in Jordan
A flight simulator has now been added to the list of attractions at the under development $1.5 billion leisure and...
Abu Dhabi’s real estate sector falling behind its economic recovery
A report recently published by CB Richard Ellis considered that the real estate sector in Abu Dhabi is still falling...
Cement, bitumen terminals planned at Muscat‘s Port of Duqm
Plans are under way for the establishment of major terminals for cement and bitumen imports via the Port of Duqm....
$20 billion construction contracts awarded in Saudi Arabia
Bloomberg reports that Cranes stand beside new high rise buildings under construction in the King Abdullah financial district of Riyadh,...
GCC nationals buy more UAE properties
The amount pf property contracts entered into by GCC nationals in the UAE increased by 32% in 2011, according to...
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,...
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