QAR 3.7 billion syndicated facility to finance the development of the Doha Festival City project
Bawabat Al Shamal Real Estate Company WLL (BASREC) has signed a QAR 3.7 billion 10 year syndicated facility to finance...
Infrastructure
First sustainable Qatari eco villa launched
Eco Villa, a modern contemporary dwelling featuring traditional Qatari architecture, culture and heritage has been launched by a research and...
New resort hotel in Oman to be ready by end 2013
The construction of Al Jebel al Akhdar Resort Hotel at Hail Misbhat, the highest point in Jebel Akhdar is firmly...
Kurdistan region of Iraq to build a $5.8m dam in Suli
The region’s Ministry of Agriculture and Water Resources recently signed a contract to construct a dam in Qaradakh parish of...
RW starts $98 million residential contract in Samawa
Rotondo Weirich’s (RW) UAE partner company, RW Middle East, has started work on an investment housing contract awarded to the...
AED435 million road construction contracts awarded in the UAE
The Follow up Committee of Initiatives of UAE President has approved awarding two contracts for the construction of the Ras...
House prices and rentals in Riyadh continue to increase
Home prices and rents in Saudi Arabia’s two largest cities increased during the first quarter amid limited residential supply and...
Bahrain construction industry 'on recovery path'
The construction industry in Bahrain is shaping up after a period of unrest that also affected the real estate sector,...
Lebanese private sector seeks greater role in infrastructure projects
The Lebanese Economic Organizations urged the government in a proposal to allow the private sector to be more involved in...
Cement demand increases with Saudi government’s plan to spend SR780 billion on infrastructure
Cement demand is to continue strongly, led by government expenditure. The recent government intervention of reducing the price cap and...
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