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...
Transport & Logistics
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...
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...
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...
Aviation integral part of Saudi economy
Commercial aviation is a critical component of the Saudi economy, providing 1.8 percent of the Kingdom’s GDP or SR30.2 billion...
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...
Middle East carriers to make $1billion profit in 2013
Tony Tyler, chief executive officer and director general of IATA (International Air Transport Association), told reporters on Tuesday that airlines...
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,...
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