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    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt’s agriculture exports rise 17.2 percent in 5 months

    Egypt secures $66 mln from EU, AFD to expand wheat storage

    Egypt secures $66 mln from EU, AFD to expand wheat storage

    Agreements signed to establish 4 food factories in Jordan

    Agreements signed to establish 4 food factories in Jordan

    Morocco set to launch potash project: report

    Morocco set to launch potash project: report

    Food Africa and pacprocess MEA to launch in December with an even larger area

    Food Africa and pacprocess MEA to launch in December with an even larger area

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

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      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

      Number of BIA passengers up by 26.90% annually YTD APRIL 2023

      Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

      Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

      International investors keen on entering Saudi market, says minister

      International investors keen on entering Saudi market, says minister

      Egypt aims to enhance contribution of IT sector to GDP: Talaat

      Egypt aims to enhance contribution of IT sector to GDP: Talaat

      Saudi airports witness 42% rise in passengers in first 4 months of 2023

      Saudi airports witness 42% rise in passengers in first 4 months of 2023

      Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

      Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

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      • CES 2017
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      Oman gears up for its first smart city

      Oman gears up for its first smart city

      Saudi real estate ‘booming’ on big office space demand

      Saudi real estate ‘booming’ on big office space demand

      Value of Saudi construction contracts jump 35% to $51.3bn: report

      Value of Saudi construction contracts jump 35% to $51.3bn: report

      Qatar to implement new strategies for real estate development

      Qatar to implement new strategies for real estate development

      Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

      Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

      Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

      Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

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        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Clean energy technology manufacturing market to reach $790bln by 2030: IEA

        Egypt invests $64mln in electricity network development in South Sinai since July 2014

        Egypt invests $64mln in electricity network development in South Sinai since July 2014

        First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

        First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

        Oman’s refinery products output jumps by 44%

        Oman’s refinery products output jumps by 44%

        Iraq agrees to 30% stake in TotalEnergies $27bln energy project

        Iraq agrees to 30% stake in TotalEnergies $27bln energy project

        Oman signs $20bn hydrogen deals

        Oman signs $20bn hydrogen deals

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          Qatar: Over 700 hotel keys added in Q1

          Qatar: Over 700 hotel keys added in Q1

          Jordan’s tourism income surges 88% as visitors flock to the country

          Jordan’s tourism income surges 88% as visitors flock to the country

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

          Leisure sector in Qatar stronger after World Cup 2022

          Leisure sector in Qatar stronger after World Cup 2022

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Saudi to be among world’s big leisure tourism hubs by 2030

          Saudi to be among world’s big leisure tourism hubs by 2030

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        • Agrofood
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          • Agriculture
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          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt’s agriculture exports rise 17.2 percent in 5 months

          Egypt secures $66 mln from EU, AFD to expand wheat storage

          Egypt secures $66 mln from EU, AFD to expand wheat storage

          Agreements signed to establish 4 food factories in Jordan

          Agreements signed to establish 4 food factories in Jordan

          Morocco set to launch potash project: report

          Morocco set to launch potash project: report

          Food Africa and pacprocess MEA to launch in December with an even larger area

          Food Africa and pacprocess MEA to launch in December with an even larger area

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Trending Tags

          • Business & Economy
            • All
            • Business
            • Economy
            • Finance
            • Industry
            • Technology
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            • Transport & Logistics
            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Number of BIA passengers up by 26.90% annually YTD APRIL 2023

            Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

            Qatar’s non-oil sector achieved 9.9% growth in Q4 2022: Prime Minister

            International investors keen on entering Saudi market, says minister

            International investors keen on entering Saudi market, says minister

            Egypt aims to enhance contribution of IT sector to GDP: Talaat

            Egypt aims to enhance contribution of IT sector to GDP: Talaat

            Saudi airports witness 42% rise in passengers in first 4 months of 2023

            Saudi airports witness 42% rise in passengers in first 4 months of 2023

            Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

            Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
            • Infrastructure
            • Real Estate
            Oman gears up for its first smart city

            Oman gears up for its first smart city

            Saudi real estate ‘booming’ on big office space demand

            Saudi real estate ‘booming’ on big office space demand

            Value of Saudi construction contracts jump 35% to $51.3bn: report

            Value of Saudi construction contracts jump 35% to $51.3bn: report

            Qatar to implement new strategies for real estate development

            Qatar to implement new strategies for real estate development

            Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

            Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals

            Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

            Sharjah records 21,486 real estate transactions worth Dh5.9 billion in Q1 2023

            Trending Tags

            • Energy
              • All
              • Oil & Gas
              • Power & Electricity
              • Renewable Energy
              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Clean energy technology manufacturing market to reach $790bln by 2030: IEA

              Egypt invests $64mln in electricity network development in South Sinai since July 2014

              Egypt invests $64mln in electricity network development in South Sinai since July 2014

              First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

              First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan

              Oman’s refinery products output jumps by 44%

              Oman’s refinery products output jumps by 44%

              Iraq agrees to 30% stake in TotalEnergies $27bln energy project

              Iraq agrees to 30% stake in TotalEnergies $27bln energy project

              Oman signs $20bn hydrogen deals

              Oman signs $20bn hydrogen deals

              Trending Tags

              • Hospitality
                Qatar: Over 700 hotel keys added in Q1

                Qatar: Over 700 hotel keys added in Q1

                Jordan’s tourism income surges 88% as visitors flock to the country

                Jordan’s tourism income surges 88% as visitors flock to the country

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Dubai’s hotel stock hits 150,000 keys as tourist influx from India, Russia, Oman buoys hospitality sector

                Leisure sector in Qatar stronger after World Cup 2022

                Leisure sector in Qatar stronger after World Cup 2022

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

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              Construction in Lebanon remains one of the most attractive sectors

              ifpinfo

              June 1, 2014
              in Infrastructure, Real Estate
              0
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              Despite facing political and economic pressures due to the spillovers of the ongoing Syrian crisis, the construction and real estate industries in Lebanon remain the most attractive and promising sectors of the country’s resilient economy. The overall volume of real estate sales in Lebanon totaled $8.71 billion in 2013, while the number of property sales transactions reached 69,198 transactions, proving Lebanon’s real estate sector to be peculiarly resilient in the face of all instabilities. All in all, investments in the sector contribute to 21% of the GDP. The overall volume of construction in Lebanon totaled more than $9 billion in 2013. Yet, Lebanon imports around 80% of its construction equipment and building materials

              Actually, the construction sector in Lebanon remains one of the most attractive sectors for local, Arab and foreign investors. The future of the construction sector in Lebanon is very promising and Lebanese development companies have gained special expertise from their many projects in Lebanon, the Arab world especially in Iraq, underling Lebanon’s role as a gateway to the wider Arab construction world.

              Figures released by the order of Engineers of Beirut & Tripoli show that construction permits issued in the first quarter of 2014 reached 3.4 million square meters, constituting an increase of 18% from the same quarter last year. While cement deliveries in 2013 were higher by 13.5% after having recorded a decline of 10.9% in 2012 pointing to an improving construction activity. This increase is partly attributed to the public sector demand with the ongoing expansion project of the Port of Beirut and the ongoing mega projects in Beirut and the coastal areas. Actually, 382 housing projects are under construction in Municipal Beirut area in 96 different locations divided into different price categories.

              Construction loans went up by 14.7% year-on-year to almost $10 billion by end of 2013. This increase was mainly the direct result of Banque du Liban (BDL) and the financial sector’s stimuli to boost demand. This stimulus package provided was very encouraging and has led to increase in demand for housing loans especially for small sized apartments. Actually, demand is driven by more affordable, smaller sized houses mainly in the neighborhoods of Beirut. And this trend seems to sustain as construction activity in the smaller-sized and more affordable segment is growing more rapidly than in the larger-sized home segment.

              Construction works on the largest real estate development in Lebanon, the $2 billion Waterfront City on the seafront of Dbayyeh, are going as scheduled. Plus Holding’s two major towers in the Beirut Central District are on schedule and delivery is expected next year. DAMAC Properties has also announced that its $300 million Versace DAMAC Tower in the Beirut Central District is going ahead as scheduled.

              The $500 million Sama Beirut, which is the highest tower planned in Lebanon, will start delivering by mid of 2015. While local developer Sayfco announced a $200 million development in the Kesrouan village of Bqaatouta.

              Lebanon a gateway to the Levant countries
              Despite regional political uncertainties, Lebanon’s investment climate remains promising especially in the trade, real estate and construction sectors. Lebanon’s role as the gateway to the Levant countries of Syria and Jordan has been further emphasized due to the regional unrests.

              The region’s potential developments and reconstruction could open doors to many profitable opportunities in the construction, infrastructure and real estate industries in Lebanon and the neighboring Levant countries.

              The new plan to modernize and expand the Beirut Port came also as a result of the Syrian war that has made overland transportation of goods nearly impossible, with the Beirut Port emerging as an alternative trans-shipment hub in the Eastern Mediterranean. The renovation works, aims at increasing the working hours of the port to speed up the clearance of the containers.

              In July 2013, UN experts estimated more than $80 billion will be invested in the reconstruction in Syria and according to forecasts from the UN’s Economic and Social Commission for Western Asia (ESCWA), when reconstruction begins, demand for cement in Syria will rise to around 30 million tons per year, benefiting the Lebanese building materials industry.

              The construction sector in Jordan is heading towards revival with the announcement of several major projects across the country and with the government stating that in 2013 the sector performed better than the previous years.
               
              Another key promising area is related to the potential oil and gas activities off the Lebanese shore. According to experts, setting the infrastructure and the environment and safety frameworks will require 30 different services. The country and region’s construction sector will benefit from the opportunities that will arise from the potentials of this prospective national wealth.
              ifpinfo
              1 June

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