GCC cement sector profits up 21.2% in first quarter
Profits of the GCC cement sector increased by 21.2 percent in Q1, 2012. Net profits increased from $359.5 million in ...
Country: Middle East
Economic outlook for Middle East in 2012 improves sharply
Middle East economies are set to beat forecasted figures this year, with the GDP growth of 3.8% in 2012 and ...
Drake & Scull to build Basra pipeline
Drake & Scull International said that it is in final talks for its first job in Iraq, its chief executive ...
Bidders named for $1bn Iraqi power plant
Iraq has announced the names of foreign companies bidding to build a $1 billion, 1,500 megawatt, power plant in western ...
Iraq discovers first offshore oilfield
An Iraqi Oil Ministry spokesman announced that an oilfield has been discovered in Iraqi territorial water. Assim Jihad told Aswat ...
UAE- GCC aviation set for huge growth
Abu Dhabi, Dubai and Doha airports' combined annual capacity will reach 190 million passengers by 2015 while Emirates airline, Qatar ...
Qatar Airways launches new route to Erbil
Qatar Airways extended its Middle East routes with launching scheduled flights to the northern city of Erbil, Iraq. The Doha-based ...
Iraq seeks investments in housing
Iraq is looking for investors in housing and infrastructure projects, Mohammad Al Daraji, its Minister of Construction and Housing, told ...
Gulf’s $46 billion ports bring capacity seeking market
GCC states risk creating a glut in container capacity as they spend $46 billion on port projects amid sputtering global ...
GCC offers construction projects worth $500bn
Massive construction projects in the GCC, particularly around social and transport infrastructure, will offer tremendous opportunities valued at up to ...
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