Monday 20 October 2014
 
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Construction

Egyptian developer Sodic to invest $336m in 2015

Sodic, one of Egypt's largest listed real estate developers, plans to invest E£2.4 billion ($336 million) in 2015 and is on the look out for new projects as the sector recovers from three years of turmoil, its managing director said.

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New Gulf projects to hit $180bn, despite oil price slump

About $180 billion of contracts for new construction projects will be awarded in wealthy Gulf states this year, the largest amount for six years, despite falling oil prices, according to a recent study. Brent crude oil sank to a f

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SteelFab eyes booming construction sector

SteelFab 2015, the region’s premier metal working, metal manufacturing and steel fabrication trade fair, is hoping to cash in on the growing optimism in the regional construction industry when it gets rolling in Sharjah, UAE, in January ne

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Kuwait's project contracts to hit $38bn by year-end

The Kuwait government had awarded more than KD6 billion ($20.7 billion) worth of contracts by the end of August, almost twice as much as last year, making the country’s projects market among the fastest growing in the region, said a report

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CMS announces key Dubai appointments

CMS, a European provider of legal and tax services, has made two key appointments in Dubai, UAE, to enhance its offering to the region’s construction and engineering sectors. CMS in Dubai has named Jeremie Witt as its legal direct

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Khaleeji to fund Bahrain hospital construction

Khaleeji Commercial Bank (KHCB), one of the leading Islamic Banks in Bahrain, has signed a corporate financing deal for the construction of a new specialist hospital in the kingdom. As per the deal, KHCB will provide about BD7 mil

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Khaleeji to fund Bahrain hospital construction

Khaleeji Commercial Bank (KHCB), one of the leading Islamic Banks in Bahrain, has signed a corporate financing deal for the construction of a new specialist hospital in the kingdom. As per the deal, KHCB will provide about BD7 mil

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GCC to spend $90bn on school construction projects

The GCC region is expected to spend more than $90 billion on education-related construction projects by the end of 2014, according to a report. This high spending makes the education sector one of the biggest for contractors and s

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GCC to spend $90bn on school construction projects

The GCC region is expected to spend more than $90 billion on education-related construction projects by the end of 2014, according to a report. This high spending makes the education sector one of the biggest for contractors and s

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Etihad Rail Phase One line to be ready in December

The first phase of the 264-km Shah-Habshan line under the Etihad Rail Project will be fully completed by the end of this year, said the Emirati state news agency, citing a top official. Seven carriages and 110 wagons will run on t

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