Monday 28 July 2014
 
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Sharp rise in Qatar infrastructure spending

Qatar's spending on infrastructure projects showed a sharp rise last fiscal year, with country accelerating the pace of work on 2022 World Cup projects.  

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Barwa Bank H1 profits up 35pc

Barwa Bank Group, Qatar's fastest growing shari'ah compliant banking service provider, said its net profit rose 35 per cent to QR411 million during the first half of this year, compared with QR303 million during the same period in 2013.

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Foundation laid for massive Madinah city

Work on the massive King Abdullah City for Pilgrims was launched in Madinah recently with the laying of the foundation for the project. Attending the ceremony were Minister of Finance Dr Ibrahim Al-Assaf and Minister of Haj Dr Ban

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Work on Bahrain homes project begins

Bahrain's Housing Ministry has started work on the East Hidd housing project.   A multi-million agreement has been signed to construct the first phase of the project, whi

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BIBF signs training deal with BBK

Bahrain Institute Banking and Finance has signed a deal with the Bank of Bahrain and Kuwait to deliver a management training and development project for new recruits.   The p

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Bahrain's first 'green' school project unveiled

Work on Bahrain's first school integrating modern green technology is 60 per cent complete.   Education Minister Dr Majid Al Nuaimi yesterday (July 22) unveiled the world

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Qatar real estate projects to hit $9bn

Qatar’s real estate project value is set to reach QR35 billion ($9.6 billion) in the next five year, with about 25,000 housing unites to be available by the end of this year, said a report.

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Hilton Abu Dhabi begins beach reclamation project

Hilton Abu Dhabi, an Abu Dhabi National Hotel property, has launched an eco-friendly beach reclamation project, which will restore and extend the hotel’s Hiltonia Beach Club beachfron on the Abu Dhabi Corni

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Bahrain's 'Pearl Trail' project given green light

The iconic Pearl Trail project in Muharraq was given the go-ahead. The cultural project was approved as His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa chaired the weekly Cabinet meeting at

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Saudi approves $14bn education projects

Saudi Arabia has approved 5,700 new educational development projects worth SR54 billion ($14.3 billion), said a report.   The new projects were aimed at creating a qualitative improvement in the country's edu

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