Friday 28 November 2014
 
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Qatar’s Airport City project to be tendered after 2 years

The invitation of tenders for the construction of Qatar’s Airport City project will be announced after the end of 2016, according to a recent report. The multi-billion riyal project, spread over an area of about 10 sq km, wi

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Saudi Arabia sees major growth in shipping; $30bn projects under way

Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with projects planned and currently in progress totalling more than $30 billion. Experts presented a series of papers to more than 200 delegates at the in

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New delays hit $7bn Aramco refinery project

A contract disagreement between Saudi Aramco and South Korea's SK Engineering & Construction is delaying construction of a 400,000-barrel-per-day oil refinery in Jizan in southwest Saudi Arabia, industry sources said. Desp

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Row with Korean builder hits refinery project

A contract disagreement between Saudi Aramco and South Korea's SK Engineering & Construction (SK E&C) is delaying construction of a 400,000-barrel-per-day (bpd) oil refinery in Jizan in southwest Saudi Arabia, industry sources said.

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NBAD inks $489m finance deal for UK luxury project

The National Bank of Abu Dhabi (NBAD) said it has completed a Dh1.8 billion ($489 million) financing deal with UAE-based Abu Dhabi Financial Group for one of the largest redevelopment projects in prime Central London, UK. The 1 Pa

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RAK Properties awards Al Tameer contract for villas

Rak Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has announced that Al Tameer Group has been awarded a contract for the construction of its residential project Bermuda Villas in Ras Al Khaimah, UAE.

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ICT Fund invests $435m in projects in the UAE

The Information and Communication Technology (ICT) Fund, which works under UAE’s Telecom Regulatory Authority (TRA), has invested more than Dh1.6 billion ($435.5 million) in the last six years in the ICT sector, according to a report.

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27 major investment projects unveiled in Yanbu

As many as 27 major investment projects, including hospitality projects, were recently unveiled in Saudi Arabia's industrial city of Yanbu, the kingdom’s Municipal and Rural Affairs Minister said. The projects include a touris

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27 major investment projects unveiled in Yanbu

As many as 27 major investment projects, including hospitality projects, were recently unveiled in Saudi Arabia's industrial city of Yanbu, the kingdom’s Municipal and Rural Affairs Minister said. The projects include a touris

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27 major investment projects unveiled in Yanbu

As many as 27 major investment projects, including hospitality projects, were recently unveiled in Saudi Arabia's industrial city of Yanbu, the kingdom’s Municipal and Rural Affairs Minister said. The projects include a touris

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