Friday 31 October 2014
 
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Leading HVAC expo targets Saudi market

Saudi Arabia is the world's third biggest HVAC (heating, ventilating, and air-conditioning) market which is set to hit $1.4 billion in 2015, according to the organisers of Mostra Convegno Expocomfort (MCE). One of the world&rs

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Mena spends $300bn on railways and metros

Rail and metro projects worth a total of $300 billion are under way or being planned in the Middle East and North Africa (Mena) region, said an expert at a key industry summit held in Dubai, UAE. Saudi Arabia has the largest rail

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Saudi group to spend $1.6bn on real estate

Al Anwa for Investment & Real Estate Development, the property arm of Saudi-based Al Ibrahim Investment Group, has announced plans to develop a series of hospitality and residential projects across the kingdom at an investment of over SR6 bi

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Al Anwa plans major hospitality projects in Makkah

Al Anwa for Investment & Real Estate Development, the property arm of Saudi-based Al Ibrahim Investment Group, has announced plans to develop a series of hospitality projects on a 30,000-sq-m area at prime locations in Makkah, Saudi Arabia.

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Qatar to spend $205bn on infrastructure

Qatar is set to spend as much as $205 billion on infrastructure over the next four years, prioritising sectors such as housing, transport infrastructure, power, water and sewage facilities, said experts. In spite of growing storm

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Sharjah launches new firm to develop real estate

Sharjah Asset Management, the investment arm of the government of Sharjah, UAE, has joined hands with Eskan Real Estate Development to set up  Tilal Real Estate, a new venture that will help the establishment, development and management of

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Bahrain to invest $22bn in infrastructure projects

Bahrain is set to spend $22 billion on major infrastructure projects including modernisation of the airport, development of a major beach and construction of 40,000 new housing units, said a report. The massive infrastructure proj

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Major projects to be showcased at Bahrain event

At least 58 potential projects representing sectors such as metals, plastic, fibreglass, water, e-commerce, information and communications technology will be unveiled at a major international event today (October 15) in Bahrain. B

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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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