The large fiscal reserves which the United Arab Emirates has built up will allow it to keep spending on development projects in coming years despite the recent plunge in oil prices, the economy minister said.
Although some people
UAE family-owned conglomerate Al Habtoor Group has launched three new mega projects - two hospitality developments and a residential project - worth Dh2.01 billion ($547 million) in Dubai.
Announcing the launch, Khalaf Ahmad
Currently some $2.7 trillion worth of projects are planned or under way in the GCC, laying the foundations for the long-term, sustainable development of the region that will support the ambitions of the Gulf’s future generations, said lead
Project Qatar 2015, a leading construction, technology and building materials exhibition, has received an overwhelming response from the exhibitors, six months prior to its opening in capital Doha.
The 12th International Construction Te
The UAE has spent more than Dh6.5 billion ($1.76 billion) on 125 major infrastructure development projects including building of new roads, hospitals, dams and ports, said a report.
Of these projects, implemented by the UAE Presid
Not many private companies in Saudi Arabia are coming forward to bid for maintenance projects in the Jeddah region, said a report citing a source.
The main reason cited is the 'meagre' amount allocated for such works
The infrastructure investments in Qatar will breach the $200-billion mark by the next decade as additional investments start pouring in from the private sector to complement the government's development drive, said a leading Doha-based contr
Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with infrastructure projects planned and currently in progress totalling more than $30 billion.
Experts presented a series of papers to over 200 delegates
Dubai-based property developer Deyaar is showcasing two of its high-end projects - Montrose and The Atria - at the ongoing Property Show 2014 in Dubai, UAE.
A first-of-its-kind luxury property exhibition, Property Show 2014 kicked
The steel market in Dubai, UAE, has enough capacity to support the new wave of infrastructure developments that are being planned in runup to Expo 2020, said an expert.
The technologies and capacity to cater to this requirement im