Friday 18 April 2014
 
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Qatar to spend $182bn on new projects

Qatar plans to invest around QR664 billion ($182.3 billion) in infrastructure, excluding projects in oil and gas sector, in the next five years, Sheikh Ahmed bin Jassim Al Thani, the Minister of Economy and Trade, was quoted as saying.

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SEC plans 17 new energy projects in Saudi

Saudi Electricity Company is set to implement 17 new projects worth SR7.2 billion ($1.9 billion) as part of its efforts to meet the growing demand for energy, said a report.   They include new transformer station

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Projects boom in GCC; $40bn deals in Q1

The projects markets of the Middle East are set to enjoy a record-breaking year in 2014 with more than $40 billion worth of new contracts awarded in the GCC alone in the first quarter, a report said. New contract awards in the GCC

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Projects boom in GCC; $40bn deals in Q1

The projects markets of the Middle East are set to enjoy a record-breaking year in 2014 with more than $40 billion worth of new contracts awarded in the GCC alone in the first quarter, a report said. New contract awards in the GCC

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Tunisia offers $1.26bn projects to Arab funds

Tunisia is offering infrastructure and development projects worth 1.99 billion dinars ($1.26 billion) to various Arab funds during an Arab ministers' summit in Tunis on Tuesday, a government official said. "It is a projec

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20 entrepreneurs undergo QDB training

Qatar Development Bank has trained 20 entrepreneurs to develop effective strategies for establishing and managing manufacturing projects in Qatar recently.   The four-day industrial training programme presented a

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Mena projects total $2.5 trillion

There are projects worth $2.5 trillion currently underway in Middle East and North Africa (Mena) region and projects worth $1.4 trillion of these are in the execution phase, said a Citi Research report. $600 billion of the project

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Qatar’s real GDP growth to hit 6.8pc in 2014

Qatar’s real GDP grew 6.5 per cent, spurred by double-digit growth in construction, wholesale trade and hospitality, and financial, real estate, and business services, said a report. Maintaining its strong growth momentum, t

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UAE market upbeat as $23bn projects to be awarded

The UAE is set to award $23 billion worth of construction projects in 2014, of which more than $5 billion contracts will be given in the first quarter alone, said a report. Meanwhile, work began at stalled real estate projects wor

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Major Bahrain projects win top quality awards

The Works Ministry's North Manama Causeway project and Bapco's Install Refinery Waste Water Treatment Plant project have been named winners of the national round of the MEED Quality Awards for Projects 2014. "Bahrain&

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