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Saudi mega projects 'key to economic diversification'Saudi Arabia has launched a large number of mega projects, including the $500-billion giant city Neom and the 334-sq-km entertainment district Al Qiddiya, as part of its Vision 2030 economic diversification strategy, said a top official of Deloi More… |
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Saudi mega projects 'key to economic diversification'Saudi Arabia has launched a large number of mega projects, including the $500-billion giant city Neom and the 334-sq-km entertainment district Al Qiddiya, as part of its Vision 2030 economic diversification strategy, said a top official of Deloi More… |
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Mega projects to power $2 trillion GCC construction marketSmart Cities and mega-projects will help boost the GCC construction sector to $2 trillion by 2020, driving strong demand for professional audiovisual solutions, from interactive digital signage to massive back-end control rooms, said industry ex More… |
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Mega projects to speed up Egypt GDP growthEgypt's planning minister expects the economy to grow at a pace of less than five per cent in the first quarter of the 2015-2016 fiscal year but to accelerate in coming years, stimulated by new investments and mega projects. E More… |
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UAE growth to stay strong: IMFEconomic growth in the United Arab Emirates is expected to remain strong driven by the ongoing momentum in the non-oil economy, the IMF has said. The economy is estimated to have grown by 4.5 per cent in 2013, supported by tourism, hosp More… |
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IMF warns on Dubai real estate bubbleIf the various mega projects announced by Dubai are not implemented prudently, they could result in a real estate bubble, the International Monetary Fund (IMF) has warned. The projects could also create additional financial risks for Dubai, it s More… |
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Globe Express bolsters Kuwait servicesGlobe Express Services, one of the world’s top 100 global logistics providers, has announced that it has intensified its regional growth plans by providing a full array of innovative supply chain solutions in Kuwait. The com More… |
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Challenges of delivering mega projectsWith 2013 forecasted to be a year of optimism and opportunity for construction in the Middle East, all eyes are back on governments in the region and how they propose to manage their spending, according to a report. In a region where th More… |
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Dubai's new boom assumes short memoriesDubai has rediscovered its appetite for grand designs. A replica Taj Mahal four times bigger than the original, the world's biggest Ferris wheel, several new mega-malls, and over 100 new hotels are amongst a raft of extrava More… |
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Mega project to spur Bahrain investmentsThe massive new BD200 million ($530.4 million) Manama Central Market development project will send a clear message to global investors that Bahrain is stable and open for business. This project will send a message to all in Bahrain and to More… |
