ASAS Real Estate, a unit of Sharjah Islamic Bank, has announced the start of infrastructure development works across 11 residential, commercial and industrial land projects in the emirate. The work covers internal roads, electricity, water and telecom networks as well as street lighting.
Qatar’s Public Works Authority (Ashghal) has announced that it has started work on the first package of the QAR688 million ($187 million) Izghawa & Al Thumaid Infrastructure Development Project aimed at delivering integrated infrastructure services for more than 650 residential plots in capital Doha.
Saudi Downtown Company, a unit of sovereign wealth fund PIF, has announced that it has awarded the design and infrastructure development works contract for Al Khobar Downtown, a major mixed-use lifestyle, retail and entertainment destination coming up in the kingdom’s Eastern Province.
Saudi authorities have announced that SAR200 billion ($53 billion) worth of development projects are being implemented in Madinah across key sectors in a bid to boost infrastructure to accommodate the rising number of pilgrims, set to hit 30 million by 2030.
