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Kuwait to finance Bahrain projects worth $1.3bnKuwait will finance development projects worth $1.3 billion in Bahrain over the next few years, a report said. The funds will be used to finance part of four developments, including power transmission networks, housing projects an More… |
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Kuwait to spend $18bn on projects this yearKuwait plans to spend 4.5-5.0 billion dinars ($15.8-17.5 billion) on development projects in the 2013/14 fiscal year which began this month, Finance Minister Mustapha Al-Shamali said on Monday. More… |
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Abu Dhabi's west to be next development hotspotAbu Dhabi’s Western Region is poised to become the UAE’s next development hotspot, with economic output expected to reach more than Dh500 billion ($136 billion) in 2030, according to the Al Gharbia Investment Roadma More… |
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Ithmaar awards key Bahrain project contractIthmaar Development Company (IDC), a wholly owned subsidiary of Ithmaar Bank and a key developer and manager of major real estate projects in Bahrain, has awarded the infrastructure works for the first Phase of its Dilmunia pro More… |
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Human capital 'top priority for Bahrain'Bahrain has long realised the importance of human resource management and that has put it in the forefront of human capital development, said Minister of State for Electricity and Water Affairs Dr Abdulhussain Mirza. Dr Mirza was More… |
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Jordan to host WEF Mena summitJordan said it will be hosting the high-profile World Economic Forum (WEF) on Middle East and North Africa in May next year. The meeting will convene over 1,000 participants from government, business, civil society and academia. T More… |
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Egypt plans $8bn development projectsEgypt has outlined a string of projects worth $8 billion to develop areas around the Suez Canal and the south of the country in a bid to create jobs and attract investors back to an economy damaged by political turmoil. The projec More… |
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Kuwait row leaves economic plans on iceA Kuwaiti walks into a lost and found bureau and says he is searching for the country's vaunted 30 billion dinar ($107 billion) economic development plan. The cartoon captures people's frustration at a long-running political row, More… |
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DP World completes major port upgradeDP World, the Dubai-based global marine operator, has announced the completion of the first phase of Al Hamriya port development plan aimed at modernising and upgrading the port to meet customers and fishermen’s growing needs. The first ph More… |
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Gulf Capital JV launches $266m developmentGulf Related, a joint venture between Gulf Capital, a leading alternative investment firm in the Middle East, and US-based Related Companies, has launched a SR1 billion ($266.6 million) residential real estate development in Riyadh. The de More… |
