Thursday 25 April 2024
 
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Development Project

$283m development projects coming up in Makkah

It is boom time for Saudi Arabia 's Makkah Province which is fast becoming one of the most attractive investment destinations in the kingdom with major project roll-outs under way, said experts at a key investment summit held recently in Jed

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Egypt to launch $5.6bn development project in Sinai

The Egyptian government is set to pump in more than E£100 billion ($5.6 billion) into infrastructure development projects in the insurgency-hit Sinai peninsula over the next two to three years, said a report. The coast of th

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Sacyr completes $139m Qatar semi-urban zone work

Leading Spanish building company Sacyr said it has completed a major project involving the development of a semi-urban zone spanning 1.52 million sq m in Bani Hajer area of Al Rayyan governorate in Qatar for €125 million ($139 million).

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Makkah launches $306m development projects

Saudi government has launched SR1.15 billion ($306 million) development projects in Makkah region including a scheme for beautification of entrances to the city, a new rainwater drainage network and construction of a cultural centre, said a repo

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IDB approves $434m Mena development projects

Saudi-based Islamic Development Bank (IDB) has approved $434 million funding for development projects in the Middle East and North Africa (Mena) region, said a report. Of this, a $170-million funding will go towards the developmen

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$800m development projects under way in Madinah

Saudi government is presently working on over 1,148 projects in Madinah worth over SR3 billion ($800 million) and aim to complete it within the next year, said a report. These include developmental projects such as building playin

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Abu Dhabi pumped $5.4bn into airport development projects

Abu Dhabi Airports said it has invested more than Dh20 billion ($5.44 billion) in capital development projects over the last decade across all of its sites at Abu Dhabi and Al Ain International airports. The biggest infrastructure

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Bahrain to award over $44bn development projects

Bahrain is set to award more than $44 billion worth of development projects this year with major focus on transportation, power and water sector, said a report. Overall Bahrain’s project market is valued at more than $65 bil

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Oman inks $181m development projects

Oman has signed key agreements worth RO71 million ($181 million) with the Saudi Fund for the development of infrastructure in the Special Economic Zone at Duqm. As per the deal, Saudi Fund will also finance the construction of a f

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Egypt plans $4.6bn development projects in Sinai

Egyptian government has invested about E£35 billion ($ 4.6 billion) into a wide range of development projects in and around the Sinai region, said a report. The Central Agency for Construction – that works under Egypt&

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