Sunday 25 September 2016
 
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$200bn infrastructure projects under way in Qatar

Qatar's Public Works Authority (Ashghal) is working on projects worth $200 billion as the country races to boost its infrastructure ahead of the Qatar 2022 Fifa World Cup, said a report. These projects represented important op

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SolarCity raises $305m to fund solar projects

Solar panel installer SolarCity Corp, which is being bought by Tesla Motors Inc for $2.6 billion, said on Monday it had raised $305 million to fund its projects. A private investment fund affiliated with Quantum Strategic Partners

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$100bn Saudi mosque expansion projects on track

Construction projects to expand capacity at Makkah's Grand Mosque and other Islamic holy sites will be completed in about three years, enabling Saudi Arabia to accommodate more pilgrims, Makkah's mayor told Reuters. Osama

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Bahraini developers to showcase landmark projects

Leading Bahraini developers such as Diyar Al Muharraq and Manara Developments will be showcasing their key projects at the Cityscape Global real estate expo which opened today in Dubai. The landmark developments will all be on dis

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Damac launches five new high-profile projects

Damac Properties, a leading luxury real estate developer in the UAE, has announced five new project launches including a new phase of Akoya Imagine three-bedroom villas targeting millennials, the new four-bedroom Akoya Cuatro Villas, The Residen

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Damac launched $3.5bn major projects in 2016

Damac Properties, a leading luxury real estate developer in the UAE, said it has launched 10 major projects so far this year with a combined value of over Dh13 billion ($3.53 billion). The announcement comes ahead of Cityscape Glo

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960 Mena projects in pipeline despite low oil

Despite the low oil prices impacting the Middle East, the construction industry remains upbeat with about 960 major projects in the residential, commercial, healthcare, hospitality, smart buildings and education sectors in the pipeline, said a r

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Turkey wealth fund to finance logistics projects

Turkey’s new national wealth fund will finance projects including airports, seaports, roads and railroads across the country, a senior government official was quoted as saying in a Gulf Times report. The fund, which

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Saudi American Glass wins projects worth $5.33m

Saudi American Glass (SAG), a subsidiary of Dubai Investments and a leading processor of architectural high-performance flat glass across the Middle East, has signed new projects valued over SR20 million ($5.33 million) in Saudi Arabia.

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Iraq, oil companies agree to restart investment

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.

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