Friday 30 January 2015
 
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Sawaris to build marina in Cyprus resort

Egyptian business tycoon Naguib Sawiris plans to invest around €220 million ($246 million) in the construction of a marina at a tourist resort in Ayia Napa, Cyprus, said a report. Sawiris also announced plans to set up a luxu

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Sawaris to build marina in Cyprus resort

Egyptian business tycoon Naguib Sawiris plans to invest around €220 million ($246 million) in the construction of a marina at a tourist resort in Ayia Napa, Cyprus, said a report. Sawiris also announced plans to set up a luxu

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Al Areen developers in plea for licences

Several Kuwaiti real estate investors are facing difficulties in obtaining the required licences to start their commercial and housing projects as part of Al Areen development project in the Southern Governorate in Bahrain. They s

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Drake & Scull clinches $49m residential tower deal

 Dubai-based contractor Drake and Scull International (DSI) said one of its subsidiaries has been awarded a Dh180 million ($49 million) engineering contract for a 38-storey residential tower, located at Jumeirah Village South in Dubai, UAE.

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Over 300 green building projects under way in Saudi

More than 300 environment-friendly building projects are currently under way in Saudi Arabia out of a total of 2,000 such developments in the Middle East region, said a report. The kingdom has captured about 15 per cent of the reg

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Saudi industrial gas sector 'set to grow'

Saudi Arabia’s industrial gas infrastructure will continue to grow to support the planned projects in energy and non-energy sectors. The kingdom plans to make huge capital expenditure across all industry sectors and this is

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Saudi Arabia approves key school projects

The Saudi government has approved a number of educational projects worth SR319 million ($85 million) across the kingdom, said a report. These projects will be coming up in a number of cities and provinces including Bisha, Asir, Ma

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Saudi Arabia approves key school projects

The Saudi government has approved a number of educational projects worth SR319 million ($85 million) across the kingdom, said a report. These projects will be coming up in a number of cities and provinces including Bisha, Asir, Ma

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Dubai real estate transactions surge to $59.3bn

The value of the real estate transactions in Dubai, UAE, surged to more than Dh218 billion ($59.3 billion) in 2014, a clear indication of its property market's ability to gain momentum from year to year, said a report. The emi

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Saudi Arabia completes $266m port projects

The Ports Authority in Saudi Arabia has carried out a number of projects worth about SR1 billion ($266 million) including the expansion of power supply units, new sidewalks and upgrade of security networks, said a report. The Yanb

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