Saudi government reviews 391 bids for Riyadh monorail project

Committee will draw up a short-list of consortia for the contract once pre-qualification process has concluded. A Saudi ministerial committee has met...

UAE nuclear body grants construction licenses for two reactors in Abu Dhabi

License is only to construct, not operate, the Korean designed nuclear reactors. The Federal Authority for Nuclear Regulation (FANR) of the United...

Kuwait’s Al-Themar to venture into Saudi real estate market

Company investing in land and commercial development in Kingdom. Kuwait’s Al-Themar International Holding Company has said it is eyeing opportunities in the...

Diar starts construction on first Tunisian luxury resort

$80m resort will be a major contributor to the country's tourism sector. Qatari Diar Real Estate Investment Company has announced the commencement...

PwC appointed as financial advisors for Oman power project

Firm will assist in the implementation of an Independent Power Project in Salalah. PricewaterhouseCoopers, the global professional services firm, has won a...

Dar Al Arkan in talks to build 50,000 units

Saudi developer looking to capitalise on an expected growth in demand after passing of mortgage law. Yousef Al Shelash, chairman of Saudi...

Ramee to open Bahrain’s tallest 5-star hotel

Dubai based group to open 115m hotel, which will offer 166 rooms and 30 suites, in September. Dubai-based Ramee Group of Hotels...

UAE leads GCC interior contracting market in 2012

All the GCC markets, except for Bahrain, are expected to record significant growth rates, report says. According to a study by Ventures...

Kuwait floats tender for $500m maternity hospital project

600 bed hospital project scheduled for completion in December 2013, Kuwait Ministry of Public Works says. Construction firms have received invitations from...