Construction
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Saudi projects faltering due to poor expertise, inefficiency
Control and Investigation Board blames subpar technical and administrative expertise of government agencies and inefficient project management for faltering government projects. A...
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Land auctions in KSA Eastern Region delayed due to “market saturation”
Three month suspension from real estate developers to allow time to absorb extra liquidity. Land auctions in the Eastern Region of Saudi...
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Saudi Arabian construction to achieve 5.4% growth in 2012
Development of six economic cities to push Kingdom’s diversification and investment plans. Saudi Arabia’s construction sector is expected to achieve a 5.4%...
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Saudi-led consortium set to win Moroccan solar plant deal
Proposed plant will include five power stations, two of which are located in the disputed Western Sahara. The Moroccan government is set...
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Liebherr unveils the LTR 1220 tele-crawler
New crane has a 60m, six section main boom with a 12.2-22.2m bi-fold swing away extension. Heavy machinery manufacturer, Liebherr Group, has...
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Dar al-Arkan inaugurates Riyadh’s largest shopping mall
Al Qasr Mall will feature 350 stores, a fun zone, food court and two parking floors. Saudi Arabia’s largest developer by market...
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Pacific Ventures to build two real estate developments in Dubai
Developments slated for completion within 18 to 24 months, Indian developer says. India’s Pacific Ventures has announced the launch of two new...
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Al Mazaya looking to sell its Dubai projects portfolio
Kuwaiti firm is looking to diversify its sources of revenue and reduce exposure in Dubai due to difficulties with existing infrastructure and...
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Nakheel confirms $52.5m in profit payments
Developer swung to profit in the first quarter of this year after registering a loss in the year earlier period, on the...
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Bukhatir Group says 15% of Phase I of Tunis Sports City completed
Project scheduled to be completed by 2025 as developer looks to house 30,000 residents. Sports City International, a unit of the UAE...
