Infrastructure
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Transport growth to extend beyond Dubai Expo, Qatar 2022 – expert
New avenues to open up for construction sector. The Gulf transport sector will create ongoing opportunities for the construction industry beyond major events like Dubai...
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WFES: Abu Dhabi’s Masdar to invest $300mn in Jordan solar project
Plant will be its second renewables venture in the kingdom. The Abu Dhabi-based Masdar is investing around $300 million in a solar...
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Saudi, Korean firms in $2.2bn Vietnam power deal
Project scheduled to commence in mid-2016. Saudi Arabia’s ACWA Power and South Korea’s Taekwang Power Holdings have inked a $2.2 billion thermal...
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Wafi Interchange in Dubai 65% complete, says RTA
Spanning 700m, the new bridge will be able to handle 3,300 vehicles per hour. Dubai’s Roads and Transport Authority (RTA) has announced...
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Spain’s Himoinsa records 15% growth in 2015
Power generation firm says 10% of sales came from Middle East . The Spanish power generation firm Himoinsa has reported a 15%...
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Dubai’s RTA ‘seeks more than $2bn’ to extend metro
Transport authority said to seek finance for Expo 2020 extension. Dubai’s Roads and Transport Authority is reportedly seeking more than $2 billion...
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Egypt’s Orascom Construction in $420m power deal
Cairo and Dubai-listed firm to revamp Assiut and West Damietta plants. Orascom Construction says it has signed contracts worth $420m to revamp...
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UAE district cooling market ‘set to grow by 18% in five years’
Emicool looks to boost market share to 20%. The district cooling sector in the UAE is forecast to see 18% growth over...
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India’s Larsen & Toubro Oman subsidiary wins $93.1m airport contract
Contractor to build terminal building for regional airport. Larsen & Toubro (Oman) has been awarded a $93.1 million contract to construct the...
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Saudi Arabia considers IPO of oil giant Aramco
Privatisation could raise money in an era of cheap oil. Saudi Arabia is considering selling shares in the oil giant Aramco, in...
