Infrastructure
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King Abdullah pledges US $266m medical centre in Bahrain
Saudi Arabia King HH Abdullah Ibn Abdul Aziz has pledged to build a SR1 billion ($266 million) medical city as a gift...
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Aabar’s 70% acquisition of Arabtec called off
Arabtec and Aabar Investments have called off their US $1.7 billion agreement for Aabar to take over Arabtec.. Arabtec and Aabar Investments...
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Builders cut prices to win contracts
Dubai builders chasing contracts in Abu Dhabi are being forced to cut their prices to stay afloat as competition intensifies.. Dubai builders...
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KSA awards US $5.6b of contracts in Q1
KSA awarded contracts worth $5.57 billion for development projects in the Q1 of 2010. KSA awarded contracts worth $5.57 billion for development...
