UAE Central Bank budget reaches record levels in H1

The Central Bank of the UAE's public budget reached an all-time high of AED650bn (US $177bn) by the end of June 2023....

Financial

Dubai unveils $56bn budget for 2023-2025 fiscal cycle

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved Dubai's general budget for...

Construction

Saudi Arabia to spend $293m on major infrastructure projects across Kingdom

Saudi Arabia has announced plans to spend $293 million on major infrastructure projects across the kingdom, which will include the implementation of...

Interviews

Budget hotels an untapped market in the UAE

In 2013, 2- and 3-star hotels in Dubai registered higher occupancy rates than their 4- and 5-star counterparts. Big Project ME speaks to Laurent...

Construction

Qatar announces largest ever budget

[caption id="attachment_14723" align="aligncenter" width="448"] Qatar has unveiled its largest ever budget for the year 2013.[/caption] RELATED ARTICLES: British firms travel to Qatar in...

Construction

KFMC overshoots target budget

[caption id="attachment_11093" align="aligncenter" width="450"] The King Faisal Medical City is likely to overshoot its targeted budget of $1.1bn, officials say.[/caption] The first...

Construction

Causeway scoops awards hattrick

International construction IT supplier Causeway, has won three awards in the 2011 Construction Computing Awards. They picked up company of the year,...

Interviews

Redsky thinking

While the Middle East is home to some of the most extravagant and ambitious developments in the world, the processes behind the...

Construction

Dubai infrastructure receives AED 7.5b investment

Infrastructure projects in Dubai will receive “a significant” proportion of funding in the emirate’s recently announced 2011 budget. The allocation, announced in...