Arabtec restarts work on Qatar’s Al Wa’ab City

Work on Al Wa’ab City, one of the largest privately owned real estate developments in Qatar, has been restarted with the announcement that main contractor Arabtec began...

Construction

Third Heathrow runway is ‘necessary’

[caption id="attachment_12153" align="aligncenter" width="414"] Qatar Airways' CEO has called on Heathrow to build a third runway as a matter of necessity.[/caption] RELATED...

Construction

Energy resources creating megacities

A report published by the UN has predicted that the number of ‘megacities’ in today’s ‘developing world’ will rise to 29 by...

Construction

HLG wins $74m healthcare contract

Habtoor Leighton Group, operating as Leighton Middle East Contracting, has been awarded a second healthcare contract in Saudi Arabia, worth $74m, at...

Construction

KFAED provides $273m to Bahrain

The Kuwait Fund for Arab Economic Development (KFAED) announced on Thursday that had signed an initial agreement to provide $273m in funds...

Construction

ADFD finances $10m Ethiopian road

[caption id="attachment_11784" align="aligncenter" width="453"] ADFD will finance the building of a $10m road in Ethiopia as it bids to encourage growth...

Analysis

Positive Outlook for Islamic Project Financing

Globally, Islamic banking assets are said to be growing twice as fast as conventional banking assets and are expected to reach...

Construction

‘Clever’ Phase II for Dubai

A partner with Turkish firm Tabanlioglu – the architects behind Crystal Towers at Dubai’s JBR – has said that ‘Dubai phase II’...

Analysis

A little magic

[caption id="attachment_11511" align="aligncenter" width="400"] A to scale model of the new version of JBR, as seen at Cityscape 2012.[/caption] Around two weeks...

Construction

Iraq signs MoU with Emaar

[caption id="attachment_11505" align="aligncenter" width="434"] Emaar will work with the Iraq Ministry of Construction and Housing to develop residential, commercial and tourism projects.[/caption]...