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Kurdistan to complete Dream City residential project by 2022

"This project comprises the construction of a comprehensive residential complex in the city of Dohuk, which incorporates some 6,800 housing units. It

West Alexandria sanitation plant expansion project to be offered to private sector by 2013-end

Egypt's ministry of utilities intends to offer by November 2013, the west Alexandria sanitation project for Public Private Partnership (PPP), at a cost of approximately EGP 3 billion, a senior executive told Zawya.

CBE issues guarantees worth USD2.5bn for Dairut electricity plant project

Egypt's ministry of electricity has received a series of official correspondences from CBE for the provision of guarantees valued at USD 2.5 billion for the Dairut electricity plant,an executive source at the ministry told Zawya.

Saudi Arabia's Mecca implements electricity projects valued at USD15bn

The Saudi province of Mecca is currently in the process of executing a series of electricity-related projects valued at a total of SAR 52.8 billion, an official source told Zawya.

Arabian Bemco to commence implementation of Riyadh Power Plant No.12 for SAR6bn

Arabian Bemco contracting company has recently completed the design phase for Riyadh Power Plant No.12 (PP12); with the execution phase currently under way, an official source told Zawya.

Egypt to offer first railway project by November 2013

"The project cost is yet to be determined, pending the completion of the feasibility and technical studies, which are expected to be concluded by August 2013," said Ater Hanoora, director of the PPP Central Unit at the Egyptian ministry of finance.

Will Moody's Zandi be next housing czar?

Mark Zandi, chief economist at Moody's Analytics, talks to CNBC's Steve Sedgwick about the US economy, the housing crisis and whether he could be the next man in charge of the Federal Housing Finance Agency. |

Gold will come under further pressure: Pro

Ric Deverell, managing director at Credit Suisse, tells CNBC that gold will come under further pressure today and there is no real support until you get down to about 1310. |

Egypt plans construction of phase I of new expo center

The minister of industry and foreign commerce has allocated a total area of 1000 acres for the new project at New Cairo; the first phase

Egypt's Ethylco to sign USD1.25bn loan this April

The Egyptian Company for Ethylene and Derivatives (Ethylco) is set to sign a syndicated loan valued at USD 1.25 billion this April, a bank official told Zawya.