Construction MENA Edition
Latest News
Iraq extends bid deadline for construction of Mosul oil refinery- ministry
Bidding documents provide for two investment models – build-own-operate (BOO) and build-operate-transfer (BOOT).
Manazel Real Estate announces co-development agreements
Manazel Real Estate co-development agreement with Tasameem Real Estate to develop three new projects in Yas Island.
New Muscat terminal to boost Oman Air's expansion plans
New facility boasts 6,000sqm of duty free shopping, 96 check-in counters, 8,000 parking spaces and 90-room hotel
Dubai Municipality forms committee for developing residential neighbourhoods
The committee will look into the improvement of the municipality's service.
Egypt ports to remain open 24 hours to cut down on wait times- minister
The extended port hours will not come at any added cost for shippers.
Canada's SNC-Lavalin wins Saudi Aramco contract
Deal signed to install added facilities for a major gas processing plant in Saudi Arabia
Warner Bros' $1bln theme park in Abu Dhabi to open in July
Oil-rich Abu Dhabi is investing billions of dollars in tourism, industry and infrastructure to diversify its economy away from oil.
Dubai Land Department uses Artificial Intelligence to verify ‘Ejari’ contracts
AI will be used to correctly match contract signatures with those in the department’s database.
Saudi Binladin receives multi-billion dollar government loans- sources
The money will be used to prioritise work on projects deemed key to the government, as well as to pay staff and creditors.
Dubai Land Department cooperates with Emirates NBD for instalment plans
Emirates NBD to offer customers installment plans on its services without any fees.
Insights
Development bank EBRD eyes Africa for next wave of expansion
EBRD has been rapidly expanding over the last decade to operate in more than 30 countries from Morocco to Mongolia.
With trade war, U.S. and China stumble into the Thucydides Trap: Kemp
United States and China have fired the opening shots in a trade war that may be hard to stop.
New budget in Kuwait prioritises infrastructure spending
Much of the funding is expected to flow directly into the construction sector
