01 December 2001

Lebanese Prime Minister Rafik Al Hariri has launched work on a $150 million Saudi-managed real estate project in Beirut.

The Marina Towers, a luxury apartment complex overlooking a new $170 million marina in central Beirut is aimed at rich Gulf nationals and Lebanese expatriates. The smallest 580-sq-m flat sells for $1.8 million. A 1,500-sq-m penthouse is more than $7 million.

Marina Towers will be built next to a 250-room Four-Seasons hotel owned by Saudi investor Prince Alwaleed bin Talal. The projects were jointly announced in 1998 and are finally going ahead.

• $150m Marina Towers launched
• $1bn more for airport project
• $3.18m expansion for Bahrain ministry
• Bid to pull plug on fake goods
• Big 5 gets bigger with $1.6m orders
• Cement-makers raise prices again
• Diary of Events
• Dutch firm takes Palm Island role
• Jasaf wins warehouse deal
• Material shortage delays maintenance
• Philips to light up sports arenas
• Pilkington to launch self-cleaning glass
• Contracts
• New Projects
• Update
• Seef Tower to open next year
• Steel portal offers Burj Al Arab stay
• Tarmac Quarry buys two Turbotracs
• YTong will set up $27m factory

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Regional News The Fairmont Dubai Bathrooms, Fittings & Water Heaters Insulation Dumptrucks Kuwait Transport & Materials Handling Construction in Makkah & Madinah Oman Environment Protection & Waste Disposal Scaffolding & Formwork Saudi Review Dubai Investments Building Contract Furnishing

Gulf Construction is the undisputed leading trade journal for the building and construction industries of Saudi Arabia and the other Gulf states. The magazine provides editorial coverage on a wide range of topics which are of interest to industry professionals. In addition, regular features highlight technological developments within specific industry fields. Launched 40 years ago, the magazine has established an enviable reputation as an authoritative, respected journal with unmatched coverage of the Gulf region. Gulf Construction is essential reading for anyone with a serious interest in the region’s building and construction industry.