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GCC pumps $320bn into power sector

The total value of GCC power projects in the pipeline stands at more than $320 billion at present, of which over $100 billion are linked to renewable and alternative sources. Interest in renewable energy across the GCC has been on the rise due to the surging demand for electricity which is set to hit 100 GW within the next 10 years, stated Ventures Onsite, ...

Terex aims to forge closer bonds

Terex Cranes has set itself a goal of becoming the most responsive company in the ...

Sezad awards $219m contracts

Oman’s Special Economic Zone Authority in Duqm (Sezad) has awarded contracts worth ...

GCC rail spending hits $240bn

The total value of GCC railway projects in the pipeline stands at more than $240 billion, ...

Hansgrohe launches a huge success

Hansgrohe Middle East’s two recently launched products – Axor Montreux and ...





Record hotel openings on way

Saudi Arabia will see a record 68 new hotels and 29,033 hotel rooms open across its major cities in 2017, with Riyadh, Jeddah, Al Khobar and Makkah set to be the busiest areas for hospitality development. Major new hotels forecast to open this year include Assila Hotel Rocco Forte (Q1 2017), Time Qurayyat Hotel (Q2 2017), Nobu Hotel Riyadh (Q2 2017), ...

KAEC inks $426m contracts in 2016

King Abdullah Economic City (KAEC), the world’s largest privately-funded new city, ...

120,000 homes to be handed over

The Saudi government is to hand over 120,000 residences to its citizens across the kingdom ...

Advanced technology vital for Vision 2030

Advanced construction technology will be vital for delivering Saudi Vision 2030 ...

$1.2bn plant wins financial close

France’s Engie has achieved financial closing for the greenfield Fadhili independent ...





$3bn Expo deals to be awarded

The organisers of Expo 2020 Dubai will award 47 construction contracts worth Dh11 billion ($3 billion) in 2017 as preparations for the first World Expo in the Middle East, Africa and South Asia continue to gather pace.   Besides this, a further 98 non-construction contracts worth Dh360 million ($98 million) will also be distributed by the end of the ...

$1.4bn highway nears completion

Work on the Dh5.3-billion ($1.44 billion) Al Mafraq Al Ghweifat highway, which will link ...

Steel firm to double facilities at park

Al Shafar Steel Engineering (Assent) plans to double its facilities at Dubai Industrial ...

Italian-style tower launched

Arthur & Hardman has launched Milano by Giovanni Boutique Suites, a premium Italian ...

Madinat Al Arab work gets going

Nakheel is moving ahead with infrastructure work at Madinat Al Arab, a 522-hectare site ...





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