The International Finance Corp (IFC), a member of the World Bank Group, and Islamic Development Bank (IDB) jointly plan to invest up to $100 million on major infrastructure projects across the Middle East and North Africa, IFC said on Monday.
April 17, 2012 9:29
The Saudi unit of Dubai contractor Drake & Scull has signed a 352 million dirhams ($95.8 million) deal to build a commercial development project in Riyadh, the company said in a statement on Tuesday.
December 6, 2011 10:33
The GCC sees its biggest bond issue this year with Qatar raising $5 billion, proving that the country remains an investment safe haven. Bonds will likely go to infrastructure projects.
November 30, 2011 2:57
Loan to serve projects in the next 5 to 6 years; SEC adding around 13,000 MW from 2012-2016
June 14, 2011 4:06