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
Memorandum of Understanding to enable Etisalat to share railway infrastructure; Etisalat to offer latest information communication and technology (ICT) solutions for Etihad Rail and its customers
April 12, 2011 12:29
A forecast of six real estate trends in Saudi Arabia for 2011 reminds Kipp of a Kevin Costner where unknown forces urged him to build a baseball field that will attract other-worldly players.
March 28, 2011 4:38
Infrastructure investments are on the right track – literally.
June 29, 2010 3:18
The UAE is getting there when it comes to infrastructure, but it still needs to remember the basics, says Sam Potter.
June 22, 2010 1:42
Millions of tourists each year overlook shortcomings in the infrastructure of countries such as Lebanon. Business can’t afford to be so nonchalant, says Katherine Azmeh.
June 13, 2010 12:04
Kingdom plans to spend more than $400 billion on roads, hospitals and other projects in the next few years.
April 25, 2010 3:57
Ras Al Khaimah has said that it is planning to spend heavily on improving infrastructure. The move may provide a big boost to RAK’s strained property sector.
February 17, 2010 4:58
“Financial crisis? $3.5bn residential project unveiled in Qatar” reads the headline of an article on The Peninsula. Here’s why.
November 24, 2008 1:39