Saudi Arabia Allocated USD 266 mn on Infrastructure Projects

Saudi Arabia is currently developing infrastructure projects in areas of Thadiq and Huraymila at a total investment cost of USD 266 million

GE wins USD 1.4 bn power project contracts, Iraq

General Electric (GE) has secured more than USD 1.4 bn from Iraq’s Ministry of Electricity to set up power plants as well as provide technology upgrades and maintenance services

Kuwait to spend USD 15.6 bn on infrastructure

Kuwait is set to spend about USD 15.6bn on infrastructure and other projects in FY 2017/2018, Trade Arabia reported

Fayoum Pays Eight Contractors for Infrastructure Projects

The Fayoum governorate paid EGP 72.5 million as late costs to eight contractors for executing infrastructure projects within the governorate expected to launch next March.

Arab Contractors to Develop Infrastructure Projects in New Capital and Suez Gulf

Arab Contractors is to construct roads in the new Administrative Capital at a total investment cost of EGP 1.1 bn, company Chairman Mohsen Salah told Amwal El Ghad

Over 2,000 Housing Units to be Constructed in New Akhmeem

New Akhmeem City will be witnessing the implementation of 2,600 housing unit in as part of the first phase of Dar Misr project for middle income housing in the city, at a cost of EGP 300 mn, according to Hossam Fathy ...

Nasr Contracting Wins Tender for 180 Acres in New Nubaria

The New Urban Communities Authority (NUCA) assigned tender for a facilities project that is set to be built on 180 acres in New Nubaria City to Nasr General Contracting Company (NGGC) at a cost of EGP 45 mn.

Madbouly Follows up on Construction Updates Across the Country

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly is following on current projects constructed in the new cities and on updates in Sheikh Zayed, according to a released statement, Invest-Gate reports

Oman Secures AFESD Loan

The government of Oman has signed two loan agreements over $357 mn with the Arab Fund for Economic and Social Development (AFESD) to finance infrastructure projects, reported Trade Arabia

Kuwait’s New Causeway Underway

Nearly 70% of the construction works on the new Sheikh Jaber Al Ahmad Al Sabah Causeway are completed, keeping the project on track for its November 2018 opening, reported Al Bawaba

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