Kipco to Launch Mixed-Use Project in Kuwait

The Kuwait Projects Company (Sipco) has launched construction on a real estate project called Hessah Al Mubarak, at a cost of $2.5 billion.

Bahrain Signs $395 M Worth of Housing Contracts

The Bahrain government signed contracts for the construction of new homes worth $395 million, expected to be funded by the Gulf Development Program.

Informal Houses in Kuwait to be Removed Within 4 Years

Makeshift houses in Sulaibiya and Taima in Kuwait are expected to be raised after the Public Authority for Housing Welfare amended law 36/2016 to prioritise the construction of low-cost housing,

Al Mazaya Posts 1.06% Profit Increase in H1 of 2016

Al Mazaya Holding, one of the leading Kuwaiti developers has announced a net profit increase worth 1.06%, in the first half (H1) of this year.

Elite Real Estate Exhibition To Be Held on July 19-23

The Elite Real Estate Exhibition (EREEX) is set to take place at the Cairo International Convention Center from July 19-23.

Egypt’s Moukhtar Ibrahim to Expand Regionally

Moukhtar Ibrahim, Egypt-based construction firm, plans to open two branches in Algeria and UAE, by the end of 2016, announced its chairman, Fayek El Banna.

Kuwait Finance House Finances 3,000 Homes in Bahrain

Top Kuwaiti Islamic lender, Kuwait Finance House announced the construction of over 3,000 homes in Deerat Aloyoun project, of its financing in Bahrain, Arabian Business reported.

Kuwait Government Awards KWD 288.1 M Contract to Salini Consortium

Global industrial group, Salini Impregilo, which specializes in construction and civil engineering, is leading a consortium that just won a KWD 288.1 million ($ 955 million) contract from Kuwait’s Public Authority fo ...

CSCEC Wins Education City Project Worth KWD 175 M in Kuwait

The Middle East unit of China State Construction Engineering Corporation (CSCEC) was awarded a management facility deal for the Kuwaiti education city project, Sabah Al Salem University City, worth KWD 175 million ($ ...

Kuwait Set to Sign KWD 302M Infrastructure Deal

The Kuwaiti Ministry of Public Housing will contract out KWD 302 million ($1 billion) to a partnership between Italian Contractor Salini Impregilo and Turkey’s Limak Construction for roads and infrastructure works on ...

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