Sisi Approves Joint Company Between DP World, SCZone Authority
Egyptian President Abdel-Fattah El Sisi is agreeing to establish a joint firm to carry out development projects in the Suez Canal Economic Zone, Egynews reports.
Prince Waleed Bin Talal, TMG Inject USD 800 mn into Egypt’s Hospitality Projects
Saudi Prince and business tycoon Waleed bin Talal is to inject investments worth USD 800 mn, in co-operation with Talaat Mostafa Group (TMG), into a number of hospitality projects in Egypt, Invest-Gate reports.
UAE’s Active Building Projects’ Value Rises to AED 836.8 bn
The total value of building projects underway in the UAE rose to AED 836.8 bn by the end of June, invest-Gate reports.
Saudi Arabia Invites Bids for Rail Projects
The Saudi Public Transit Authority is inviting international companies to express interest in public-private partnerships for the provision of passenger and cargo railway services, Reuters reports.
Musanada Announces 7 Infrastructure Projects Underway at Abu Dhabi East
Abu Dhabi General Services Company, Musanada, announces that work is progressing in seven infrastructure projects at the area of Abu Dhabi east, Invest-Gate reports.
Gov’t to Finalize EGP 6.436 bn Projects by Year-End
The Central Agency for Reconstruction is expected to complete new development projects by the end of December 2017, Invest-Gate reports.
Gov’t Implements Water, Sewage Projects Worth EGP 6.1 bn
Minister of Housing and Urban Development Mostafa Madbouly announces the operation and delivery of new water and sewage projects in 18 governorates, Invest-Gate reports.
Saudi Arabia Has USD 250 bn in the Pipeline
Saudi Arabia has over USD 250 bn worth of projects in the pipeline, with their main construction contracts are yet to be awarded, Invest-Gate reports.
