3D building in Dubai
Dubai is constructing the world’s first fully functional 3D printed building as part of plans to become a global hub for innovation. The office...
Qatar World Cup 2022 development plan
The cost of construction materials in Qatar is likely to jump as the host nation intensifies infrastructure building ahead of the 2022 World Cup,...
SABIC-Korean joint venture
Saudi Basic Industries Corporation (SABIC) said it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Company to...
Mideast construction value hits $77m
The total value of disputes relating to major construction projects in Middle East increased significantly to $76.7 million in 2014 compared to the previous...
UAE tax laws
The United Arab Emirates, seeking to bolster state revenues, is likely to complete the drafting of laws introducing corporate tax and value-added tax in...
Sanabil purchased part of Virgin Mobile
Saudi Arabia-based Sanabil Investments has acquired a minority stake in Virgin Mobile Saudi Arabia, which is part-owned by British business mogul Richard Branson’s Virgin...
Inflation growth in the first quarter
Saudi Arabia’s economy accelerated in the first quarter of 2015, showing the world’s top oil exporter can cope with low energy prices, but growth...
Siemens wins UK wind power plant order
Siemens has clinched a major order from Dong Energy to construct an offshore wind power plant with a capacity of 580 MW in Britain.
As...
Prince Alwaleed to give entire fortune to charity
by Anil Bhoyrul: Saudi Arabia's Prince Al-Waleed on Wednesday pledged to donate his entire $32 billion fortune to philanthropy.
"It is a commitment without boundaries. A...
Greece in shock as banks shut
ATHENS: Greeks struggled to adjust to shuttered banks, closed cash machines and a climate of rumors and conspiracy theories on Monday as a breakdown...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...