Buildings

Qatari Diar enters US property market

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Qatari Diar property arm, Qatar's sovereign wealth fund, has announced its first venture in the US with the company agreeing to finance the construction of CityCenterDC in Washington.

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Doha Festival City project begins

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Construction on the US$1.6 billion Doha Festival City officially started at the beginning of this month following the appointment of the project's managers, architects and engineers.

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Doosan to build 'largest' desalination plant

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The Saudi Saline Water Conversion Corporation (SWCC) has awarded a contract to Doosan Heavy Industries & Construction to co-build what has been touted as the world's largest single multi-effect distillation (MED) desalination unit.

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The Middle East to spend US$4.3 trillion on construction sector by 2020

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The construction industry in the Middle East and North Africa (MENA) region is forecast to spend US$4.3 trillion over the next decade, according to a new report.

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Abu Dhabi to be the main driver of for UAE's construction industry

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UAE construction industry will see moderate growth this year, mainly driven by Abu Dhabi, after the negative impact of the global economic downturn which burst Dubai's property bubble and badly affected its booming construction sector.

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