Oil giant Saudi Aramco has shortlisted four companies to help it manage non-oil construction projects, according to a news report
Construction
Doosan Bobcat delivers first mini-excavators in Oman
Doosan Bobcat has delivered 20 new Bobcat E20 compact excavators supplied by International Heavy Equipment LLC (IHE) to Oman National Engineering & Investment Co. (SAOG), touted to be first mini-excavators sold in the Sultanate
New Saudi Arabian-Egyptian firm to build US$1bn steel complex
Egyptian Suez Canal Authority (SCA) has signed a US$1bn partnership deal with a Saudi Arabian company to establish iron and steel factory in Ain Sukhna
Dubai begins work on world?s tallest tower, overtaking the Burj Khalifa
Dubai has began construction work on a tower that will stand higher than its Burj Khalifa, which is currently the worlds tallest skyscraper
Egypt gets US$500mn from World Bank for development
The World Bank will loan US$500mn to Egypt to help it improve its infrastructure and the delivery of services