Bahrain?s Gulf Finance House (GFH) has signed an agreement with Tunisia to build a US$3bn financial and real estate development park in the North African country
Construction
L&T wins road contract in Oman
Engineering and construction firm Larsen & Toubro (L&T) has announced that it has won a US$25mn contract for the construction of a road between Bidbid and Sur in northeast Oman
New joint venture firm to aid infrastructure projects in Saudi Arabia
A new joint venture firm, owned by Abdulaziz Alsaghyir Holding Company and Abdul Mohsen Al Hokair Trading Group, has earmarked US$1.33bn for investment in infrastructure projects and services in Saudi Arabia
RTA awards contract to develop Jumeirah Corniche in Dubai
Dubai?s Roads and Transport Authority (RTA) has announced that it has awarded a US$27.2mn construction contract to an unnamed company for the Jumeirah Corniche
Qatar awards deals for second World Cup stadium
The Qatar 2022 Supreme Committee has announced consulting and engineering firms Aecom and Ramboll will deliver the new Al Rayyan Stadium for the 2022 FIFA World Cup