The industrial city would have factories to manufacture various products, including food and cars. (Image source: Cycling man/Flickr)
A consortium of Saudi Arabia and UAE companies has expressed interest in setting up a giant industrial city in the Suez region of Egypt at an investment of US$3bn
Orascom also won a contract worth US$20mn to manufacture and supply all structural steel for a West Nile Delta gas project in Egypt. (Image source: Hans/Pixabay)
Orascom Construction has won US$200mn worth of building contracts in Algeria and Egypt, Reuters has reported
Bahrains housing minister said the country?s plans are not yet affected by the decrease in oil prices. (Image source: cegoh/Pixabay)
Bahrain has planned to build 25,000 housing units in the next four years
Kuwait is planning to set up major housing projects like Sabah Al-Ahmad City and Nawaf Al-Ahmad City, along with about 270,000 housing units. (Image source: Asif Akbar/sx.hu)
The Gulf authorities plan to adopt the Smart Cities plan as part of the new housing projects being implemented in the GCC countries, according to an official
Prices of raw materials that are used for residential buildings and non-residential buildings declined last year. (Image source: Ryan Lackey/Flickr)
The indicator for construction costs in Dubai for 2015 was 100.60, down 0.37 per cent compared to 2014, according to a new report by the Dubai Statistics Centre (DSC)
