Orascom Construction has won US$200mn worth of building contracts in Algeria and Egypt, Reuters has reported
Buildings
Bahrain to build 25,000 housing units by 2020
Bahrain has planned to build 25,000 housing units in the next four years
GCC plans to build smart cities
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
Dubai witnesses drop in construction costs last year
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)
Oman?s first integrated city to open in two years
Oman?s first integrated light industries city, which will be developed by Sandan Development at a cost of US$260mn, is expected to be complete in the middle of 2018, catering to automotive and construction sectors