Housing and reconstruction projects by the Kurdistan Regional Government (KRG) in 2010 rose by 24 per cent with investment in the projects up by US$83mn.
Housing projects in KRG jumped in 2010
Buildings
Bahrain awards housing contracts
Three contracts worth US$38mn to build hundreds of housing units in Bahrain was awarded to Almoayyed Contracting Group (ACG).
Arabtec wins contracts in the UAE and Egypt worth US$267mn
Arabtec, the largest builder in the United Arab Emirates by market value, has won contracts valued at US$96.9mn to build an underground car park in Abu Dhabi and residential villas in Egypt.
Deloitte talks about its outlook for GCC construction sector in 2011
Technical Review Middle East (TRME) asked Cynthia Corby, Audit Partner at Deloitte in the Middle East, about her outlook for the construction sector in 2011 and the main findings from Deloitte?s GCC powers of construction 2010 report.
Suez Cement to shut operations in Cairo
Suez Cement, Egypts largest listed cement company, said it would shut down 14 production lines as part of an agreement with the government to relocate out of the capital to reduce pollution.
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