Buildings
Orascom Q2 profits up 15 per cent despite Egypt unrest
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Egypt's Orascom Construction (OCI) posted a 15 per cent rise in second-quarter net profits and said it expected orders to grow this year as governments in the Middle East try to create more jobs by boosting infrastructure spending.
Saudi sees construction contracts soar in second quarter of 2011
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The Saudi Arabia?s Construction Contracts Index (CCI) has shown that the Kingdom?s construction sector saw awarded contracts increase by 43 per cent increase over the second quarter of 2010.
Qatar defies construction slowdown
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Qatar's construction market has exhibited steady quarter-on-quarter growth in the first half of this year, reports from Qatar's Statistics Authority show.
MAF Properties embarks on Syrian project
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Majid Al Futtaim (MAF) Properties said it began work on its US$1 billion mixed-use project in Syria despite the current unrest in the country.
Saudi Binladen Group awarded contract for world?s tallest tower in Jeddah
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Kingdom Holding Co. (KHC) announced that associate firm Jeddah Economic Co. has signed a US$1.2 billion deal with the Saudi Binladen Group to build the world's tallest tower in Jeddah.
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