Buildings
US chain inks pact with Sasco for budget hotels in kingdom
- Details
US-based Wyndham Hotel Group has signed a franchise agreement with Saudi Automotive Services Company (Sasco) to develop 20 budget hotels in Saudi Arabia over the next five years
Work scheduled to start on residential construction project in Iraq
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Construction will start in Q4 2012 on a US$98 million housing project in Simawah, Iraq, which will provide housing for 7,000 people
Opening of Qatar-financed Shard Tower in London delayed
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The opening of London?s Shard Tower, which has been primarily financed by Qatari investors, has been delayed by two months until after the 2012 Olympics Games have taken place
Saudi Arabian cement companies expanding to meet huge demand
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Saudi Arabia?s plan to invest more than US$208 billion on infrastructure and transportation projects is set to benefit cement companies across the kingdom
Oman awards MEP contracts to Drake and Scull
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Drake and Scull International (DSI) has been awarded a series of MEP (Mechanical, Electrical and Plumbing) contracts in Oman, worth US$26.13 million
- Orascom Construction secures US$100 million loan from IFC
- Al-Suwaiket inaugurates Eastern Province's tallest tower
- Hanwha Group signs US$7.75 billion housing contract in Iraq
- Hyundai wins building contract for US$1.5 billion aluminium refinery in Saudi Arabia
- Opportunities in the GCC construction market valued at US$500 billion by Deloitte
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