The high volume of construction projects underway in Qatar in preparation for the 2022 FIFA World Cup has contributed to making it the most expensive country in which to build in the Middle East, according to the 2012 International Construction Costs Report
Construction
WCT Berhad wins Oman expressway contract
Construction company WCT Berhad has won a US$320mn contract from the Oman government to build a four-lane expressway in the country
AECOM awarded Abu Dhabi airport construction contract
AECOM Technology Corporation has been awarded a US$85mn construction management contract for the new Midfield Terminal Complex at Abu Dhabi International Airport
UAE US$311 million housing project underway
Construction of a 420 ha housing project will commence after Abu Dhabi?s General Services division Musanada, the National Transport and Construction Company (NTCC), and Al Dhabi Contraction Establishment (ADCE) signed a contract to build the Al Ghayathi Housing Project
Middle East cement sector posts rise in revenue
Cement companies in the Middle East witnessed a 24.3 per cent increase in revenue to US$1.26bn in Q1 2012, according to a Global Investment House report