Construction

STFA awarded road project in Oman

Sezai Turkes-Feyzi Akkaya (STFA), a Turkish construction company, was awarded a major road construction contract worth US$305mn in Oman.

Saudi sees construction contracts soar in second quarter of 2011

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

Qatars construction market has exhibited steady quarter-on-quarter growth in the first half of this year, reports from Qatars Statistics Authority show.

MAF Properties embarks on Syrian project

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

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 worlds tallest tower in Jeddah.