Spanish company awarded contract in Saudi
Spanish Group Telvent won a contract from Saudi Oger to implement its traffic management solution on King Abdullah Road, the 6-km highway in Riyadh, reported Trade Arabia.
Construction
Raysut Cement buys UAE firm
Raysut Cement, Omans largest cement producer by market value, has said it will buy the UAEs Pioneer Cement Industries.
Positive predictions for Bahrain?s construction sector
Robust growth predictions and significant investment in infrastructure are boosting confidence in Bahrains construction sector, reports Global Arab Network.
First international developer awarded US$1bn deal on Sowwah Island
The First International developer has secured a high profile contract to develop sites on Sowwah Island in Abu Dhabi for US$1bn.
New US$220mn housing project to be built in Basra
US engineering firm World Solutions International (WSI) announced a US$220mn contract to build 2,500 housing units in the Iraqi city of Basra.
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