Construction work has officially begun on the first phase of the US$7 billion New Doha Port in Mesaieed, with the foundation stone being laid by Shaikh Tamim Bin Hamad Al Thani, Crown Prince of Qatar.

Saudi Arabia hassigned 16 contracts worth more than US$600mn for the construction of 969 km of roads in various parts of the Kingdom.

Orascom Construction Industries (OCI), said that its 50 per cent owned Besix Group won a US$519mn joint venture contract with Al-Muhaidib Contracting Co. in Saudi Arabia for the design and construction of the King Abdullah Sports City development near Jeddah.

Dubai Cranes and Technical Services Ltd, a subsidiary of Dubai Investments has partnered with Street Crane to leverage the growing demand and undertake more complex infrastructure projects in the region

A report by Citigroup revealed that the UAE accounted for 56 per cent of the total cancelled and delayed projects for the main regional markets in August.