Lafarge Emirates Cement opened its first distribution centre in the region, in cooperation with Al Saeed AL Zaabi General Trading.
Construction
Saudi signs road contracts worth US$630mn
The Saudi government signed contracts worth US$630mn with national companies to work on road projects across the kingdom.
Financing announced for Baghdad metro plan
A five-year project for French engineering group Alstom to build an above-ground urban metro line in Baghdad will cost US$1.5 billion and be funded by the French government and banks, Iraqi officials said.
Housing sector in Egypt faces 'lost year'
Housing projects in Egypt could see delays in delivery to clients and even face cancellations due to impact of the recent revolution in Egypt, according to a report by Jones Lang LaSalle.
Dubai to finance new road infrastructure projects
Dubai has hired four local and international banks to raise US$800mn by securitising Salik road toll receipts and will use the proceeds to fund infrastructure projects according to a recent government statement.