Work scheduled to start on residential construction project in Iraq
Construction will start in Q4 2012 on a US$98 million housing project in Simawah, Iraq, which will provide housing for 7,000 people
Construction
Opening of Qatar-financed Shard Tower in London delayed
The opening of London?s Shard Tower, which has been primarily financed by Qatari investors, has been delayed by two months until after the 2012 Olympics Games have taken place
Saudi Arabian cement companies expanding to meet huge demand
Saudi Arabia?s plan to invest more than US$208 billion on infrastructure and transportation projects is set to benefit cement companies across the kingdom
Oman awards MEP contracts to Drake and Scull
DSI will oversee the complete mechanical, electrical and plumbing works. (Image source: DSI)
Drake and Scull International (DSI) has been awarded a series of MEP (Mechanical, Electrical and Plumbing) contracts in Oman, worth US$26.13 million
Orascom Construction secures US$100 million loan from IFC
The loan is expected to help the company expand its operations. (Image: Green Prophet1/Flickr)
Egypts Orascom Construction (OC) has been granted a US$100 million loan from the International Finance Corporation (IFC)
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