Arabtec has plans to set up a real estate development arm, which will look into infrastructure and residential projects in the UAE. (Image source: McKay Savage/Flickr)
Construction group Arabtec Holding has announced plans to raise US$136.1mn through a share issue to expand its mechanical, electrical, and plumbing (MEP) business, Emirates Falcon Electromechanical Company (EFECO)
The industrial city project in the Al Anbar Governorate will be developed by Iraqs SCIDC. (Image source: Ys/Flickr)
The government of Iraq has approved plans to construct a US$472mn industrial city in the Al Anbar Governorate, which will be dedicated to small and medium enterprises
SPAR plans to open three stores in Oman in 2014. (Image source: PostBox/Flickr)
Food-store retailer Spar International has partnered with Oman?s diversified business group Khimji Ramdas to open nine of its supermarkets in the sultanate by 2016
The Libyan HIB currently has a budget of US$36bn for construction of new homes, upgrading utility systems and other infrastructure developments in the country. (Image source: Wikimedia Commons)
US-based project management firm AECOM has won a US$209mn contract in Libya to act as lead manager for the government?s housing and infrastructure development programme in urban areas
The Atlantis hotel at the Palm Jumeirah, Dubai. (Image source: Christian van Elven/Flickr)
A unit of Dubai World has sold its Atlantis hotel situated in Palm Jumeirah to Investment Corporation of Dubai (ICD) for an undisclosed sum, to help the group with its debt repayments
