Qatari Diar property arm, Qatars sovereign wealth fund, has announced its first venture in the US with the company agreeing to finance the construction of CityCenterDC in Washington.
Qatari Diar enters US property market
Construction
Doha Festival City project begins
Construction on the US$1.6 billion Doha Festival City officially started at the beginning of this month following the appointment of the projects managers, architects and engineers.
Doosan to build 'largest' desalination plant
The Saudi Saline Water Conversion Corporation (SWCC) has awarded a contract to Doosan Heavy Industries & Construction to co-build what has been touted as the worlds largest single multi-effect distillation (MED) desalination unit.
The Middle East to spend US$4.3 trillion on construction sector by 2020
The construction industry in the Middle East and North Africa (MENA) region is forecast to spend US$4.3 trillion over the next decade, according to a new report.
Abu Dhabi to be the main driver of for UAE's construction industry
UAE construction industry will see moderate growth this year, mainly driven by Abu Dhabi, after the negative impact of the global economic downturn which burst Dubais property bubble and badly affected its booming construction sector.
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