Saudi Aramco is considering to build a new industrial city in the south of al-Ahsa district in the Eastern Province, as authorities seek to expand the kingdom?s industrial base
Construction
UAE and India to set up US$75bn infrastructure fund
The UAE has agreed to enhance its investments in India to US$75bn including through a dedicated infrastructure fund, while the two nations will also raise bilateral trade by 60 per cent in the next five years
Kuwait approves slew of projects in run-up to The Big 5
The government of Kuwait has approved the construction of a series of power plants, desalination facilities and other infrastructure projects worth a total of almost US$10bn, the Finance Ministry said
Konecranes merges with Terex to form new company
Finland-based equipment manufacturer Konecranes has merged with USA?s Terex to create a global lifting and materials handling solutions company called Konecranes Terex Plc
UAE hands over completed projects to Egypt
The UAE government has handed over projects to Egypt in sectors such as health, education, transport and infrastructure