JEDDAH – The total investment in Kuwait’s water sector between 2005 and 2014 stands at $5.28 billion, Kuwait Financial Centre (Markaz) said recently in its report on the country’s water sector. Highlighting the demand, supply and investment trends in the sector, the report noted that water treatment plants saw highest investment at $3.4 billion. In 2010 […]
Muscat – The proposed freight rail network linking Salalah port and Buraimi might bypass Muscat governorate as per a new plan proposed by the Ministry of Transport and Communications (MoTC). The new project consultant will look into this proposal,” said H E Dr Ahmed bin Mohammed bin Salim al Futaisi, Ministry of Transport and Communications […]
Water and Electricity Minister Abdullah bin Abdulrahman Al-Hossein has recently signed 22 contracts for the implementation of water and sanitation projects in different parts of the Kingdom at an overall cost of SR394 million. Saudi Arabia falls under the category of countries with water scarcity problems and several water and sanitation projects are under progress […]
JEDDAH – Strong economic and demographic growth associated with rapid urbanization has led to an increase in energy demand to meet rising electricity and desalinated water needs in the Middle East and North Africa (MENA) region, the International Renewable Energy Agency (IRENA) and Renewable Energy Policy Network for the 21st Century (REN21) said in their […]
The Ministry of Housing signed contracts worth SR4 billion on Sunday to develop eight residential districts in different parts of the Kingdom to build around 40,000 homes. Housing Minister Shuwaish Al-Duwaihi said 26 million square meters of plots would be developed in Jeddah (1/2), Madinah, Dammam (North and South), Al-Ahsa, Qatif, Tabuk and Al-Kharj under […]
While the contractors working on the Riyadh and Doha metros may be facing unknown risks, the benefits make them worthwhile Construction is very different from manufacturing. Instead of striving for perfection through repetition, it involves a team of people who have never worked together before making something that has never been built before. Construction is inherently […]
New projects worth more than SR300 billion are being implemented in Makkah to improve services being rendered to millions of pilgrims who come for Haj and Umrah, said Makkah Gov. Prince Khaled Al-Faisal. He said the new development projects in Makkah, including largest expansion of the Grand Mosque, were not aimed at making any financial […]
Muscat: The Oman government is looking at revamping its fuel subsidy, which may result in changes in the retail prices of petrol and diesel in the near future. However, no decision has been taken so far. According to news reports reaching here, the Minister Responsible for Financial Affairs, Darwish bin Ismail Al Balushi, yesterday said […]
The Middle East has seen a surge in metro project contracts over the past year as governments realize the benefits of mass transit in supporting their public transportation initiatives and carbon reduction program. Since the Dubai Metro was launched in 2009, countries such as Saudi Arabia, Qatar, Kuwait, Egypt and Algeria have also stepped up […]
The Gulf state is no longer looking to ramp up petrochemical production slowly, but rather to add a massive amount of capacity within a short timeframe Qatar’s petrochemicals industry has earned a reputation for delivering high-quality products to the global market. This has been achieved by slowly ramping up production and ensuring the quality of […]