A multi-billion-dollar development programme under way in Saudi Arabia is proving to be instrumental in helping the government achieve its long-term aim of widening the base of the national economy by heightening activity in the Kingdom’s capital markets.
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SAUDI Arabia is witnessing an upsurge in economy, which is all set to stay for many years to come. Billions of dollars have already been allocated for mega projects, such as airport expansions, railroad networks, new universities, health care facilities and many other infrastructure projects.
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As the waiting list for government-subsidised housing in Kuwait has grown to more than 100,000 in 2013, projects aimed at combating the shortage will see a number of new construction projects in the coming years.
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 The value of real estate transactions in the sultanate increased by nearly 60% year-on-year in the first five months of 2012, hitting $2.1bn in that period,
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 Qatari banks are bulking up to play a role in funding the country’s massive infrastructure expansion. But in a country which is already overbanked by some measures, they may risk becoming too big,
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 The total value of property transactions in Dubai have reached more than $22.6 billion in the first nine months of 2012,
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 Global property and consultancy agency reported that Middle East investors made up more than 15 percent of London’s super-prime real estate market from
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 For many years, one of the greatest challenges Egypt has faced has been providing housing for its growing, youthful population. Indeed, the lack of decent housing for those
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 The construction industry in Kuwait is poised for significant growth on the back of major government investment in infrastructure projects and social facilities, according to data published in August.
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 The construction sector will be operating in a new environment starting next year when building regulations mandating the use of eco-friendly best practices are due to be implemented.
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