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Infrastructure and Property

Infrastructure and Property latest

Azizi Developments begins rollout of AED 75 billion hospitality investment with first five-star hotel in Dubai
March 10th, 2026 - 06:32 GMT

Azizi Developments begins rollout of AED 75 billion hospitality investment with first five-star hotel in Dubai

Azizi Developments, a leading private developer in the UAE, has laid the foundation for its first five-star hotel, marking the beginning of the rollout of its AED 75 billion hospitality investment plan that will further enrich Dubai’s world class tourism infrastructure. Located within the Azizi Riviera community in Mohammed Bin Rashid City, the five-star hotel is among ten hotel developments across various categories that are currently in design, development, or construction stages. These projects are being delivered through Azizi Developments’ in-house capabilities, leveraging the company’s integrated expertise across development, construction ...
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The report said that 91 percent of the 2 billion tons of rubble left by the war have been cleared. (AFP/File)
June 2nd, 2016 - 09:00 GMT

Gaza reconstruction: 60 percent funding shortfall in promised donations

Slated to be operational in 2020, the plant will create 2,000 jobs in the kingdom. (Shutterstock)
June 2nd, 2016 - 07:00 GMT

Saudi Arabia: Aramco partners with GE and Italy's Cividale for $400M manufacturing plant

The Dh2.1billion project comprises four lanes in both directions. (Shutterstock)
June 2nd, 2016 - 04:31 GMT

New Abu Dhabi-Dubai highway to open by end of 2016

Al Bawaba
May 31st, 2016 - 12:00 GMT

Proposed causeway would cut Saudi-Egypt travel time to 30 minutes

The LuLu group chairman announced that they have already invested SR1 billion in Saudi Arabia and intend to further invest SR800 million in the next two years. (YouTube)
May 30th, 2016 - 09:00 GMT

LuLu Group plans 12 more stores in Saudi Arabia by 2018

Investment in roads, infrastructure, water, sewage and desalination plants are being made thanks to Arab development fund grants. (Shutterstock)
May 30th, 2016 - 08:00 GMT

Egypt to establish $92M industrial zone in South Sinai

Shop rents have dropped from SR3,000 to SR500 per month. (File photo)
May 29th, 2016 - 09:00 GMT

Saudization of telecoms leads to 83 percent drop in shop rents

The development will include 2 square kilometres of residential units and create more than 200,000 jobs.  (Ventures on Site)
May 26th, 2016 - 05:00 GMT

Egypt: $3.6B Mountain View iCity to be built with Saudi partnership

Israel restricts the entry of goods into Gaza out of fears they will be used to build tunnels, but Gazans desperately need cement for reconstruction. (AFP/Said Khatib)
May 24th, 2016 - 07:16 GMT

Israel revokes ban on cement deliveries to Gaza

A total of $115 million has been allocated to complete the Jordan Gate project, of which 72 per cent is already finished. (Wikimedia Commons)
May 23rd, 2016 - 12:00 GMT

Construction on Amman's Jordan Gate towers to resume after eight-year halt

Last year, GE announced an investment of $100m in its research and manufacturing programmes in the kingdom. (Twitter)
May 23rd, 2016 - 11:45 GMT

Saudi Arabia: GE in $3B JV with SAIIC to support local manufacturing

Up to $200 billion is being spent on wider infrastructure required to host the World Cup. (Twitter)
May 23rd, 2016 - 09:28 GMT

Qatar World Cup stadium construction costs to hit $10B

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