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Drake wins $230 million Algeria contract

Dubai contractor Drake & Scull, which has shifted its focus to other regional markets after a slowdown in the UAE's property sector, has won a 845 million 

ME slow to accept green standards: expert

Construction companies in the Middle East are slow to adopt best practice green building standards because they perceive no immediate economic benefits 

SAP to invest $450 million for Mena growth

German software developer SAP plans to invest $450 million in the Mena region over the next four years as it seeks further growth beyond its mature home markets,

BRICS economies ‘to drive global trade’

BRICS (Brazil, Russia, India, China and South Africa) economies will play an increasingly dominant role in global trade and will be major drivers of the global economy 

ME carriers ‘flying high amid crisis’

A top Emirates executive has delivered a warning to Europe's struggling airlines that they could lose more business to booming Middle East carriers as they pay

$15 billion contracts likely in UAE this year

New research has revealed that 2012 will see $15.068 billion worth of contracts awarded in the United Arab Emirates (UAE), an increase of 26.57 per 

Dubai eyes 56.5m passengers after record Jan

Dubai International Airport's passenger traffic is expected to hit 56.5 million this year as it posted a record monthly passenger number of over 4.85 million in January.

Qatar Petroleum eyes Australia LNG units

Qatar Petroleum is considering investment in Australian liquefied natural gas (LNG) facilities and possibly buying 

Libya to amend bank law to attract foreigners

Libya is amending its banking laws to attract foreign investment and stimulate its private sector as it seeks to create an investor-friendly environment, the central 

Gulf GDP to grow over 4pc in 2012

The combined GDP of the GCC region, which controls over 40 per cent of the global crude wealth,  is expected to grow more than 4 per cent in 2012 with Qatar

ME firms upbeat on 2012 growth

More than two thirds (69 per cent) of the business leaders in the Middle East are confident about their company's revenue growth for 2012, according to a recent survey 

Confidence ‘returning to Cairo real estate market’

There is evidence of more clarity and increased activity in Cairo’s real estate market, with confidence returning 12 months after Egypt’s revolution, says a report.
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