Saudi Investment Fund announces the largest bookbuild offering in MENA
PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.
The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...
The UK’s construction industry adapts to new post-Covid-19 regulations
Today reinforced its ‘business as usual’ message, as builders across the UK return to work. On...
COVID-19 pandemic accelerates construction job cuts in the Gulf
Lay-offs and redundancy activity has accelerated in the Middle East’s construction sector as it contends with...
COVID-19 will cause North America construction output to fall by $122.4bn in 2020
Amid the rapid decline in demand for new projects and safety regulations...
How Coronavirus will reshape UAE construction
The UAE’s construction sector has been indirectly affected by some of the social distancing measures that have been implemented...
Construction in Peru set to reach US $36.6bn in 2023
The Peruvian construction industry’s output value was estimated to be US$28.7bn in 2018. This is...
 Palestine: The Construction Cost Index announced
Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI)...
Business ties
France & the Middle East
by Franco-Arab Chamber of Commerce – Paris
One of Middle East Business› objectives is to encourage investment in the region....