INDVSTRVSAugust 1, 2017Islamic Development Bank’s (IsDB) Board of Executive Directors (BED) recently gave finance approval to member and non-member countries for various high-profile infrastructure development projects to help reduce poverty and accelerate job creation opportunities in the MENA region.
INDVSTRVSJuly 27, 2017Turkey is reaping benefits from the current infrastructure spending boom in the Middle East, driven in large part by Saudi Arabia. One mega-project is the Bus Rapid Transit (BRT) project bagged by Turkish powerhouse, Yuksel.
INDVSTRVSJuly 26, 2017London-based firm BMI Research claims that Saudi will need to double its infrastructure investment to meet the Saudi Vision 2030 mega-projects target. To achieve this, investment will double by 2025 to AUD 130 billion.
INDVSTRVSMay 25, 2017Relations between the U.S and Saudi Arabia takes a positive turn after President Trump kick started his tour of the Middle East with his first official visit arriving in Saudi Arabia in May 2017. The Saudi Arabia Sovereign Wealth Fund will be investing in President Trump’s infrastructure plan to a tune of AUD 53 billion, of which half the money will be contributed by Blackstone, the US-based real estate-focused private equity giant.
