Industrial
Investment in the Kingdom’s burgeoning industrial sector is proving to be a win-win opportunity for both eager investors and the Saudi economy.
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Saudi Arabia’s commitment to delivering a world-class infrastructure is moving ahead at breakneck speed with road, rail, air and seaport projects jostling for space alongside groundbreaking power and energy initiatives.
RAK Ceramics, the world's largest ceramic tiles & bathware manufacturing company, has reaffirmed its strong presence in the European market following a successful showcase of its latest collections at the Castorama Fair 2011 in France.
Rents for the higher quality logistics facilities remain unchanged in the main logistics and industrial areas for the first half of 2011, and the two tier market is beginning to be separated by a greater divide according to research by Knight Frank.
According to a report by NCB Capital, Saudi Arabia’s largest investment lender, outlook for the Kingdom’s cement sector will remain strong for the remainder of 2011 with good demand growth and stable prices.
The UAE's steel production took control of the local market, increasing its market share to more than 70 per cent of the construction market, in view of increasing domestic productive capacity due to subsequent opening of new factories.
Saudi Arabia's largest manufacturer of building materials and a unit of Binladin Group, Construction Products Holding Company (CPC) is preparing to offer its shares to the public and is set to appoint lenders for the potential sale.
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Throughout the last quarter, Bahrain has continued a fragile recovery towards political stability after the period of anti-government hostilities witnessed in the first half of the year.
Quarter 3 is traditionally the quiet time of the year for the UAE, further enhanced this year by the coming together of the traditional leave month of August and the Holy month of Ramadan.
Now in its fifth year, the annual Macdonald & Company Middle East Rewards and Attitudes Survey is still the most comprehensive survey of its type undertaken for the property sector in the Middle East.