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EBRD offers €147.5m funding for hospital project in Turkey

The European Bank for Reconstruction and Development (EBRD) has provided funding for the development of a €318m hospital in Konya, in the central Anatolian region of Turkey.

Nakheel, RIU sign JV for new Dubai hotel

Dubai developer Nakheel has signed a joint venture agreement with RIU Hotels & Resorts to develop a $170m hotel at Nakheel's Deira Islands master development.

Majid Al Futtaim to invest $3.7bn to develop two malls in Riyadh

Majid Al Futtaim has unveiled plans to invest SAR14bn ($3.7bn) to develop two malls in Riyadh, Saudi Arabia.

Maire Tecnimont wins $180m contract for polyethylene plant in Azerbaijan

Maire Tecnimont’s subsidiaries Tecnimont and KT-Kinetics Technology have won an EPC contract worth $180m from Socar Polymer for a new polyethylene plant in Azerbaijan.