Real Estate & Construction

19-12-2010
The Libyan government has agreed to fund 78% of the investment required for a housing project to be located in Al Fatih city, outside of Cairo, Reuters reported.
19-12-2010
Concrete works for the Housing and Infrastructure Board’s (HIB) 5,000 housing units in the Al Khadra area of Benghazi have been finished, making the project 40% complete, Al Shams reported.
21-11-2010
Maltese real estate investment firm International Hotel Investments (IHI) has taken a 25% stake in Tripoli’s Medina Tower Joint Stock Company.
14-11-2010
The Al Libya Al Qataria company says it has started work on its LD250m ($200m) Waterfront development in the Janzour district of Tripoli.
12-08-2010
Abu Dhabi property developer Al Maabar has shortlisted five companies to build the first phase of a $750m mixed-use development in Tripoli, according to The National, an Abu Dhabi-based newspaper.
12-08-2010
The government will build a further 12,000 housing units for the city of Benghazi, bringing the total number of units under construction to 42,000, according to the Quryna newspaper.
05-08-2010
The developer of the Gaddafi Tower, the Al Watissimo Charity Foundation, has entered into a memorandum of understanding with the Malaysian construction firm, NSCB Engineering Sdn Bhd.
10-01-2010
Construction will begin in January 2010 on a new $5bn economic zone designed as a based for energy companies.