uwait’s construction sector is entering a new era of expansion. As the government pushes forward with its “Vision 2035” strategy and the private sector steps up investment, the industry is preparing for one of its most active phases in recent years. From ambitious infrastructure projects to new-city developments and industrial zones, the country’s construction ecosystem […]
MILAN, Jan 20 (Reuters) – Kuwaiti businessman Bader Nasser Al‑Kharafi said on Tuesday he had acquired a 3% stake in luxury yacht maker Ferretti (YACHT.MI), opens new tab, amid moves to reshape the Italian company’s shareholder base and board. The deal, made through his investment vehicle BNK Holding, is part of a “broader strategy to build […]
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📍 KuwaitUpdated: June 13, 2024Sector: Urban ConstructionIndustry: Mega Urban DevelopmentType: Mega Urban DevelopmentStage: Ongoing Description:The project involves the development of five islands namely, Boubyan, Failaka, Warba, Miskan, and Awha located off the eastern coast of Kuwait. The project includes an airport, a port, tourism resorts, hotels, amusement and sports facilities, shopping and business centers, wildlife […]
