Construction of gas pipeline "South Stream" begins at the 'Russkaya' compressor station site near Anapa. The 900 kilometer long and maximum 2 kilometer deep "South Stream" will carry Russian gas to southern Europe through the Black Sea. South Stream...

Spain plans to offer foreigners residency permits if they buy houses worth more than 160 thousand euros - to try and reduce the country's bloated stock of unsold homes. Spain currently has more than 700 thousand unsold houses following the collapse o...

Nearly 43 percent of all construction projects in the Arabian Gulf region are on hold as the fallout from the global economic downturn continues to bite.

New figures from Middle East property intelligence website BNC Network show that ...

Designed to house up to half a million people, China's largest new "satellite city" project, the city Kilamba in Africa remains a ghost town due to high living costs and failed access to bank credit, reported The CNN.

Perched in an iso...

After Azerbaijan and Turkey signed an inter-governmental agreement in Istanbul on construction of Trans Anatolian Pipeline (TANAP) on June 26, Georgia started talking about another Nabucco rival project. According to local mass media, Minister of Fo...