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 ...

As reported Arabianbusiness, according to the latest data published by STR Global, a total of 119 hotels are predicted to be built in the Middle East/ Africa region this year. Year-to-date, 50 hotels have opened in the region supplying a further 9,66...