Gulf's largest listed property developer continues work on $4.94bn Golf City project
Project involves building a four-lane conveyor system, six 25km stacker lines and an internal stockyard road network
Drastic fall in contract activity in Saudi Arabia as government struggles to process projects
Abu Dhabi Environment Agency tells developer to provide compensation for damaged areas
Improved access to funds has lifted sentiments of real estate investors in the country
Current combined production capacity is just under 3.6 million tonnes
Decision comes after study finds that Saudi roads revamp won't solve city's traffic problems
Bidding now scheduled to close in mid-September for the 400,000bpd facility
Kingdom's 2012 budget includes $9.4bn for transportation projects and roadworks
Company's three-fold strategy will focus on expansion as it looks to enter new sectors and countries