News
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RAKIA issues 491 business licences in Q1
Figures released by the Ras Al Khaimah Investment Authority (RAKIA) show the body has issued 491 new licenses in the first four...
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KSA companies face strict labour regulations
20% of all firms in “red” zone. Construction companies falling short of “acceptable” Saudisation targets in could be crippled by a landmark...
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Reem Investments announce “strong financial position”
US $68 million profit for last financial year . Abu Dhabi-based investment company Reem Investments PJSC, has announced profits of almost US...
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Emcor ME awarded FM company of the year
Recognition given for growth strategy and training. Emcor facilities services was awarded the facilities management company of the year 2011 at Middle...
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Volvo silver status awarded to FAMCO
Quality standards recognised at Shanghai Summit. Volvo dealer FAMCO, part of the Al-Futtaim group of companies, has been awarded a silver partnership...
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DSI collaboration wins new contracts
US $40 million projects announced with Passavant-Roediger . DSI subsidiary Drake and Scull Water and Power L.L.C (DSWP), has announced a number...
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Political unrest threatens Lebanese construction and property sectors
Directors of Lebanese construction and real estate companies fear the political unrest in the country will take its toll on their sectors...
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New policy threatens foreign workers in Saudi Arabia
Thousands of overseas labourers in Saudi Arabia may lose jobs after the Kingdom’s officials announced a new policy with a six-year work...
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Dedicated concrete show at The Big 5 2011
The Big 5, one of the region’s largest construction shows is to add a dedicated concrete show to its 2011 exhibition. ....
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Turkish chain Rixos Hotels launch Palm Jumeirah project
A five star hotel and residence project by luxury chain Rixos Hotels has been launched at Dubai’s Palm Jumeirah, with the...
