Eshraq Properties and Reem Investments pull out of merger

Eshraq Properties delayed merger with Reem Investments is off after the two companies failed to reach agreement on "commercial matters" relating to...

Consultant

Hogan Lovells and ZS&R Law Firm association opens for business in Saudi Arabia

International law firm Hogan Lovells and Riyadh-based ZS&R Law Firm say their newly formed association in Saudi Arabia will enable them to "provide...

Consultant

Dubai’s DWTC drops free-zone licencing fees by up to 70% to encourage FDI

According to a report by official UAE news agency WAM, the Dubai World Trade Centre (DWTC) has announced a 70% reduction on...

Construction

Haramain will carry 60mn passengers per year, says project’s head

The high-speed Haramain rail route between Makkah and Madinah is projected to transport 60 million passengers per year, Mohammed Abdulhafiz Fida, director general...

Construction

ADM calls on contractors to join OSHAD-SF to improve HSE standards

Abu Dhabi City Municipality (ADM) has urged companies operating in the building and construction sector to comply with the stipulations of the...

Construction

Egypt: Chinese-led consortium offered lowest price to build coal power station

Local Egyptian media has reported that a consortium comprising Egyptian contractor Hassan Allam Construction as well as Chinese companies Shanghai Electric and Dongfang...