KSA says work underway on $3.9bn worth of development projects

Saudi Arabia’s government has said that it is working on $3.89 billion worth of development projects, including a new airport and an...

Analysis

Last Word: Getting your land to work for you

In the GCC, owning large pieces of land has traditionally been a means of safeguarding wealth for both governments and the private...

Consultant

Thomas & Adamson cautions of VAT cashflow issues if measures not taken

Zander Muego, partner, at project management and cost consultancy firm Thomas & Adamson has warned that proactive measures should be taken to...

Construction

VAT to encourage accountability in construction, experts say

Although concerns have been expressed about the impact the introduction of VAT could have on the construction industry, leading experts have told...

Construction

Gulf construction sees ‘dramatic’ decline in optimism

The Gulf construction industry is significantly less optimistic about the year ahead compared with 12 months ago, as economic and geopolitical factors...

Construction

Arabtec, DSI have GCC’s largest order backlog at the end of Q3 2014

UAE’s Arabtec and Drake & Scull have the largest order backlog in the GCC region at the end of the third quarter...

Infrastructure

China to become GCC’s biggest export market

China on track to become biggest export market for GCC by 2020, says EIU reportDeveloping countries in Asia—particularly China and India—are rapidly...