Speedy invests $31m in Middle East since 2010

British equipment rental firm Speedy International has said it has invested a total of $31.3m in its Middle East operations since setting...

Construction

Gulf construction slowed down in H1 2012

The construction market in the Gulf region has slowed down 10% during the first six months of this year, compared with the...

Construction

Regional HVAC sector to grow by 10% YoY till 2015

The UK-based Building Services Research and Information Association has said the heating, ventilation and air conditioning (HVAC) sector in Saudi Arabia, Oman,...

Construction

Drake and Scull eyes more KSA construction projects

The Dubai-based construction company, Drake & Scull International (DSI), is eyeing more opportunities in the lucrative Saudi construction market, where experts estimate...

Construction

Saudi steel industry to grow by 9%: study

Saudi Arabia appears to be the top destination for steel firms as growth of production and appetite for steel remains strong, and...

Photos

Silicon Oasis launches P3 of LIU

Freezone technology park, Dubai Silicon Oasis, has launched phase three of the Light Industrial Units (LIU) A groundbreaking ceremony took place at...

Construction

KSA construction sector poised for 4.5% growth

Public sector spending from 2013 to 2017 will see Saudi Arabia’s construction sector grow 4.5%. Last year, contracts worth $71.2bn were awarded...

Construction

GCC is South Korea’s largest EPC market

The Gulf Cooperation Council is South Korea’s largest engineering, procurement and contracting market overseas, the head of the Middle East team at...