Wednesday 8 July 2015

Mideast construction disputes value hits $77m

The total value of disputes relating to major construction projects in the Middle East increased significantly to $76.7 million in 2014 compared to the previous year, Arcadis, the global natural and built asset design and consultancy firm. This represents the highest value increa


Reef Island bids to settle row with developer

Bahrain's Reef Island Home Owners Union (HOU) has called for an urgent settlement of a dispute with the chairman of LuLu Tourism Company (LTC), the master developer of Reef island. LTC prevented a number of owners, investors and contracting companies from entering the island


Construction equipment market to hit $241bn by 2020

The global construction equipment market is expected to reach $240.97 billion over the next five years with a CAGR (compound annual growth rate) of 8.9 per cent, said a report. The construction equipment market includes heavy machinery such as loaders, cranes, forklifts, excavato


Drydocks World completes world’s largest turret

Drydocks World, a leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors, marked a major milestone with the successful completion of the world’s largest turret mooring system. At almost 100 m high, weighing more than 11,000 tonnes an


Qatar Rail gets certification for HSE standards

Qatar Railways Company, the firm which is overseeing the construction of the country’s integrated railway network, has been awarded a key ISO certification for occupational health and safety management systems. The Ohsas 18001:2007 was given following management systems aud


Iran steelmakers request import duty hikes

Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 per cent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China. China steel exports have risen nearly 30 per cent this


Modon signs deal to build logistics centre in Saudi Arabia

The Saudi Industrial Property Authority (Modon) has signed a deal with the International Dar Al Bandar Company (Arabic Landmark), to build an integrated 150,000-sq-m warehouse centre at Sudair City for Industry and Business, according to a report. The International Dar Al Bandar


Stricter laws to open up waste management market

Opportunities in the Asia-Pacific hazardous waste management market vary across the region as many countries continue to send most of their locally produced hazardous waste to non-sanitary landfills. While the challenge is vast, the market provides ample opportunities for market


Jotun unveils latest ‘Fenomastic My Home’ range

Leading paint manufacturer Jotun unveiled its latest ‘Fenomastic My Home’ paint, featuring three new theme with an array of colours. Certain to attract wide-ranging attention in Saudi Arabia, the additions to the existing Fenomastic offering are based on extensive res


Pearl Route homes in Bahrain may be revamped

Homes in historic neighbourhoods in Muharraq, Bahrain, could finally be redeveloped as part of a multi-million-dinar heritage scheme. They are located on the Pearl Route, which has been granted World Heritage Site status by the United Nations (UN), said a report in the Gulf D

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