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$8bn Doha Metro phase 1 contracts awardedQatar Railways (Qatar Rail), the company overseeing the construction of the much-anticipated integrated railway network, has awarded four ‘design & build’ contracts worth QR30 billion ($8.23 billion) for phase 1 of the Doha Met More… |
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Saudi awards $13bn construction contracts in Q1Saudi Arabia has awarded SR49.1 billion ($13.1 billion) worth of construction contracts during the first quarter with the lion's share going to the healthcare and petrochemical sectors, said a report. These projects indicate t More… |
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Drake wins Saudi, UAE contracts worth $180mDrake & Scull International (DSI), a leading engineering and construction company, has been awarded a set of contracts collectively worth Dh663 million ($180.million) for three government complexes Saudi Arabia and the UAE. DS More… |
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DGCX first quarter volumes double, top 3mMarch volumes on the Dubai Gold and Commodities Exchange (DGCX) almost doubled from last year, pushing first quarter contract volumes past three million, marking an increase of 112 per cent from the same period last year. Volumes More… |
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Drake and Scull wins $100m new contractsContractor Drake & Scull International has been awarded contracts worth 369 million dirhams ($100.46 million) for the construction of three projects in Saudi Arabia and the UAE, it said on Tuesday. More… |
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DGCX sees record monthly volume in FebThe Dubai Gold and Commodities Exchange (DGCX), the region’s first derivatives exchange, has posted a monthly record of 1,157,340 contracts, valued at $44.16 billion, in February. The month also saw the highest ever average More… |
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Honeywell wins Borouge contracts worth $40mHoneywell has announced that it has been awarded four major contracts worth a combined $40 million over an 18-month duration for the Borouge petrochemicals complex in Ruwais, Abu Dhabi. Honeywell will be the main automation contra More… |
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GCC plans $32bn power, water projects in 2013A fresh flow of GCC construction contractor awards for new power and water projects are on the grid and expected to be worth $32.4 billion in 2013, according to the latest GCC Power and Desalination report from research firm Ventures Middle East More… |
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UK 'committed to strong GCC trade ties'The ambitious development plans which Gulf countries are rolling out represent a wealth of new investment opportunities for British businesses in emerging economic sectors across the region, said UK Prime Minister David Cameron. More… |
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GCC projects market 'to be flat this year'The GCC projects market is experiencing a tough period now with this year predicted to be a flat one for the sector, according to a new report. This follows a poor 2011 when a total of $130 bill More… |
