Sunday 20 April 2014
 
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New UAE law to award 10pc contracts to SMEs

A new United Arab Emirates (UAE) legislation aims to boost the growth of small and medium-sized enterprises by  requiring 10 percent of future federal government contracts to be awarded to SMEs, the economy minister said on Sunday.

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DGCX to launch agricultural contracts

The Dubai Gold and Commodities Exchange (DGCX) is planning to launch agricultural commodities contracts in the first quarter of 2015, the bourse's chief executive officer said on Monday. "That's something we really wa

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DGCX, China’s DCE launch plastics futures

The Dubai Gold and Commodities Exchange (DGCX) and Dalian Commodity Exchange (DCE) today announced the simultaneous launch of their respective polypropylene futures contracts at the Middle East Plastics Seminar in Dubai. The concurrent

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DGCX, China’s DCE launch plastics futures

The Dubai Gold and Commodities Exchange (DGCX) and Dalian Commodity Exchange (DCE) today announced the simultaneous launch of their respective polypropylene futures contracts at the Middle East Plastics Seminar in Dubai. The concurrent

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Iran tempts investors with 'sweetened' oil deals

Iran has presented a new model for oil field development contracts, aiming to tempt back foreign energy companies, Iranian media reported. One change under the new integrated petroleum contract (IPC) will allow foreign contractors

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Egypt bars 3rd party challenge to contracts

Egypt's draft new investment law will contain provisions to prevent third parties from challenging contracts made between the government and an investor, a cabinet source said on Monday. The clause is intended to reassure inve

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$9.6bn projects launched in Saudi city

Several infrastructure and other projects with a total investment of SR36 billion ($9.6 billion) were launched today for the development of the city of Waad Alshamal in the Northern Borders Region of Saudi Arabia. A range of contr

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Marriages delayed by contract paper shortage

Many marriages have been delayed in Saudi Arabia because some local courts have run out of marriage contract papers, says a report in the Arab News. The report said some courts have not had these contracts for the past 40 days, fo

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$83bn projects to be completed this year in GCC

Construction projects worth $69.91 billion, across all building sectors, were completed in the GCC in 2013, according to a study. The research, conducted by Ventures ME and commissioned by dmg events, estimates projects worth 

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Qatar Railways awards $32bn in contracts

Qatar Railways Company (Qatar Rail), the firm overseeing the construction of the country’s integrated railway network, has awarded contracts worth more than $32 billion till now to speed up its integrated railways project, said a top offic

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