Wednesday 27 July 2016
 
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Global firms in race to manage Saudi projects

Several international companies have submitted bids for a consultancy contract to manage Saudi Arabia’s National Project Management Office, part of an effort to keep state spending under control, a report said. The companies

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Most major conventional oil projects at risk at $50 oil price: WoodMac

Most major conventional oil projects are at risk of cancellation or deferral if global prices remain at $50 a barrel, consultancy Wood Mackenzie said in a report.   Global upstream and exploration spending has al

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CMS names Middle East projects chief

CMS, a leading provider of legal and tax services, has appointed Amir Kordvani to head its Middle East projects team. In his new role, Kordvani will also supervise the launch of the firm’s Iran Desk in Dubai, splitting his t

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CMS names Middle East projects chief

CMS, a leading provider of legal and tax services, has appointed Amir Kordvani to head its Middle East projects team. In his new role, Kordvani will also supervise the launch of the firm’s Iran Desk in Dubai, splitting his t

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Big oil’s $45bn new projects signal spending revival

Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.

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GCC to pump $100bn into airport construction projects

With the International Air Transport Association projecting Middle East passengers to grow by 4.9 per cent per year to 2034, the GCC is fuelling $100 billion in airport expansion and construction projects in Bahrain, Saudi Arabia, Kuwait, Oman,

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GCC to pump $100bn into airport construction projects

With the International Air Transport Association projecting Middle East passengers to grow by 4.9 per cent per year to 2034, the GCC is fuelling $100 billion in airport expansion and construction projects in Bahrain, Saudi Arabia, Kuwait, Oman,

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Ajman Sewerage starts key network expansion work

UAE-based Ajman Sewerage, a government venture in partnership with leading international water treatment experts Besix and Veolia, has started work on two major expansion projects at an investment of Dh75 million ($20.4 million).

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SAR given charge of Saudi railway projects

Saudi Arabia's cabinet has decreed that Saudi Railway Company (SAR) will now be the owner of infrastructure of railway projects linking the cities of the kingdom. The cabinet appointed the Minister of Transport Suleiman Al Hamdan as

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Anan to launch three big projects in Saudi Arabia

Saudi-based Anan Real Estate Company is set to launch three major projects including a first-of-its-kind development in the Middle East - Tower Terrace - an 18-storey building which boasts some of the world's most renowned five-star food res

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