Friday 25 July 2014
 
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contractors

Contractors hit hard by Saudi raids

The labour raids targeted agains illegal expatriates in the kingdom have phased out 100,000 of the 200,000 contracting firms registered with the country’s chambers of commerce, a report said. The contracting sector is facing

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Omani contractors urge govt to reimburse wage rise

The Oman Society of Contractors has urged the government to reimburse the cost escalation of ongoing projects following a raise in minimum wage for Omani workers, said a report. The cost was initially estimated based on the minimu

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Key construction summit opens in Bahrain

The annual Gulf Construction Conference 2013, set to open today in Bahrain, will discuss a number of key issues pertaining to the construction sector in the kingdom and the GCC. Organised by the Bahraini Society for Construction C

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Bahrain halts digging at housing project site

Digging work at a major housing project site in Bahrain will be temporarily halted with immediate effect following an edict by a senior government official. The digging work the Buhair Valley will not resume unless approved by His

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UAE contractors' order backlog hits two-year high

  UAE contractors have witnessed a robust growth in their order backlog over the last three quarters, with the backlog growing to a fresh two-year high of Dh27 billion in Q4, 2012, a report said.  

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Massive EPC projects trigger focus on capital efficiency

EPC projects in the GCC are forecasted to increase in size and complexity, and project owners are now enhancing their own capabilities to execute their rapidly growing and expensive portfolios in a capitally efficient manner, outlined experts fr

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Gulf ‘benefiting from new focus on offshore’

The Gulf region’s increasing focus on offshore oil and gas projects will be a boost to the continuing economic development of the region, said a report. Oil producers are now actively turning offshore in search of oil and ga

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Abu Dhabi in push to pay contractors

The government of Abu Dhabi said it had taken "appropriate steps" to make sure its entities would pay off money owed to contractors working on billions of dollars worth of construction projects in the oil-rich emirate. Construction compani

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Abu Dhabi launches e-tendering system

Abu Dhabi has announced the launch of new electronic tendering system and electronic registration of suppliers and contractors to help them electronically record and submit bids for tenders issued by the Department of Finance (DoF). The mo

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Bahrain plans 10,000 new homes in 2012-13

A total of 10,000 new homes will be built in Bahrain during 2012-2013 to slash the waiting list, said a senior government official. Housing Minister Basem Al Hamer added that the ministry has drawn up plans and programmes to meet demands b

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