Friday 1 July 2016
 
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Saudi Arabia 'mulls bond-like tools to pay contractors'

Saudi Arabia is considering using IOUs (I-owe-you) model to pay outstanding bills with contractors and conserve cash, said a report, citing key sources. As payment from the state, contractors would receive bond-like instruments wh

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Saudi Arabia 'mulls bond-like tools to pay contractors'

Saudi Arabia is considering using IOUs (I-owe-you) model to pay outstanding bills with contractors and conserve cash, said a report, citing key sources. As payment from the state, contractors would receive bond-like instruments wh

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Manpower management 'key to GCC contractors'

Construction companies that operate in the Middle East face a range of challenges that grow more complex every year. Low oil prices and geopolitical issues have caught them by surprise. To get through this more complex business en

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Dewa hosts key workshop for contractors

Dubai Electricity and Water Authority (Dewa) organised a workshop for contractors and consultants to update them on its new Al Namoos service which has been tailor-made to provide them with electricity connections of up to 150 kilowatts (kW) wit

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Contractors in Bahrain hint at red-tape woes

Many small and medium sized contractors have complained they might be forced to shut-down due to rising material costs, tougher competition from foreign firms and Labour Market Regulatory Authority’s (LMRA) stringent rules and procedures

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Qatar slaps travel ban on contractors amid probe

Qatar has banned some owners of construction companies, contractors and consulting engineers from leaving the country as it carries out a probe into how heavy rains damaged buildings and roadways, said a report. The investigation

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Two UN contractors detained in Yemen

The United Nations said on Saturday two contractors with the world body had been detained in Yemen, but gave no further details on the incident. "Two contractors have been detained and DSS (Department of Safety and Security)

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Asian contractors win $290m Saudi Tasnee project

Saudi Arabia's National Industrialisation Company (Tasnee) said it has chosen Taiwan's CTCI and Japan's Chiyoda Corp to build a titanium sponge plant for its majority-owned Cristal subsidiary. The two contractors are e

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Asian contractors win $290m Saudi Tasnee project

Saudi Arabia's National Industrialisation Company (Tasnee) said it has chosen Taiwan's CTCI and Japan's Chiyoda Corp to build a titanium sponge plant for its majority-owned Cristal subsidiary. The two contractors are e

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US to send more private contractors to Iraq

The US government is preparing to boost the number of private contractors in Iraq as part of President Barack Obama's growing effort to beat back Islamic State militants threatening the Baghdad government, a senior US official said.

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