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Bahrain halts digging at housing project siteDigging 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 More… |
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UAE contractors' order backlog hits two-year highUAE 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. More… |
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Massive EPC projects trigger focus on capital efficiencyEPC 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 More… |
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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 More… |
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Abu Dhabi in push to pay contractorsThe 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 More… |
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Abu Dhabi launches e-tendering systemAbu 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 More… |
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Bahrain plans 10,000 new homes in 2012-13A 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 More… |
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Depa swings to H1 net profitDepa, a leading interior contracting company, returned to a first half net profit of Dh48 million ($13 million) this year after posting a Dh103.7 million loss during the same period in 2010. Annoucing the results on Wednesday, Depa CEO Moh More… |
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Jeddah hospital calls bids for expansion worksJeddah-based King Faisal Specialist Hospital and Research Centre (KFSH&RC), a multi-facility, multi-entity tertiary care hospital, has called on contractors to supply bids for its major expansion project. A statement issued by KFSH& More… |
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Contractors help train troops says UAEInternational contractors providing planning, training, development and operational support have been integral to the successful development of UAE's military capability, an official statement said. The statement, carried by the offici More… |
