Wednesday 23 April 2014
 
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contracting

Saudi blacklists contractors for forgery: report

A number of contracting companies have been blacklisted by Saudi Arabia after discovering that they resorted to forgery to win government contracts, said a report.   The decision bans the blacklisted firms, which

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DI units' business touches $465m

Dubai Investments' manufacturing and contracting business touched Dh1.71 billion ($465.56 million) as on December 31, 2012, according to statistics. The business was primarily driven by the growth achieved across its subsidiar

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GCC contracting ‘set for rapid growth’

The GCC contracting industry is witnessing strong growth, which is projected to increase further in the years to come, according to a research report. This is due to the vast number of projects being planned and executed, the Kuwa

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New Bahrain portal to spur Gulf business ties

A Bahrain subcontracting and partnership exchange portal has been launched by the Industry and Commerce Ministry in co-operation with the Gulf Organisation for Industrial Consulting (GOIC). It aims to bring together and match enquiries

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Cloisall wins $33m UAE, Qatar contracts

Cloisall, a leader in the interior fitting and contracting sector, said it has clinched Dh122 million ($33 million) worth of fit-out orders from landmark projects in the UAE and Qatar. The company has a major presence in the Gulf region th

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Dubai DED agency backs SME sector

Dubai SME, the agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprises (SMEs) sector, organised a forum to support national SMEs in procurement and contracting. The forum, organised by

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Al Reyadah GM stresses on quality of AC systems

UAE-based contracting company Al Reyadah has stressed the importance of using high quality air-conditioning systems in green buildings in the UAE. Engineer Mohammed Swairjo, general manager, Al Reyadah, said: “UAE is one of the biggest use

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Mubadala unit to form JVs across Gulf states

PSN Emirates, a unit of Abu Dhabi investment fund Mubadala, plans to set up joint ventures across all the Gulf states by the first-quarter of 2011 as it targets projects worth $1.7 billion, its CEO said on Monday.    PSN Em

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Saudi contracting firms eye $1bn merger

Eleven contracting firms operating in energy and other sectors are to merge in three years time to form a new entity worth up to 4 billion Saudi riyals ($1.07 billion), an executive said. Saudi Consolidated Contracting Company will be form

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First Bahrain names contractor for $45m warehouse

Real estate developer First Bahrain today (February 23) announced the appointment of Abdullah H. Al Darazi & Sons Co. as the main contractor for its warehousing project at the Bahrain Investment Wharf (BIW). The deal is for the first p

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