Brent crude climbed towards $58 a barrel on Thursday for the second straight session as speculators covered their positions ahead of the April contract's expiry, while a strengthening dollar and a build in US crude stocks capped prices.
KMC, a leading integrated contracting, project management and property developer, has announced the setting up of its new regional headquarters in Bahrain.
Located in the Seef district, the office premises have been established at
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
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
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
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
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
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
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
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.