Magazines
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Nissan appoints Petromin as second Saudi dealer
Petromin Corporation to join Alissa as Nissan’s dealer in the kingdom. Nissan has appointed Saudi Arabia’s Petromin Corporation as its new dealer...
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Saudi salary delays: Foreign powers demand action
France, the Philippines and Bangladesh taking up case of unpaid wages. Foreign governments are exerting pressure on authorities and executives in Saudi...
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Aldar awards $86m contract for Al Jimi Mall expansion
Pivot Construction Company to manage Al Jimi Mall expansion works. Aldar Properties, the Abu Dhabi-listed property developer, has announced the signing of...
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AECOM wins first major UK residential contracting project
US-headquartered firm to work on $56.6m development in London. The US-headquartered AECOM will be the design and build contractor on the first...
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Russia confirms $5bn loan to Iran for joint projects
Russian Energy Minister to visit Iran to discuss cooperation. Russia has confirmed plans for a $5 billion loan to Iran for joint...
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Dubai’s Arabtec says ex-CEO is not joining board
Shares fall as contractor says rumours concerning Hasan Ismaik are false. Arabtec on Monday dispelled rumours that its ex-CEO is to join...
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Telematics ‘to shake up’ auto insurance industry – Fitch
Telematics policies can allow insurers to more accurately assess risk. The motor insurance industry faces a “significant shake-up” from the growing usage...
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Saudi, UAE firms in alliance for $3bn industrial city in Egypt
Plan for 5 million sq ft economic free zone around Suez Canal. An alliance between Saudi Arabian and UAE companies has submitted...
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Orascom Construction wins $200m deals in Algeria, Egypt
Contracts for industrial and infrastructure projects. Orascom Construction has announced that it has signed a total of $200 million in contracts for...
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UAE construction salaries ‘to grow by 2-5%’ this year
Growth to be slower than in 2015, says Morgan McKinley. Salaries in the UAE construction sector are expected to grow by between...