• Builders cut prices to win contracts

  Dubai builders chasing contracts in Abu Dhabi are being forced to cut their prices to stay afloat as competition intensifies.. Dubai builders...

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  KSA awards US $5.6b of contracts in Q1

  KSA awarded contracts worth $5.57 billion for development projects in the Q1 of 2010. KSA awarded contracts worth $5.57 billion for development...

• King Abdullah pledges US $266m medical centre in Bahrain

  Saudi Arabia King HH Abdullah Ibn Abdul Aziz has pledged to build a SR1 billion ($266 million) medical city as a gift...

• Aabar’s 70% acquisition of Arabtec called off

  Arabtec and Aabar Investments have called off their US $1.7 billion agreement for Aabar to take over Arabtec.. Arabtec and Aabar Investments...

• New nano-acrylic coating from Jotun

  Jotun Paints has launched its Jotafloor Rapid Dry WB; a new floor coating based on nanotechnology.. Jotun Paints has launched its Jotafloor...

• Kingspan opens first UAE office

  UK-based Kingspan insulated panels has expanded into the Middle East with the opening of an office in Dubai.. UK-based Kingspan insulated panels...

• Building suppliers request secure payments

  Middle East suppliers have stressed the importance of secured payment methods when dealing with client requests for longer payback periods.. Middle East...

• Factory in a can launched in Dubai

  Framecad, in conjunction with New Zealand trade and enterprise, has launched its fully-contained mobile factory for producing steel frames for construction in...

• Qatar?s US subsea tunnel to go ahead

  Qatar will go ahead with plans for a 12km subsea tunnel linking Doha’s new airport with the financial centre at a cost...

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  Firms urged not to hike cement prices

  The UAE Contractors’ Association has called on cement producers in the country to withdraw their decision of increasing the minimum price of...

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