Wednesday 10 February 2016

Forum puts spotlight on construction sector dispute

Leading global law firm Dentons recently hosted a gathering of construction and energy practitioners to consider the growing trend of the use of arbitration through the Dubai International Financial Centre (DIFC) as a method of dispute resolution in Abu Dhabi, UAE. The discussion


Saudi builders delay pay amid state spending clampdown

Some Saudi Arabian construction companies are struggling to pay their staff on time in a sign of growing pressure on the economy from low oil prices, which are causing the government to slow spending on building projects. In an unusual move this week, the Ministry of Labour issue


AKH promotes diverse portfolio

Al Abdulkarim Holding (AKH), Saudi Arabia’s leading supplier and stockist of electrical, electromechanical, communications, instrumentation and oilfield components, is promoting its diverse portfolio of products and services to the regional market at the Gulf Industry Fair 2016.


Dubai sees big demand for new projects ahead of Expo 2020

With Dubai running a series of mega projects, the emirate's property sector is projected to see a ramp up in 2018, thanks to a growing demand for new apartments ahead of Expo 2020, said an expert. The three-year supply pipeline in Dubai's property sector is growing at a c


Tamdeen to open Kuwait waterfront project in 2017

Tamdeen Group, a leading property developer in Kuwait, plans to formally open its ambitious mixed-use waterfront retail, lifestyle and leisure destination, Al Kout, in the fourth quarter of 2017. Al Kout is a project under the overarching umbrella of Tamdeen Group that aims to re


Dubai to press ahead with world's largest mall

Dubai has said that it will press ahead with plans to build the world's largest shopping mall despite an economic slowdown looming in the region, but would assess market demand before proceeding with the project's later stages. The Mall of the World project, encompassing


Dubai Concourse D clears readiness trial

Dubai International Airport’s Concourse D was given the seal of approval by 2,000 residents of the UAE who participated in its first operational readiness trial. The major trial follows months of comprehensive trials and tests involving staff and stakeholders and paves the


Enec, Transco sign power supply deal for UAE grid

The Emirates Nuclear Energy Corporation (Enec) has signed a connection and interface agreement (C&IA) with the Abu Dhabi Transmission & Despatch Company (Transco). The agreement establishes a contractual operating framework between the two entities that will allow for the


Konecranes unveils new maintenance programme in ME

Konecranes, a leading provider of lifting solutions, has launched a comprehensive maintenance programme that supports long-term safety and performance in the Middle East. The move comes as part of its comprehensive and systematic approach to maintenance, said a statement from the


Saudi airport modernisation project on track

The work is progressing well on the modernisation of 27 airports in Saudi Arabia and is due to be completed within the next five years, said a report, citing a senior aviation official. “Our goal is that our airports should be in a position worthy of the kingdom’s sta

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