Monday 2 March 2015
 
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Saudi Arabia

Saudi Arabian FM market to top $25bn

The facilities management (FM) market in Saudi Arabia is currently worth $20 to $25 billion and is growing at over 10 per cent year on year, said a report ahead of the annual conference of Middle East Facilities Management Association (Mefma).

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Throwing light on GCC dispute rules

In the last three to four years, the construction industry in the GCC has shown positive signs of recovery. There is still some way to go before the numbers can be compared to the pre-recession era. Qatar, Bahrain and Saudi Arabia

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Gammon partners with top firms to develop Saudi industrial city

About 42 international companies have agreed to join hands with leading engineering company Gammon Group to develop the new industrial city in the Saudi Arabian city of Jazan, said a report. A global construction company with a st

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Gammon partners with top firms to develop Saudi industrial city

About 42 international companies have agreed to join hands with leading engineering company Gammon Group to develop the new industrial city in the Saudi Arabian city of Jazan, said a report. A global construction company with a st

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Hilton Garden Inn signs three hotels in the Middle East

Hilton Worldwide, a luxury hotel operator, has signed three new Hilton Garden Inn hotels for Dubai and Saudi Arabia. “Hilton Garden Inn is an exciting proposition for investors in the Middle East as Hilton Worldwide continues to g

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Saudi Arabia must boost 'green housing'

Saudi Arabia must focus on building cheap and environmentally-friendly houses using concrete and wooden materials for the ever-increasing population in capital Riyadh, said an expert. According to World Bank (WB) figures, the popu

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Saudi oil market strategy beginning to pay off

Opec kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for. As a global oil glut pushed prices down 60 per cent between June 2014 and January 20

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Tanmiyat to spend $218m on stalled Dubai projects

Tanmiyat, a Saudi property developer, will be spending Dh800 million ($218 million) this year to complete its  projects that were stalled in Dubai, UAE, following the 2008 real estate market crash, said a report. The company

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Jazan Economic City focus for forum

Comprehensive information on the Jazan Economic City (JEC) project with presentations by subject matter experts will form the agenda for the two-day Jazan Economic Forum (JEF) opening tomorrow (February 25) in Jazan City, Saudi Arabia.

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Serco lands first big rail contract in Saudi Arabia

A consortium led by Serco Group, the international service company, has been awarded a contract by the Saudi Railway Company (SAR) to provide management and technical support for its operations on the North South Railway (NSR). Th

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