Wednesday 20 August 2014
 
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Arab Contractors in $180m Algerian industrial zone deal

The Arab Contractors, a leading construction firm in Egypt, is implementing three major industrial zones worth $180 million in Algeria, said a report. The cost includes utilities alongside other infrastructure works for the three

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Saudi to cut expat staff tenure in yellow-zone firms

Saudi Arabia’s Labour Ministry is set to reduce the stay of expat workers in yellow-zone firms under the Nitaqat nationalisation scheme from six to four years from October 25, said a report. The stay will be reduced further

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RAK free zone woos Spanish investors

Ras Al Khaimah Free Trade Zone hosted seminars recently for Spanish investors in Madrid, Bilbao and Barcelona highlighting oppotunities to expand thier companies into fast-growing global marketing by setting up b

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Brent steady under $109, set for 2nd weekly loss

Brent nudged higher to hover just under $109 a barrel on Friday, but was set to post a second straight weekly fall on easing Ukraine tensions and ample supply.   Optimism that monetary stimulus in the euro zone w

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Tecom Business Parks welcome 549 new partners

Tecom Business Parks, which comprises Tecom Investments’ nine free zones, welcomed 549 new business partners last year.   In addition to the growing number of new business partners, the knowledge workers op

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Swiss Tower opens in DMCC Free Zone

The Swiss Tower, the first “country branded” tower in the UAE, was officially opened yesterday (October 29) in the DMCC Free Zone. The construction of the 40-floor tower, with a total structural height of 167 metres, w

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Bahrain plans new zoning system

Zoning specialists could be soon forced on government officials in a bid to help reclassify Bahrain's streets and neighbourhoods, said a report. Councillors claim classification by the Municipalities and Urban Planning Affairs

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Ras Al Khaimah targets European investors

Ras Al Khaimah Free Trade Zone (RAK FTZ) has opened an office in Cologne, Germany, as part of its strategy to attract global businesses. The new office aims to provide companies from Germany and other European countries with information an

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ME's first 'boutique' logistics zone opens in Bahrain

The region’s first boutique-style logistics area that focuses on re-export and value-adding logistics activities will soon open in Bahrain, and is poised to attract companies looking to set up in the Bahrain Logistics Zone (BLZ). A tenant

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