Saturday 20 December 2014
 
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DGCX records 19pc growth in November volumes

The Dubai Gold and Commodities Exchange (DGCX) recorded a 19 per cent growth in volumes in November, as compared to the same period last year, training more than 980,000 contract, valued at $28.5 billion.   DGCX’s flags

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Averda wins city cleaning services deal in Angola

Averda, a leading waste management company in the Middle East and Africa, is delivering city cleaning services in Ingombota, a major urban district within Angola’s capital city of Luanda. The five-year contract, awarded rece

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Posco clinches $400m Oman steel plant deal

Posco Engineering & Construction (Posco E&C), a unit of South Korean steelmaker Posco, has  won a $400-million contract from Oman-based Sun Metals to build a steelmaking and rolling mill plant at Sur industrial complex in the north

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Posco clinches $400m Oman steel plant deal

Posco Engineering & Construction (Posco E&C), a unit of South Korean steelmaker Posco, has  won a $400-million contract from Oman-based Sun Metals to build a steelmaking and rolling mill plant at Sur industrial complex in the north

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Hyundai Rotem wins $315m Qatar sewage plant deal

Hyundai Rotem, a South Korean leader in steelmaking and environmental facilities, said it has clinched a 350.9 billion won ($315 million) order to build a sewage treatment plant in Qatar, said a report. As per the contract, the

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Lotte consortium wins Doha metro contract

A consortium comprising Korea's Lotte Engineering & Construction, Rizzani de Eccher of Italy and Redco of Qatar, has won a major metro project worth $609 million from Qatar Railways Company, said a report. Lotte said the c

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Sarooj JV eyes Oman rail contract

Oman-based Sarooj Construction Company has entered into a joint venture with three multinational companies to bid for segment one of the Oman railway project, said a report. The SPYD consortium includes Austria’s PORR, a spe

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Empower awards $16m network expansion deal

Empower, a Dubai-based district cooling services provider, has awarded contracts worth Dh60 million ($16.3 million) for the network expansion in Dubai's Business Bay area and International Media Production Zone (IMPZ), according to a report.

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Empower awards $16m network expansion deal

Empower, a Dubai-based district cooling services provider, has awarded contracts worth Dh60 million ($16.3 million) for the network expansion in Dubai's Business Bay area and International Media Production Zone (IMPZ), according to a report.

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Bahrain to start new $198m homes project

A BD75.56-million ($198.4 million) project to build 1,560 homes in the Southern Governorate in Bahrain will start soon. The contract has been signed between the Housing Ministry and Tamcon Contracting, a subsidiary of Al Khaleej D

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