Wednesday 20 August 2014
 
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contracts

National firms will get stadium work assures Aramco

Saudi Aramco has assured Saudi contractors that they would be given an opportunity to participate in the project to build 11 major stadiums in various parts of the kingdom, a report said. Saudi Aramco has been authorised by the Cu

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$5.4bn contracts awarded for residential projects in UAE

Contracts worth $5.4 billion were awarded for UAE residential projects in the first half of 2014, according to a new report from Citiscape Global. While Dubai leads the Arab world as a model for future cities, industry experts say

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$124m Jubail, Ras Al-Khair contracts signed

Royal Commission for Jubail and Yanbu (RCJY) has signed two contracts for a total value of SR467.9 million ($124.7 million), said a report.   Under the first contract, the Saudi Services for Electro-Mechanic Work

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GCC contract awards to hit $178bn in 2014

The value of new contract awards in the GCC region is likely to rise by 20 per cent to $178 billion in 2014 compared to $147 billion contracts awarded last year, said an industry expert. This is a new record for the region’s

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Saudi contract awards slide in Q1 to $10.58bn

The value of contracts awarded in Saudi Arabia during the first quarter of this year fell 19 per cent to SR39.7 billion ($10.58 billion), compared to SR49.1 billion during the same period last year, a report said. The numerous amo

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New UAE law to award 10pc contracts to SMEs

A new United Arab Emirates (UAE) legislation aims to boost the growth of small and medium-sized enterprises by  requiring 10 percent of future federal government contracts to be awarded to SMEs, the economy minister said on Sunday.

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DGCX to launch agricultural contracts

The Dubai Gold and Commodities Exchange (DGCX) is planning to launch agricultural commodities contracts in the first quarter of 2015, the bourse's chief executive officer said on Monday. "That's something we really wa

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DGCX, China’s DCE launch plastics futures

The Dubai Gold and Commodities Exchange (DGCX) and Dalian Commodity Exchange (DCE) today announced the simultaneous launch of their respective polypropylene futures contracts at the Middle East Plastics Seminar in Dubai. The concurrent

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DGCX, China’s DCE launch plastics futures

The Dubai Gold and Commodities Exchange (DGCX) and Dalian Commodity Exchange (DCE) today announced the simultaneous launch of their respective polypropylene futures contracts at the Middle East Plastics Seminar in Dubai. The concurrent

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Iran tempts investors with 'sweetened' oil deals

Iran has presented a new model for oil field development contracts, aiming to tempt back foreign energy companies, Iranian media reported. One change under the new integrated petroleum contract (IPC) will allow foreign contractors

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