Friday 19 April 2024
 
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GCC projects

Salini Impregilo wins $300m GCC project contracts

Salini Impregilo, a specialist in the construction and civil engineering business, has won contracts worth a combined $300 million in the Gulf region and a $190 million order from the US. On the GCC contracts, the Italian construc

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Brazilian investors eyeing $32bn GCC projects

More new business opportunities in the GCC have recently opened up for Brazilian investors with $32 billion worth of large-scale urban construction projects now being tendered in the region, according to the Arab-Brazilian Chamber of Commerce (A

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GCC project awards to stay steady at $117bn this year

The total value of contract awards in the GCC projects market this year is expected to stay steady at $117 billion compared to last year, a report said.   The GCC projects market had a muted performance in the fi

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$2 trillion GCC projects driving pipe, tube business

Regional producers working in pipes and tubes have seen a steady jump in business despite the difficult market conditions, thanks to the infrastructure, oil and gas and industrial projects worth $2 trillion that are under way in the GCC, said th

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$2 trillion GCC projects driving pipe, tube business

Regional producers working in pipes and tubes have seen a steady jump in business despite the difficult market conditions, thanks to the infrastructure, oil and gas and industrial projects worth $2 trillion that are under way in the GCC, said th

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GCC projects market contracts value tumbles on low oil

The GCC projects market is expected to record at best $120 billion worth of contract awards in 2016, down at least a third over last year and well below what was initially forecast, as low oil prices severely impact government expenditure, accor

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EU best practices 'vital for $2 trillion GCC projects'

European best practices in mega-projects are key for the GCC to deliver on its $2 trillion project pipeline, industry experts announced today (September 5) in the build-up to Cityscape Global. The GCC is witnessing a surge in mega

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GCC contracts to stay resilient despite oil slump

The level of contract awards in the GCC projects market will fall slightly to $167 billion in 2016 compared to $197 billion in 2015, but the impact of oil price volatility will be limited, a new report said. This is a clear drop,

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L&T wins $120m GCC project contracts

Indian engineering and construction firm Larsen & Toubro (L&T) said its regional subsidiaries have secured two key contracts worth a total of $120.18 million in the Gulf region. A major technology and manufacturing conglom

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Building software 'vital for $3 trillion GCC projects'

The contractors in the Gulf region must adopt the latest construction software to ensure the swift delivery of nearly $3 trillion worth of construction projects, said industry experts ahead of The Big 5 Show in Dubai, UAE. The lar

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