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15 Kuwait construction firms 'may declare bankruptcy'A total of 15 companies in Kuwait will soon declare bankruptcy due to lack or scarcity of liquidity and inability to meet their financial commitments for completing projects suspended for more than three years, a media report said. More… |
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Saudi Arabia urged to help construction companiesA leading Saudi Arabian businessman has asked the King to intervene to ensure that the government makes delayed payments to construction companies, in a sign of growing pressure on the economy due to low oil prices. Some construct More… |
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Saudi’s Eastern Province builders plan new firmContractors in Ihsa, in Saudi Arabia's Eastern Province, are planning to establish a joint-stock company to carry out mega projects in the kingdom, a report said. "We are currently conducting a study to establish a joint- More… |
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GulfBID to gather top construction firmsGulfBID, the annual exhibition in Bahrain for the Northern Gulf’s construction industry, will bring together some of the leading names in the specialist construction, contracting and related sectors showcasing their brands, equipment and services. More… |
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Construction firms 'eye exciting GCC market'A fresh wave of infrastructure spending has cemented the GCC’s position as one of the most exciting markets for gobal construction giants, with Saudi offering most opportunities, said experts while speaking at a roundtable in Dubai. Their More… |
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Over 900 construction firms at Qatar expoOver 900 companies in the construction industry from 20 countries are showcasing their products at the 'Project Qatar 2009' expo being held at the New Doha International Exhibition Centre. Qatar prime minister and foreign minister, More… |
