Saturday, 10 May 2008

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Soaring costs risk contrators exiting UAE

Soaring costs risk contrators exiting UAE

Construction & Industry
Constractors severely hit by surge in price of building materials, says leading business figure.

Labourers to be kicked out of Sharjah
Construction & Industry
Firms will be forced to register in emirate or relocate thousands of workers under proposed new law.

Bahrain's GFH plans $2bn cement firm
Construction & Industry
Gulf Finance House looking to tap surging demand for material amid real estate boom in Gulf.

Arabtec profit surges amid building boom
Construction & Industry
Dubai construction giant posts four-fold rise in earnings to $63mn, firm's third straight record profit.


REGISTER FOR ARABIANBUSINESS.COM DAILY NEWS ALERTS

more »MIDDLE EAST CONSTRUCTION & INDUSTRY COMMENT

No end in sight to the boom
If you've been following the media lately, you might think that the regional real estate industry is facing testing times.

David Ingham  

Beating the heat
Outdoor design professionals working in the region have one major problem: for much of the year, people avoid spending time outdoors.

Michele Howe

more »MIDDLE EAST CONSTRUCTION & INDUSTRY FEATURES

Seven-year outlook

Peak power consumption is expected to climb by 10% each year in areas of Oman.

Winds of change

There is growing interest in exploiting renewable sources of energy, particularly wind and solar power.

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES


SPOT POLL

Are you concerned that the introduction of VAT will lead to higher prices, and the first step to personal taxation?

No, VAT is inevitable, and needed. It can also help in the lowering of inflation in the country
No, as long as VAT is used simply as a better system than customs duty, this should be relatively painless
Yes, tax is addictive for governments and once introduced there is only one way it will go - up
I'm leaving - tax is on the way, and that's not part of the bargain I made when I came here
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