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Saudi's construction industry has been hit hard this year by state spending cuts and by months-long delays in the government settling its debts to contractors
Non-performing loans expected to rise to around 2.5% of gross loans in 2017, says Moody’s
National Petroleum Construction Co will help to build offshore oil and gas platforms, pipelines, power cables and other infrastructure
Massive ship repair and shipbuilding complex is due to be fully operational by 2021, will create 80,000 jobs
Drinks manufacturer says new plant in Sudair will be completed by 2019
Construction Week has the top ten deals signed in the Gulf region during September
Contractor hopes to reach agreement over unfinished Lamar Towers project in Jeddah
Source says bailout to cash-strapped construction giant is 'only a band aid' for financial problems
Developer says ground works have started on site for Samaya mixed-use residential project
Petrochemical company cites construction market challenges as it delays project by at least six months
Ailing construction giant allegedly owes employees several months of salaries
Saudi finance ministry has reportedly resumed payments to Saudi Binladin Group, the kingdom's biggest construction firm
King Abdulaziz International Airport City development will boast two hotels and commercial and administrative centres
Troubled builder said to delay repayment on loan being used to fund construction at holy site
Saudi KAD will engineer, procure, construct and commission a gas pipeline network totalling 1,118km
Sheikh Mohammed launched the new museum in Bur Dubai, which displays thousands of golden, bronze...
Real estate advisor Savills says UK's decision to leave the EU has tempted Middle East investors...
Aircraft spare part manufacturing, boat building and pharmaceuticals are all part of Dubai...
Construction Week’s Power 100 annual ranking of the most influential people in the middle east...
From Nancy Ajram to Huda Kattan, Arab ladies show off their style
A number of high profile and impressive projects are set to come to fruition across in the...
State investment funds Abu Dhabi Investment Council and Mubadala will hold 33.2 percent and...
From celebrities to fashion bloggers
Prime Minister says that he is confident economic cooperation between Qatar and the UK can...
I concur with the above comments.
I'd also like to add Nakheel's logic in regards to UK nationals using the UK as an alternative for investment due... more
I'm a recruiter and we get bombarded by the likes of Bayt, GuflTalent, Naukri, Monster Gulf to use their services, 7 emails from MonsterGulf yesterday... more
I remember running an event on entrepreneurship quite a few years ago in Abu Dhabi and during a panel session, while the panel continued to observe that... more
I agree about TAS and whenever I flew in/out, and have done so many, many times, fortunately I was in Biz Class, but it is awful. Whilst in this part of... more
to be honest nothing surprises me anymore. well one thing does; how come people keep on buying knowing full well things like this could happen? more
To me its very noticeable on the odd occasion I fly emirates when I land back in Dubai no more than 10% of the plane turns to arrivals with everyone going... more
@Fentoni. No one is denying the concurrent macro-economic shifts, but Dubai's diversification away from oil, a fact that until recently Don Quixote had... more
Very amusing and quite correct Mike de Longhi. I concur and find the Captain's urging to "sit back and enjoy your flight" right up there with " the cheque... more