Italian construction giant Webuild awarded $4.7bn contract to build damns in Saudi Arabia’s Trojena project in NEOM
building contractors
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Al Habtoor Group
Dubai’s Al Habtoor Tower announces contractor for world’s largest residential skyscraper
China Railway 18th Bureau Group Ltd. was awarded the contract among 10 initial bidders
building contractors
Middle East’s most influential construction leaders revealed in CW Power 100 ranking
Published in the June 2022 issue of Construction Week Middle East’s monthly magazine, the Power 100 list ranks the region’s top developers, contractors, consultants, sub-contractors, designers and architects, and lawyers
building contractors
Dubai contractor Drake says finalising restructuring plan
Drake & Scull International hopes to win approval from creditors and courts as it looks to the future
building contractors
New think tank calls for reforms in UAE construction sector
The length and value of construction disputes in the region is significantly higher than the global average
arbitration
Opinion: The shifting sands of construction in the Middle East
Average value of disputes in the in the Middle East revealed two interesting finding that show a change taking place in the construction market in the region
building contractors
Drake & Scull appoints new CFO
Former CFO Mohamad Ghanem was laid off from the company in April
![Galfar said outstanding payments have “impacted ability to do business and […] our profitability, due to the company borrowing the overdue receivables”.](https://www.arabianbusiness.com/wp-content/uploads/sites/3/cloud/2021/09/16/6CDUvMVG-Galfar-Oman.jpg)
building contractors
Payments taking ‘significantly longer’, says Omani building contractor
Galfar Engineering & Contracting executive said the delays were impacting cash flow