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News from Middle East GCC

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The construction index   21 February 2017   GCC   Middle East  
<p>Balfour Beatty is leaving the Middle East and selling up to its joint venture partner.</p> <p>Balfour Beatty has agreed a deal to sell its half of loss-making Dutco Balfour Beatty and BK Gulf to Dubai Transport Company (Dutco) for &pound;11m cash.</p> <p>As ...
Filed under: Construction News
<p>David Clifton, Faithful+Gould Regional Development Director, explores the potential implications of VAT on the GCC construction industry.</p> <p>"The GCC governments agreed through 2015 and early 2016 to introduce VAT. During early 2016, consensus was reached ...
Filed under: Construction News
ME Construction News   07 February 2017   GCC   Middle East  
<p>One of the most important steps towards improving electricity diversification and conservation in the GCC, is to develop smart grid and smart metering roll-out under the overall umbrella of demand side management, according to a recent Ventures Report commissioned ...
Zawya   07 February 2017   GCC   Middle East  
<p>The Middle East, North Africa, Central Asia and South Asia hold the largest selection of freight and urban transport projects across the globe, with over $642 billion worth of planned railway investments, according to Terrapinn Middle East, organiser of ...
Filed under: Construction News
MEED   10 January 2017   GCC   Middle East  
<p>The GCC projects market recorded negative growth for the first time in 2016 according to MEED’s new Project Activity Monitor (PAM), which tracks the net gain of contract awards against completions.</p><p>For 2016 there was a net loss of $61bn as project ...
Filed under: Construction News