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'Saudi facilities management 5 years behind UAE'

The facilities management sector is expanding in Saudi Arabia, but the Kingdom's real estate market appears unprepared for advanced building management services  

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Net profit rises 30% to $1.2bn for Dubai's Damac

Hussain Sajwani, chairman of the development firm, said he expects Dubai's property market to be under-supplied this year as oil prices hit market sentiment

The Kingdom's labour ministry confirmed that workers at a "major institution" were yet to be paid, adding remedial action has been taken to resolve the issue

NEWS

CW Oman Awards 2016: Nominations close next week

Those wishing to secure one of this year’s Construction Week Oman Awards have until Monday, 15 February, 2016 to submit their nominations

The Falcon City of Wonders mega-project is set to re-gain life this year with around $2bn in new investments

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Top 10: GCC contract wins - January 2016

Construction Week lists the 10 largest GCC contract wins by value, awarded during January 2016

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LATEST COUNTRY NEWS

Dubai firm allies with Korean bearings giant ILJIN

Dubai-based Mineral Circles Bearings signs MoU to strengthen partnership with ILJIN, a global wheel bearing manufacturer from South Korea

UAE contractor Cloisall secures $190m order book

Interior fit out contractor expects to exceed $272m before the end of the second quarter of 2016

Jeddah’s hotel sector to welcome 5,333 keys

Jeddah had witnessed delays in hotel deliveries, but 2016 will see 5,333 new hotel keys enter the market

Jubail: Private sector opportunities worth $150bn

Billions of investment opportunities to open up in Jubail and will be unveiled at an upcoming industry conference

Deals signed to expand Oman's Renaissance Village

The Renaissance Village is being implemented to accommodate more than 16,000 beds and is expected to be completed this year

Oman's PDC, UFS sign 25 year land lease agreement

UES has been a pillar of Oman’s engineering services for over three decades in the fields of Oil and Gas & Power Generation and Water

Kuwait: KPC plans to sell loss-making assets

Kuwait Petroleum Corp is set to sell loss-making assets in a bid to cut costs as low oil prices put pressure on its finances

1,200+ GCC workers say construction is 'stressful'

Up to 1,185 respondents to a survey of 4,390 claim construction entails the longest working hours, with 48% of those respondents based in Qatar alone

Cofely Besix Mannai FM appoints new GM in Qatar

Robert Willem Cats will serve as the FM Company’s country manager for Qatar

UK architects launch Doha Design Prize in Qatar

The British Council has partnered with Foster + Partners and Royal Institute of British Architects to host a $21,700 city design competition

Expert says BIM benefit not a 'monochrome measure'

Information generated through non-BIM construction processes can lead to 'false positives', a Trimble manager tells Construction Week

Bahrain to build $600m LNG distribution centre

The country has agreed to become a hub for Russian LNG in the region




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