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financials

Defunct contractor Saudi Oger's debt reportedly valued at $10.7bn
Liquidated Riyadh-based contractor reportedly owes suppliers $5.9bn, and currently holds $45,590 in its bank account
Q1 revenue up 10% at Egypt's Orascom as Besix orders hit $5.2bn
Nasdaq Dubai-listed contracting giant Orascom, 50% owner of Belgium's Besix, sees Mena growth despite US
Al Ramz named Union Properties' liquidity provider in 'volatile market'
Union Properties' Ahmad Yousef Khoury says reappointment to deliver shareholder value 'in today’s volatile capital
Q1'19 profit for Saudi's Makkah Construction & Development Co
The firm, which operates real estate around Makkah Grand Mosque, posted a 2.4% hike in
Kuwait’s URC posts net loss of $30m in 2018 despite revenue surge
Listed developer attributes decline in operating profits to reduced values of its properties in Kuwait
YoY net profits decline 94% at Dubai-listed Damac in Q1 2019
Q1 2019 revenues also note 53% YoY drop to $244-million, but chairman Sajwani lauds billion-dirham
UAE's Arabtec names acting group CEO as Hamish Tyrwhitt steps down
Tyrwhitt's exit announced as Arabtec posts 16% YoY revenue decline in Q1'19, with net profit
Profits up at Fujairah Building Industries in Q1 '19, revenue dips 11%
Q1 2019 net profit grows to $3.6-million in Q1 despite revenue decline to $16.4-million during

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Latest Issue

Construction Week - Issue 743
Jun 01, 2019