Buildings

Farnek wins two service contracts in Dubai

Markus Oberlin - FarnekFacilities management company Farnek has signed two new multi-million dollar contracts with global database software leader Oracle and UAE-based Place Management, to provide cleaning, maintenance and support staff at key locations in Dubai

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Construction boom in MENA good for Glass LLC

Glass Construction - walker M - freeimagesGlass LLC, the glass holding company of Dubai Investments, is targeting growth across all its five subsidiaries in 2015 following rampant construction activities in Middle East and North Africa (MENA)

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Construction in Qatar slow but steady, says government

Construction in Qatar - Jabiz Raisdana - FlickrExtensive construction activites planned in Qatar have slowed down, causing jitters in some foreign companies, but the Qatari government has stated that projects have been only halted, not cancelled

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Volvo to host sustainable construction summit

Volvo to host sustainable construction summitThe Construction Climate Challenge (CCC) summit will take place this week in Gothenburg, Sweden

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Saudi Arabian wealth fund stakes claim in Posco E&C

construction-damiendutoit-flickrSaudi Arabia’s Public Investment Fund (PIF) has purchased a 38 per cent stake in South Korean steel manufacturer Posco’s subsidiary Posco E&C for US$1.1bn, and will form a joint venture company in the Kingdom of Saudi Arabia

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