SMEs account for 94% of the total number of companies in the UAE, employing more than 86% of the workers in the private sector. (Image source: Adobe Stock)
The state-run Emirates Development Bank (EDB) has signed a deal with UAE lender Dubai Islamic Bank (DIB) to set up a credit guarantee scheme and disburse US$54.4mn in financing for small and medium-sized enterprises (SMEs)
The companies will be offering a diverse product range of building and construction materials. (Image source: Adobe Stock)
A group of leading companies in the kingdom of Saudi Arabia will be participating in the Gulf Construction Expo 2022 in the Kingdom of Bahrain, which is being held under the patronage of Prince Salman bin Hamad Al Khalifa the crown prince and prime minister, from 22 to 24 March at the Bahrain International Exhibition and Convention Centre
The Jubail facility marks another expansion in Emerson?s manufacturing capabilities in the western Middle East region. (Image source: Emerson)
Emerson has launched its manufacturing facility in Jubail, further diversifying its local manufacturing portfolio in Saudi Arabia
L&T Construction arm of Indias Larsen & Toubro (L&T), was awarded a contract to provide and install a 380kV electrical substation in the Tabuk city area of Northern part of the kingdom. (Image source: Adobe Stock)
The local Alfanar Construction has been awarded a US$175mn contract to build a 380kV substation at Baha and expand existing 380kV substations at Umluj, Al-Wajh and Yanbu
Saudi Arabia was planning to develop the Taiba IPP along with another 3.5GW gas-fired Al-Qassim IPP project. (Image source: Adobe Stock)
Saudi Power Procurement Company (SPPC) has prequalified ten developers to participate in the tender for the project to develop a 3,600MW gas-fired independent power producer (IPP) project at Taiba, located near Medina in the western province of the Saudi Arabia
