Facilities 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
Buildings
Construction boom in MENA good for Glass LLC
Glass 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)
Construction in Qatar slow but steady, says government
Extensive construction activities 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
Volvo to host sustainable construction summit
The Construction Climate Challenge (CCC) summit will take place this week in Gothenburg, Sweden
Saudi Arabian wealth fund stakes claim in Posco E&C
Saudi 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