Buildings

Saudi Aramco to launch a new construction company

aramco michalrybski sxcSaudi Aramco is reportedly planning to establish a construction company in partnership with local and international investors, to build non-oil infrastructure in Saudi Arabia, sources told Reuters recently

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Saudi Arabia’s FM market to reach US$49.82bn by 2030

jeddah esaithy pixabayThe value of Saudi Arabia’s flourishing facilities management (FM) market is expected to reach US$49.82bn by the end of 2030, the Middle East Facility Management Association (MEFMA) has predicted

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Imdaad report forecasts US$6.63bn in revenues for FM in 2022

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Imdaad, a Dubai-based integrated facilities management (FM) solutions provider with a strong presence in the GCC, today revealed the findings of an extensive market study that it commissioned to examine the UAE’s FM market and forecast future trends within the industry

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DMCC to energise Dubai with iconic 'Uptown Dubai' District

15684867579 a435ef3eb0 zDMCC, the world’s leading Free Zone for trade and enterprise and master developer of Jumeirah Lakes Towers (JLT) in Dubai, has announced that construction works have commenced on its new premium district, Uptown Dubai and that phase 1 with more than 2mn sq/ft of LEED Gold certified development will be underway by year’s end

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‘Saudi Arabia undergoing significant progress’

riyadh 2197496 640 1In the twelve months to Q1 2017 construction as a percentage of GDP contracted from seven per cent to 6.2 per cent as backlogs continued to fall and awards in late 2016 failed to fill the gaps

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