A dramatic drop in optimism for the GCC’s construction sector has been seen over the last 12 months, according to a new survey. At the annual Construction and Engineering Law Conference, just 32% of respondents were optimistic heading into 2016, compared to 77% in 2014. Head of Middle East Region at Pinsent Mason, Sachin Kerur says as market conditions harden, several things are likely to happen.
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H.H. Sheikh Hamdan praises progress of Dubai Cashless Strategy
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has praised the progress of the Dubai Cashless Strategy, with cashless transactions now accounting for 90.1 per cent of all transactions in the Emirate.
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Beauty World Dubai has wrapped up its 30th edition at the Dubai World Trade Centre, drawing more than 62,000 visitors from over 170 countries
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Nakheel, a member of Dubai Holding Real Estate, has awarded Mar Marine & Building Contracting LLC a contract for marine and beach works on Island B at Dubai Islands.
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