Energy

USD 12.9 billion worth of energy projects were awarded in the GCC in Q1 2020 registering a 53% QoQ hike

Key Highlights Oil & gas projects worth USD 7.3 billion were awarded across the GCC in Q1 2020 USD 19.2 billion worth of urban construction projects were completed in the first quarter of 2020 UAE construction sector leads Q1 2020 with 12.4 billion worth of new project announcements, 9.4 billion worth of contract awards and 18.4 billion worth of project completions  The GCC construction...

How to implement the perfect employee incentive scheme

Business startups in the UAE tend to offer two main kinds of incentives to employees: cash bonuses and stock ownership.    Cash bonuses  Simply put, cash bonuses are pre-set payments that are awarded to employees when their performance empowers the company to fulfil certain objectives. Some companies choose to offer annual bonuses to staff; others stagger payments over a more extended time...

Saudi Arabia Ramp Up to Drive GCC construction

Key Highlights The GCC Projects market grew by 5% YoY in 2019 YoY project announcement and completion in the GCC increased by 4% and 3% respectively UAE leads in projects awards across the GCC Saudi Arabia energy sector grew by 24% YoY, while Oman’s grew by 23% YoY The GCC construction market is estimated at USD 2.5 trillion, with over 25,000 active projects at the end of the...

How to start a business in a UAE Free Zone

The free zones in the UAE can be categorised into two groups—industry-specific and general-purpose. Here's to give you an idea:   Industry-Specific Free Zone Industry-specific free zone specialises to only particular or interrelated sectors. Examples of these free zones are Dubai Internet City and Silicon Oasis, which are specifically designed for the IT and innovation industries. Or, Dubai...

How to structure the perfect business plan for success

Now, it doesn’t mean that you have to perfect your business plan from the get-go. A well-written business plan requires time and effort, and it keeps evolving as you learn and understand more about your business, your market, and ultimately, yourself.   However, even how important a business plan is, some entrepreneurs today still underestimate its relevance to achieving business success. And...

How to protect your company from the pitfalls of a startup

If you are a startup company, there is always a phase of trial and error. At this stage, learning from your own mistakes and of others is pivotal to your growth as it is an opportunity to discover a more effective business approach. It allows you to change your perspective and have a deep awareness of what your business needs to thrive.   However, without the right strategy or external support,...

How to protect your company from the pitfalls of a startup

If you are a startup company, there is always a phase of trial and error. At this stage, learning from your own mistakes and of others is pivotal to your growth as it is an opportunity to discover a more effective business approach. It allows you to change your perspective and have a deep awareness of what your business needs to thrive.   However, without the right strategy or external support,...

RedGuard Specialist Services signs Agency Agreement with EQIN in Rotterdam

Dubai, 19th November 2018 – RedGuard Specialist Services has announced a new Agency Agreement with EQIN, the leading specialist in equipment solutions, to provide blast-resistant modular buildings in Europe. In the photo (from left to right): John Kay, General Manager (RedGuard Specialist Services), Chris Ridley, Director (RedGuard Specialist Services), Rogier van Riet, Business Development...

Polar Bear Pitching redefines pitching competitions from 12th to 13th of March in Oulu, Finland

The most extreme business event in the world will take place again next March in Oulu, Finland. The theme of the event is Business Unusual, which means that Polar Bear Pitching changes participants and business, challenges everything you hold true and thus, redefines the whole future. Arctic circumstances have always forced people to come up with innovative solutions and this is what Polar Bear...

SKM Launches a New Psychrometric Test Facility

SKM Testing Lab, an affiliate of S.K.M Air Conditioning LLC – one of the most prominent manufacturers of Heating, Ventilation and Air Conditioning (HVAC) equipment in the Gulf – is proud to launch a new test facility located in Sharjah, UAE with the capacity to test a range of air conditioning equipment in multimode.  The test facility is a psychrometric testing chamber capable of testing...

Serco Middle East Fosters its Emiratisation vision for Growth and Development

Serco Middle East, a leading provider of public services has always been passionate about building a greater presence of National staff, particularly in leadership roles across its business and ultimately developing the knowledge and skills of National staff within all its sectors of operation. To have a successful Nationalisation programme and be an employer of choice for National staff, Serco...

Serco Middle East Fosters its Emiratisation vision for Growth and Development

Serco Middle East, a leading provider of public services has always been passionate about building a greater presence of National staff, particularly in leadership roles across its business and ultimately developing the knowledge and skills of National staff within all its sectors of operation. To have a successful Nationalisation programme and be an employer of choice for National staff, Serco...

Dammam Airports Company and Serco Middle East sign contract to provide Fire and Rescue Services at King Fahd International Airport in Dammam

Dammam Airports Company (DACO) has awarded a 10-year contract to Serco for the provision of fire and rescue services at Dammam’s King Fahd International Airport (KFIA), the first Saudi airport to leverage an international service provider’s expertise in firefighting systems.   DACO CEO, Mr.Turki Al Jawini, said, “We are delighted to enter into a partnership with Serco through this new contract....

Regional know how aligned with a positive Nationalisation Drive are Key Factors for Serco Middle East’s Aviation Business

DUBAI, United Arab Emirates, 6th May 2018 – Participation by National employees in the delivery and operation of Air Traffic Control in the Middle East, and the development of critical air navigation services that take cultural nuances into consideration are the key factors within Serco’s aviation arm in the region. With the opening of the Airport Show 2018 tomorrow, the international services...