Contract Worth $32 Million Won by Depa Dubai

Depa of Dubai Wins $32 Million Contract at Singapore Resort
Bloomberg
Dec. 29 (Bloomberg) -- Depa Ltd. , the United Arab Emirates-based interiors contractor fitting out the world's tallest tower in Dubai, won a 118 million-dirham ($32 million) contract at a holiday resort in Singapore. ...

Facilities Management (FM) Industry in UAE to Exceed $10 Billion Despite Global Financial Crisis

Facilities management industry set to hit $10bn
Gulf Daily News - Manama, Bahrain
DUBAI: The facilities management (FM) industry in the UAE remains upbeat with a projected value exceeding $10 billion by 2012 despite the current global financial crisis, said an industry expert.

Gulf Summit Agenda - Muscat 29th Dec 2008

GCC Summit Agenda
Zawya
Muscat/Riyadh: The fallouts of the global financial crisis, the GCC monetary union and the unified railways are expected to dominate the two-day 29th Gulf Summit, starting in Muscat on Monday.
The summit will also look into falling oil prices and sea piracy in the Gulf of Aden, Gulf officials told Gulf News. ...

Dow Chemical's $17.4 Billion Joint Deal Gets Scraped

Kuwait Scraps $17.4Bn Dow Chemical Joint Deal

Zawya

Kuwait yesterday pulled the plug on a $17.4bn deal with Dow Chemical, the US's largest chemicals group,days before it was to come into effect.

A Kuwaiti official told the Financial Times that the deal had been cancelled partly as a result of the decline in the value of Dow Chemical's assets and partly as a result of pressure from Kuwait's parliament. ...