Tuesday , September 25 2018

Tag Archives: construction

15 construction sector firms to declare bankruptcy soon

MoCI receives 13 requests for liquidation KUWAIT CITY, March 5: The construction sector is facing several problems, mainly weak credit, fewer projects and failure in completing vital projects, which have in turn led to major losses for some projects. These problems have led to entrusting these projects to big foreign …

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Construction slowdown forces firms to cut number of workers

KUWAIT CITY, July 3: Recession has hit hard on the construction market due to suspension or completion of a number of construction projects including bridges as well as due to the snails’ pace in the distribution of housing which has caused the prices of construction materials to fall by 15 …

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‘Finance, SAB expected to okay KD 1.2b dev projects’ – MPW starts construction, maintenance of roads, bridges

KUWAIT CITY, March 6: The Secretariat General of the Cabinet has affirmed that the Ministry of Finance and State Audit Bureau are expected to approve several development projects with an estimated total cost of KD 1.2 billion, reports Al-Qabas daily quoting sources. Sources revealed these projects include the improvement of …

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