Featured Post

PROFILE : My journey to Professional Registration - Innocent Gininda

Innocent Gininda shares his journey to becoming a registered Professional Engineer (PrEng), emphasizing the importance of mentorship, early preparation, and understanding ECSA requirements. He offers advice to aspiring PrEngs, highlighting the value of diverse feedback and a positive mindset. My journey to becoming a registered Professional Engineer (PrEng) culminated successfully in November 2024. I was fortunate to begin my career at a company with a Commitment and Undertaking (C&U) Agreement with ECSA and a robust mentorship program. This commitment to training engineers to the standard required for Professional Registration provided me with essential resources and a structured path to track my experience against ECSA requirements. Early exposure to these expectations instilled a positive outlook on registration and solidified my desire to achieve this milestone. My views on Professional Registration have remained consistently positive throughout this journey. Working alongside ...

How can government step up support for the SA Construction sector post Covid-19?

In further steps to support the economy as it deals with the impact of the Covid-19 pandemic, the UAE cabinet stepped up with additional measures for the construction sector, notably improving payment terms for contractors involved in government contracts as well as exempting companies from any fines that accrue from any delays caused by the Covid-19 virus.

What additional measures can government use to step up the support for the SA Construction sector post Covid-19?



UAE construction sector gets financial boost amid Covid-19 pandemic

The UAE cabinet also directed that small and medium suppliers will be awarded 90% of federal government purchases. Those measures come after the UAE cabinet approved a $4.4bn economic stimulus package that includes a renewable six-month suspension of work permit fees and reduction of labour and other charges that aim to accelerate major infrastructure projects across the federation.


Infrastructure projects are a key part of the UAE’s economic expansion, but there are risks to investment growth owing to weakness in the oil sector. Government investment will continue to focus on improving physical infrastructure, while other reforms will focus on enhancing the financing and regulatory environment for the private sector. However, the government’s economic and fiscal policies will continue to be partly guided by global oil price movements, as the emirate of Abu Dhabi, which funds a major share of federal spending, is still heavily reliant on oil revenue.

To read original article click here

Comments