Archive for the ‘Industrial Mechanical’ Category

The balance sheet and profit and loss requirement for the new classification of contractors

The Ministry of Municipal and Rural Affairs to work on a new classification of contractors in all areas. And identified the new executive regulation adopted by His Royal Highness Prince Mansour bin Miteb bin Abdulaziz, Minister of Municipal and Rural Affairs and will start operation this month, 29 new classification of contractors in order to enhance construction sector to keep pace with the Renaissance architecture in the Kingdom. Have been identified degrees of category five types so that the first class roads, sewage works and industrial works and marine works by more than 300 million riyals, and e-business, buildings and communications technology, and mechanical works of more than 200 million Riyals, and the rest of the business by more than 100 million riyals. Read the rest of this entry »