Two deals inked to develop Saudi's King Fahd International Airport
Dammam Airports Company (DACO) has signed agreements with Vanderlande and Serco Middle East to build a baggage handling system and...
Abu Dhabi Ports strikes $1bn deal to develop Khalifa Port terminal
Abu Dhabi Ports signed a 30-year concession agreement with the Mediterranean Shipping Company (MSC) to pump $1bn (AED4bn) into a new...
Oger International acquired by Jordanian investor
Oger International, the French construction engineering, design and project management group, and the subsidiary of Saudi Oger, has...
RAK’s $100mn Manar Mall unit fit-outs begin as phase one expansion completes
Ras Al Khaimah’s largest real estate developer and investment company, Al Hamra, says it has compled phase one of its revamped Manar...
Aldar buys $1bn portfolio from TDIC in one of the largest real estate deals in UAE history
Aldar Properties says its $1 billion acquisition of a portfolio of prime real estate assets announced from Abu Dhabi’s Tourism...
Cat introduces new multi-processor tools for excavators
Caterpillar Work Tools has expanded its range of excavator attachments with three new multi-processor models which build on the company’s...
Binghatti Stars construction racing to completion by the end of 2018
Dubai-based Binghatti Developers has released a statement announcing that the construction of Binghatti Stars is being processed at an...
Kone secures large Dubai Hills Mall deal
Major vertical transport manufacturer KONE Corporation says it has won an order to provide 156 elevators, escalators and travelators at...
PDO, GlassPoint inaugurate Oman solar plant
Petroleum Development Oman (PDO) and GlassPoint Solar have inaugurated the Miraah solar plant, located at the Amal oilfield in the south...
Emaar Malls posts 11pc jump in net profit
Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a net profit of Dh2.080 billion...