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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...
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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...
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Oger International acquired by Jordanian investor
Oger International, the French construction engineering, design and project management group, and the subsidiary of Saudi Oger, has...
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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...
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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...
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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...
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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...
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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...
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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...
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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...