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DP World subsidiary and SMIP announce global marina development deal
Agreement includes the investment, development and management of superyacht destinations. P&O Marinas and the Monaco government-owned Societe Monegasque International Portuaire (SMIP) have...
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Al Ahli to develop ‘Nomad’, the world’s largest entrepreneurial hub
Project’s infrastructure to be developed in two phases. Al Ahli Group has announced plans to develop a one million sqft entrepreneur and...
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Doosan teams up with Trimble for excavator telematics
Korean-built machines come with factory-fitted Trimble grade control options for precision digging . Korean equipment giant Doosan and Trimble have announced a...
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Ariston Thermo opens new plant in Bahrain
Facility will produce water heaters for the Middle East and North Africa markets. Ariston Thermo has inaugurated a new 7,000 sqm production...
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Aldar buys $1bn portfolio from TDIC in one of the largest real estate deals in UAE history
Acceleration of Saadiyat Island development behind acquisition. Aldar Properties says its $1 billion acquisition of a portfolio of prime real estate assets announced...
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Cat introduces new multi-processor tools for excavators
Interchangeable jaw sets and exclusive features enhance productivity, manufacturers says. Caterpillar Work Tools has expanded its range of excavator attachments with three...
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Trimble acquires Viewpoint in $1.2bn deal
Acquisition of construction management software provider to expand integrated project, jobsite and business workflow offerings . Construction technology services provider Trimble has...
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Palfinger reports record first quarter revenues
Business expansion in EMEA, Americas and China contributes to earning reaching $471.6m . Mobile hoists and loading cranes major Palfinger has announced...
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AUS hosts construction robot and 3D printing event
Exhibition and workshops explore how technology will have an impact on the construction sector and progress to diversify the UAE economy. The...
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Terex reports 25% rise in first-quarter sales
Company records growth in every segment with crane business seeing 19% rise in sales with high order backlog. Terex Corporation has reported...