Magazines
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Saudi govt to pay private sector dues ‘this year’
Many payments to the construction sector were held up in the wake of the oil price crash. Saudi Arabia will pay money...
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Dubai’s Damac Properties Q3 profit slips 11.7%
Developer increased total assets to $6.62bn in first nine months of 2016. Damac Properties has reported a 11.7% fall in third-quarter net...
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Bahri & Mazroei Group appoints Youssef Saidi as new COO
In his new role, Saidi is tasked with driving the group’s growth and performance in the region. Bahri & Mazroei Group, electrical...
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Mideast’s first carbon-capture plant goes on steam in UAE
Al Reyadah, the region’s first commercial-scale carbon-capture, utilisation and storage facility, is a joint venture between ADNOC and Masdar. The first commercial...
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Denmark’s FLSmidth signs $200m deal with Iraq Cement Co
EPC contract will ensure the supply of 6,000 tonnes of cement per day to Al Muthana region. FLSmidth, the Denmark-based mining and...
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Solar panels installed on 222 Dubai buildings
Hundreds of building owners have installed panels on rooftops under utility provider DEWA’s initiative. More than 200 building owners in Dubai have...
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Opening of Louvre Abu Dhabi delayed to 2017 – report
Official opening of the museum has been pushed back due to pending construction work, says Reuters. The official opening of the Louvre...
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Dubai invites finance proposals for Al Maktoum airport works
Financing expected to be in the region of $3bn, though the size, tenor and timeline of the package has not been finalised...
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CNH Industrial makes profit in Q3 despite fall in revenues
Construction equipment division reports marginal growth as profits rise in commercial vehicles despite lower sales. CNH Industrial, the owner of the Case...
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Emirates Steel proves its mettle on sustainability
Saeed Al Remeithi, CEO of Emirates Steel, explains how the manufacturer plans to be a torchbearer for sustainability in the regional industry....