Magazines
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Qatar residential rental market up 7% in 2015 – CBRE
Rental growth during the second half of 2015 was at 5%. Real estate adviser CBRE has reported a 7% year-on-year rise in...
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Abu Dhabi’s Aldar announces new formula to calculate dividends
Dividend to be based on underlying cash flow performance. Abu Dhabi’s Aldar Properties has announced the introduction of a new formula to...
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Oman’s Gulfar Engineering wins $300m contract
Contractor to build central processing facility for PDO at Yibal Khuff. Galfar Engineering, the Omani contractor, has been awarded a $299.21 million...
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Renault Trucks releases 2016 T range
New range offers reductions in fuel consumption, improved payload. Renault Trucks has released the 2016 version of its T range, an upgrade...
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Europe to host world’s first cross-border truck platooning initiative
Six manufacturers will participate in semi-automated truck challenge. Europe is set to host the world’s first cross-border initiative with smart trucks, involving...
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Gulf construction pay increases slow to 6.1%
Sector still saw second-highest rises in 2015, says Gulf Talent. Construction salary increases in the GCC region slowed to an average of...
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Egypt, Kuwait Fund sign $100m power plant loan
The loan will help finance Egypt's South Helwan Power Project. The Kuwait Fund Arab Economic Development (KFAED) has signed a loan with...
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Forecast: 19 million cars on GCC roads by 2020
Saudi Arabia will hold the lion’s share of cars - Frost & Sullivan. The number of passenger cars in the GCC is...
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UAE’s Fast Rent A Car eyes Egypt for expansion
Rental firm also expanding presence in UAE with $16m investment. The UAE’s Fast Rent A Car is considering expanding operations to Egypt...
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Saudi Arabia’s 1km Jeddah Tower 20% complete
Tower to overtake Dubai’s Burj Khalifa as world’s tallest building. Jeddah Tower in Saudi Arabia, which is set to the world’s tallest...