Saudi Mortgage Law to boost construction and finance sectors

Paul McViety, legal director, Finance & Projects at DLA Piper Middle East, outlines the impact of the Saudi mortgage law. [caption id="attachment_3323"...

Saudi minimum wage called for

Salary gap between Saudi nationals and expatriates is widening. [caption id="attachment_3103" align="aligncenter" width="300"] Economists have called for a minimum wage policy in...

Sany wants to dominate Indian excavator market

Sany Heavy Industry hopes its $60 million Pune plant can help it become the number one excavator supplier in India. In an...

Ritchie breaks Q3 auction sales record

Auction power house Ritchie Bros has recorded its best-ever third-quarter results as it benefited from a surge in used equipment availability in...

Otrac Heavy Equipment digs in in Egypt

Egypt-based Doosan and Bobcat dealer Otrac Heavy Equipment has been demonstrating Bobcat’s newest oil and gas trenching tool. Headquartered at Heliopolis, the...

Thousands of contractors and consultants in danger of losing licenses

Thousands of contractors and engineering consultancies could lose their commercial licences to trade in Abu Dhabi as they have failed to implement...

Barwa to sell $4.4bn in assets

Qatari property firm to sell assets as it pays off loans. Barwa, the Qatar property firm, announced on Tuesday that it planned...

Tender launched for $4.5bn Bahrain project

500 homes to be put out to tender, a decade after project was launched . Construction work on the $4.5bn Northern Town...

Dow becomes member of EmiratesGBC

Company will be involved in increasing awareness of sustainability and educating construction industry of its benefits. Dow Chemical in the UAE has...

Meraas launches second mall project

Announcement follows double project announcements at Cityscape Global. Dubai-based development company Meraas has announced the launch of its third development in the...

Construction