Arabtec CFO responds to rumours

Trading soared following "announcement" of a major project. Arabtec CFO Zaid Makhzouni has responded to rumours that saw the firm’s shares rocket...

Ready-mix cement production declines 26.7%

European figures despiteoverall use increasing. The average use of cement has increased overall in ERMCO countries since 2008, despite production declines of...

Drake and Scull announces 77% YOY net margin growth

Highlight of Q3 2011 financial results. Drake & Scull International PJSC (DSI), has announced a two fold growth in profits compared to...

ERP solution for Khalid Cement Industries Complex

KCIC announces procurement from Epicor Software Corporation. Epicor Software Corporation, a business software solutions provider for manufacturing, distribution, retail and services organisations,...

‘Supergroup’ formed by technology provider

Intention to “drive technology innovations” . Gehry Technology co-founder and chairman, Frank Gehry, has formed a ‘strategic alliance’ of designers and architects,...

Siemens’ Masdar HQ underway

‘Anchor presence’ in Masdar City for electrical engineering giant . Masdar CEO Sultan Al Jaber, and Siemens managing board member Dr Roland...

Chinese manufacturer marks Jebel Ali arrival

Plant to generate over $100m annually in Jebel Ali. LiuGong, a top 500 Chinese manufacturer and top 20 international construction equipment manufacturer,...

RAK Properties moves HQ to its own development

Julphar Towers, RAK, to become new base. RAK Properties has re-located its official headquarters to Julphar Towers, one of its flagship properties,...

Armstrong launches digital marketing platform

Solutions to be presented in “unprecedented” manner . Ceiling and flooring provider, Armstrong has introduced a digital promotion campaign for the newly...

European engineering company in KSA venture

Ros Roca launches Ros Roca envirotec Arabia. Multidisciplinary engineering firm Ros Roca has announced a “joint venture and strategic partnership” to form...

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