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Caterpillar launches 950L and 962L wheel loaders The Cat 950L wheel loaders has 22% more engine power than its H-Series predecessor.

Caterpillar launches 950L and 962L wheel loaders

Cat L-Series medium wheel loaders deliver performance boost and 10% fuel use reduction


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Saudi: Rent jumps 30% as construction costs rise

Saudi: Rent jumps 30% as construction costs rise

Owners of old housing units are trying to compete and keep up with the prices of the new units, regardless of the quality
 
One worker dead, 18 trapped at Mecca project site

One worker dead, 18 trapped at Mecca project site

The deceased worker is believed to be of Ethiopian origin, whereas the trapped individuals are reported to be Egyptian
 
Korea-Qatar LED project on track, says envoy

Korea-Qatar LED project on track, says envoy

A Korea-Qatar project aimed at producing LED lights, specifically for the Middle East is in progress, with construction of the plant due to start soon
 
Dubai Sports City luxury villas ready for handover

Dubai Sports City luxury villas ready for handover

The 30 four-bedroom luxury villas are part of Dubai Sports City’s commitment to building landmark residential projects
 

 

Toscana takes delivery of Qatar Rasgas' LNG cargo

Toscana takes delivery of Qatar Rasgas' LNG cargo

FSRU Toscana is located 22km off the Italian coast between Livorno and Pisa and the cargo, aboard vessel Al Thakhira, was delivered on 23 August, 2016
 
Drake & Scull denies hiring advisor for investment

Drake & Scull denies hiring advisor for investment

DSI's CFO said that the company had appointed a legal adviser to hold discussions with the UAE financial bodies for bringing in strategic investors
 
Kuwaiti firm to build 77km-long road in Egypt

Kuwaiti firm to build 77km-long road in Egypt

The whole road network project is projected to be ready within two years at a total cost of $4bn (EGP36bn)
 
Azizi unveils $204m hotel apartments on the Palm

Azizi unveils $204m hotel apartments on the Palm

Due to be completed in 2018, Azizi Mina will be handed over well in advance of Expo 2020
 
Dubai: Imposed fire laws cause 270 handover delays

Dubai: Imposed fire laws cause 270 handover delays

The handover of 270 or more projects across Dubai had been delayed because of problems in meeting a version of the fire safety code that became law in 2012
 
Bloom Gardens' phase 3 delivered ahead of schedule

Bloom Gardens' phase 3 delivered ahead of schedule

Bloom Gardens offers round-the-clock security and a host of upscale amenities including a community center, a nursery, and a polyclinic
 
Turkish group to build $2bn expressway in Qatar

Turkish group to build $2bn expressway in Qatar

With five lanes in each direction, the new highway will span 34km-long, and will incorporate eight intersections, and pedestrian, bicycle and motorcycle lanes
 
GCC: Siemens smart tech cuts energy bill by 40%

GCC: Siemens smart tech cuts energy bill by 40%

By implementing two primary technologies for building management and district cooling, Siemens proves that energy requirements for cooling can be reduced by up to 40%
 
Dubai: Azizi's $95.2m Royal Bay project 85% sold

Dubai: Azizi's $95.2m Royal Bay project 85% sold

Royal Bay Residence is a part Azizi’ $1.9bn current portfolio for thousands of apartment units in Nakheel’s Al Furjan and Palm Jumeirah districts in Dubai
 
Orascom reports 8.5% net profit growth for H1 2016

Orascom reports 8.5% net profit growth for H1 2016

The group is executing new road projects and is collaborating with Besix on a new LNG-receiving jetty in Ain El Sokhna
 
Oman infrastructure set to grow by 3.4% in 2016

Oman infrastructure set to grow by 3.4% in 2016

Construction in Oman accounts for 8% of Oman's GDP, according to a report by BMI Research
 








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