Larsen and Toubro bags major contracts in India and Middle East

L&T classifies a major contract as being valued between $656 million and $918 million. India’s Larsen & Toubro’s construction arm has announced...

Mabanee Company to issue dividends totaling $46.7mn

Mabanee Company, plans to distribute cash dividends worth $46.7m for the fiscal year (FY) 2019, representing 14% of the share’s nominal value....

Coronavirus: Farnek installs sanitisation gateway to disinfect staff

Facilities management company first in UAE to use ‘Fog Gate’ with approved germ-free, non-toxic and environmentally friendly disinfectant. UAE-based facilities management (FM)...

DEWA sponsors UAE Inventors Society

Initiative makes it one of the biggest supporters of innovation in Dubai and the UAE says DEWA . The Dubai Electricity and...

Coronavirus: Online attendance swells at Ritchie Bros.’ Dubai auction

More than half the bidders at recent sale participated virtually while auctioneer also implemented health safety measures onsite in March event. Ritchie...

Coronavirus: Bahrain to suspend collection of rents and allowances from tenants of municipal properties for three months

Initiative to begin from April 2020 and follows the directives of HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister of Bahrain....

Coronavirus: Dubai Investment Parks initiates disinfection drive across all common areas of integrated community

Sanitisation and fogging activities were carried out to the highest international standards. Dubai Investments Park (DIP), the integrated commercial, industrial and residential...

APC signs agreement with SK Gas to build two new petrochemical facilities at a cost of $1.8bn

License agreements have also been signed with several firms for the procurement of necessary technology at the plants . Saudi-based Advanced Petrochemical...

Topcon Interview: Machine automation to speed up construction and reduce downtime

Senior official at Topcon says machine automation in earth-moving will significantly reduce project challenges . Machine automation that can provide on-site real-time...