OMV to increase its shareholding in Borealis to 75 percent

OMV inks $4.68 billion deal with UAE's Mubadala for 75 per cent stake in Borealis . Vienna-headquartered oil and gas company, OMV...

Bentley Systems acquires GroupBC

Acquisition aims to improve project and asset performance in line with the UK’s expectations for new ROI breakthroughs from digital twins tech....

ADFD inks deal to provide $50mn financing for Maldives infrastructure projects

Deal will enable government of Maldives to implement a number of projects. The Abu Dhabi Fund for Development (ADFD) has inked a...

World first: Abu Dhabi’s desal project obtains first ever ‘sustainable loan’ qualification

Abu Dhabi’s desalination project obtains first ever ‘sustainable loan’ qualification. ACWA Power has announced that the Taweelah IWP has obtained the first-ever...

Leica Geosystems updates the Leica iCON site solution for better construction positioning

Upgrades include greater efficiency in connecting different tasks, machines and teams on construction sites. Construction technology provider Leica Geosystems has announced an...

Case appoints new commercial director for Africa-Middle East region

Dragan Krznaric elevated to new post by construction equipment brand of the CNH Industrial Group . CNH Industrial, the owners of Case...

Expo 2020 Dubai unveiled nine country pavilions designed by students around the world

Series of pavilions have been designed by students from each country to showcase the best their nations have to offer. Organisers of...

Siemens signs 10-year lease with District 2020

Approximately 1,000 Siemens employees are expected to work from the two buildings once the transition to District 2020 is complete. Siemens has...

Eversendai announces $116mn worth of projects in MENA region

Malaysian firm says construction order book currently stands at $631.9mn. Eversendai Corporation, the Malaysian engineering and construction firm, has announced that it...