Arabtec appoints former Dutco Balfour Beatty GM Wail Farsakh as group COO

Former Dutco Balfour Beatty GM joins as Arabtec aims to 're-establish itself as a leading contracting company in the region'. Arabtec Holding,...

Insight: JLL’s Thierry Delvaux on Dubai’s new higher committee for real estate planning

New higher committee for Dubai’s real estate planning is a positive step towards balancing the market, says JLL . One of the...

Arabtec Holding sees 48.8% decline in net profit in H1 2019

Total revenue also declined by 12.4%, Dubai-listed contractor says. Arabtec Holding, the Dubai-listed contractor, has reported that in H1 2019, total revenue...

Analysis: Oil price rise boosted construction in H1 2019

Increasing oil prices are strengthening the outlook for the construction sector across MENA, says Mace. The MENA region is currently expanding at...

A decade of success – Interview with Trojan Holding’s Eng Hamad Al Ameri

Trojan Holding’s managing director says running the firm as a big family has kept it strong. Ten years seems like a long...

Interview: Why ABB/Hitachi have entered a $11bn Power Grids Business joint-venture

Venu Nuguri, senior group VP. Power Grids Business, South Asia, MEA from ABB chats with MECN . Venu Nuguri, senior group VP,...

Interview: James Lee, president, LG Electronics MEA

Exclusive: LG’s MEA strategy for local growth and how the HVAC sector has adapted to new requirements in the industry. In the...

‘We have the firepower to build Saudi’s future,’ Red Sea Project chief tells MECN

John Pagano on creating a tourist destination the size of Belgium from scratch, while keeping things sustainable. At the start of the...

Dubai real estate market reaches ‘attractive levels of affordability’ in H1 2019

Bayut report finds a perceivable shift in interest towards competitively priced areas for renters. Dubai’s real estate market has reached ‘attractive levels...

The Middle East hospitality industry in focus

Angitha Pradeep speaks to Bastien Blanc, VP operations – ME, InterContinental Hotels Group (IHG), about the region’s hospitality boom. According to the...