Analysis: Dubai rents in decline in Q2 2018

Asteco’s Dubai Real Estate Report for Q2 2018 analyses property market as rental rates and sales prices continue to fall. There continues...

O&G wins boost Galfar Engineering and Contracting’s H1 2018 order book to $1.2bn

Omani contractor has bagged fresh orders of $197m, primarily in oil and gas contracts. Galfar Engineering and Contracting, the Oman-based construction company,...

Bobcat launches new compact telehandler for Middle East heavy-lift handling sector

TL43.80HF couples small dimensions with 4.3t lift capacity and almost 8m of lift height . Bobcat has launched a new telehandler in...

Jacobs Engineering Group wins contract renewal from Saudi Aramco JV

Services will be provided by Jacobs Engineering Croup’s Jacobs Zate subsidiary. Saudi Aramco Total Refining and Petrochemical Company (Satorp) has awarded Jacobs...

Lava, Adunic and Facts and Fiction to deliver German Pavilion at Expo 2020 Dubai

Koelnmesse is organising and will run the German Pavilion at Expo 2020 on behalf of German Federal Ministry. The German Pavilion at...

Nakheel records $680 million net profit in H1 2018

Nakheel officially signed construction contracts worth more than $1.63 billion between January and June. Nakheel says its first half year results in...

Al Subhiah T&C to start work on $18m Phase Three of Al Muzn in Oman

Majan Development Company says it will comprise a 127-unit, high-rise complex with residential apartments and commercial showrooms. Majan Development Company, the Oman-based...