Deyaar Development registers 2.6% fall in net profits for H1 2018

Developer sees net profit drop to $17.7m as compared to $18.2m registered last year. Deyaar Development, a leading Dubai-based property developer, has...

Doosan Heavy Industries and Construction Company wins $203m desalination contract

News follows announcement that Asilah is design, building and funding an IWP in Aseelah. A contract for a key desalination plant in...

Emaar Malls announces net profit of $300m during H1 2018

Results are an 8% increase from the $278m registered in 2017. Emaar Malls, the shopping malls and retail business of Emaar Properties,...

District One of Mohammed Bin Rashid Al Maktoum City begins work on Phase Three

Developer says project has commenced machinery and department mobilisation and that piling works have progressed. Mohammed Bin Rashid Al Maktoum City, District...

ePROMIS ERP upgrade is progressing at Darwish Engineering Emirates

ERP software implementation is "advancing steadily" as per the project plan. Approved Content Darwish Engineering Emirates, a leading general contracting company in...

Oman to set up its first smart city in SEZ in Duqm

Oman is working with South Korea on the project, the latter is credited with developing the world’s first smart city. Oman has...

The Big 5 Heavy to be held with The Big 5 in November 2018

Organiser says growing demand for heavy equipment and creating one consolidated construction event the reasons behind second edition this year. The Big...

Al Faris executes biggest-ever lift with 404t generator at Dubai power plant move

Crane services major deploys 1,000t Liebherr LR 11000 crawler crane for giant single lift. Dubai-based regional crane services heavyweight, Al Faris, recently...

Al-Bahar delivers 17 material handling machines to Kibson

Tailored solutions and support agreement for Dubai-based foodstuffs major’s storage facility expansion. Al-Bahar, the Caterpillar dealer in the GCC region, has delivered...