Magazines
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Ritchie Bros. to host its first Dubai auction of 2016 in March
Over 1,700 items to go under the hammer on March 1-2. Heavy equipment auctioneer Ritchie Bros. is gearing up for its first...
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JLL in agreement to launch Jeddah housing index
Advisory signs MoU with Jeddah Chamber of Commerce. Real estate advisory JLL says it has signed a memorandum of understanding with the...
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Abu Dhabi vehicle maintenance market ‘to hit $1.2bn by 2020’
UAE capital’s roads are currently home to 670,000 cars, buses and trucks. Abu Dhabi’s maintenance service market for cars, buses and trucks...
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RAK Ceramics reports 10.2% increase in annual profits
Gross margin from its core business rose to 29.3%. RAK Ceramics has reported a 10.2% increase in its annual profits, which rose to...
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Dubai’s Nakheel ‘seeks $1.4bn loan to fund projects’
Developer declined to comment on reported talks with banks. The Dubai-based developer Nakheel is looking to borrow AED 5 billion ($1.4bn) from...
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New Muscat airport ‘on track for completion in 2016’
Project was 86% complete at end of last year, Oman official says. Construction of the new Muscat International Airport will be completed...
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Oman ‘may focus on domestic rail rather than GCC network’
Sultanate might use railway system to facilitate sea exports. Oman may focus on building its domestic rail system rather than connecting to the...
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Abu Dhabi’s Aldar ‘monitoring property supply’
Developer watching how many units it releases after ‘slowdown’ in market. Aldar Properties is monitoring its supply of units to the market after...
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Dubai’s RTA to make telematics mandatory for heavy vehicles
Authority is setting up a centre to monitor for violations. Dubai’s Roads and Transport Authority (RTA) is set to make telematics devices...
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Oman’s Galfar Engineering in efficiency drive
Contractor appoints consultancy Roland Berger in attempt to boost performance . Galfar Engineering and Contracting, one of the largest construction firms in...
