Magazines
-
Hilton, UAE’s Wasl to open two mid-market hotels in Dubai
Signing follows the Middle East debut of the Hampton by Hilton brand. Hilton Worldwide and UAE-based Wasl Hospitality and Leisure have announced...
-
Mining specialist Joy Global pays $123m for equipment maker Montabert
Acquisition relieves Doosan of Montabert, which had sales of approximately $100m in the last fiscal year . Hydraulic breaker manufacturer Montabert has...
-
Dubai’s Damac Properties awards $760m contracts so far in 2015
Contracts awarded by the developer in first five months of year include construction of three hotel-apartment towers. Dubai’s Damac Properties says the...
-
Bayti Homes project in Ras Al Khaimah, UAE nears completion
First 80 homes on $68m development to be ready in November, says developer Al Hamra Real Estate Development. Al Hamra Real Estate...
-
Sharjah, UAQ to sign agreements to cut UAE border delays for trucks
Truck drivers spend more than half their working time at border crossings, hampering trade in Arab world, study finds. Sharjah and Umm...
-
Half a million Dubai workers subject to midday break
Firms violating UAE ban on work during hottest hours of the day face fines of up to $13,600. The UAE’s ‘midday break’...
-
Chinese construction firm ‘eyes $3bn Balfour Beatty takeover’
China Civil Engineering Construction Corporation looking at feasibility of bidding for Britain’s biggest contractor, The Sunday Times reports. A Chinese construction firm...
-
Saudi contractors claim summer work ban adds 8-10% to project costs
National Committee for Contractors says employing night-shift workers requires overtime pay, further adding to labour costs. Saudi Arabian contractors have said that the...
-
Dubai’s Emirates in $5.3m deal to rebrand tower in Portsmouth, UK
Local petition against the Spinnaker Tower in Portsmouth being painted in the airline’s signature red. Emirates has struck a $5.3 million deal...
-
Siemens sees opportunities in Middle East wind energy
Wind power could be cheaper than solar in meeting the Middle East’s energy needs, says Siemens boss Joe Kaeser in wake of...
