Magazines
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Nakheel unveils three-year plan for Dubai projects worth $3.8bn
Dubai ruler Sheikh Mohammed briefed on developments, which include extensions to Dragon Mart and Ibn Battuta Mall. The Dubai developer Nakheel has unveiled...
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Abu Dhabi gets 906 new apartments as Hydra towers complete
First phase of Hydra Avenue development on Reem Island is completed, developer says. Three towers comprising 906 apartments on Abu Dhabi’s Reem...
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Ritchie Bros sells $3.35m Liebherr crane in auction record
Price obtained for all-terrain crane in $54m equipment selloff beats auctioneer’s record in the category. An equipment sale by Ritchie Bros. Auctioneers has...
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Dubai Investments Park plans eight new hotels, serviced apartments
Community owner sees ‘surging demand’ due to proximity to Al Maktoum Airport and Expo 2020 site. Dubai Investments Park (DIP) plans eight new...
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Kuwait’s ILC buys 10 Grove GMK4100L cranes
Kuwait’s largest crane-rental company adds a total of 17 Grove cranes to its fleet. Kuwait’s Integrated Logistics Company (ILC), one of the...
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Bobcat S450 skid-steer loader launches in Kuwait
Around 150 guests attend launch by Bahrah Trading Company. The Bobcat S450 has officially launched in Kuwait, at a large open day...
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Liebherr buys Hong Kong tower-crane dealer from Shriro Group
Deal includes hire fleet and the transfer of the Asian operation’s sales and service staff. Liebherr has purchased its Hong Kong-based tower-crane...
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Damac shares rally in Dubai on London tower plans
Dubai property developer says it is considering an equity stake in a 50-storey project, in what would mark its entry into the...
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Damac opens two hotels near Burj Khalifa in Dubai
Property firm says it has opened five hotel-apartment developments in last 14 months. The Dubai-listed developer Damac says it has opened two hotel-apartment...
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Arabtec shares rally as first phase of $40bn Egypt deal approved
Shares in the Dubai builder rose by more than 5% after 100,000 housing units get green light by Egyptian government. Arabtec shares on...
