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...

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...

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...

DEWA commissions 2MWp solar carport

Project will enable a reduction of 1,500 tonnes of carbon emissions annually. The Dubai Electricity and Water Authority (DEWA) has commissioned a...

Global construction equipment sales to grow in 2018 – report

Off-Highway Research projections include low level expansions in Middle East market . Total sales of construction equipment are expected to touch one...

New region-specific coolants heat up ACDelco range

ACDelco says it will compete on quality and price in a region. ACDelco says it has increased its range of coolants and...

Yousef Al Mulla to take over as DSI Group CEO as firm announces Q2 losses

Company reportedly dismisses social media rumours that it is going to suspend shares listing. UAE-based engineering and construction contractor has announced that current Group...