Abu Dhabi property developer saw net income surge to $45.35m as compared to $34.11m in 2011. Sorouh Real Estate, which is negotiating...
Aluminium producer said Q2 net profit had dropped by half to $92m due to low prices and high costs. Aluminium Bahrain (ALBA)...
Vacancy rate in the office market has increased by 32% and is expected to rise further. Property consultancy Jones Lang LaSalle (JLL)...
Committee formed to study the region's requirements, including necessary infrastructure. The Saudi Cabinet has announced the establishment of a joint stock firm...
Liebherr’s decision to go direct in terms of its tower crane sales in the UAE allows it to follow the succesful example of the mobile cranes model,...
Saudi Arabia, Oman and Kuwait expected to lead growth, UAE to grow slower. The UK-based Building Services Research and Information Association has...
Petition to quash a final conviction for $1.9m bounced cheque denied by judge. The Dubai Cassation Court has refused a petition by...
New clinker line has provided much needed support to meet expected demand in country. Oman’s second-largest cement manufacturer, Oman Cement has said...
New joint venture to see company tap into the 'high potentia' infrastructural projects market. Oman-based Al Jazeera Steel Products Company is in...
Industrial City will focus on industrial wood products, paper and construction materials. Saudi Industrial Property Authority (MODON) has awarded contracts worth a...