Moving cranes from UAE to KSA pushes Arabtec into loss

Arabtec, one of the UAE’s largest contractors, claims the costs of moving cranes and equipment into the Kingdom of Saudi Arabia has...

Al Futtaim Engineering signs MEP deal for 250 schools

Contract will see firm providing HVAC maintenance services to schools across Dubai and the Northern Emirates. Al Futtaim Engineering, a multi-disciplinary engineering...

TDIC launches Phase I residences at Eastern Mangroves

Developer plans to have first tenants start moving in by December 2012. Abu Dhabi’s master developer Tourism Development & Investment Company (TDIC)...

Raysut Cement net profit surge 54% in H1

Increased demand from export markets and improvement in cement prices prompted surge. Omani cement producer, Raysut Cement has reported a 54% growth...

Indians are top buyers in Burj Khalifah

Dubai Land Department data says foreign investors bought 36% more real estate assets in the emirate. According to data by the Dubai...

EMAL launches Phase II of expansion plan

Expansion project will cost $4.5bn and will be the world's largest single-site smelter once completed. Emirates Aluminium (EMAL) has announced the first...