Stabilising Libya and Yemen benefit BHEL sales

India’s power specialist BHEL (Bharat Heavy Electricals Ltd) has benefited by a return to “normalcy” in markets such as Libya and Yemen....

Zoomlion partnering with Indian crane powerhouse

Zoomlion has revealed that it has signed a deal with ElectroMech to build its first overseas production plant. ElectroMech is India’s largest...

KSA’s Al-Omaier Trading & Contracting visits SEM in China

One of Saudi Arabia’s biggest contractors, Al-Omaier Trading and Contracting (OTC) recently toured SEM’s (formerly Shandong Engineering and Machinery Company) Chinese operation following...

Shandong interested in Kion: China’s German shopping spree continues

Chinese manufacturer Shandong Heavy Industry Group is in advanced talks to take a 25% of the world’s second largest forklift manufacturer, Kion,...

Caterpillar Oberhelman: Middle East market is “very hot right now”

CEO Doug Oberhelman says that Caterpillar is exporting its China-made machines to the Middle East because the market is “very hot right...

Ramboll posts highest ever revenue figures in H1 for 2012

Middle East contribution boosted by strong performances from Transport and Environment markets. Ramboll, the Danish engineering, design and consultancy firm, announced on...

TAV Airports registers $60.7m net profit in H1 2012

Figures represent the company’s highest ever first half bottom-line after strong passenger growth. TAV Airports, the Turkish airport operator, announced on Friday...

Haramain rail project set for completion by January 2014

480km railway line will pass through Jeddah to serve Haj and Umrah pilgrims more efficiently. Saudi Arabia’s Minister of Transport, Jabara Al-Seraisry...

Construction supports Qatar economic boom

External dangers are expected to impact prices of oil and gas, impacting economy by year end. The research unit of Kuwait Finance...

Two Emaar hotels awarded Green Globe certification

Hotels awarded certification for their adoption of policies and initiatives to minimise environmental impact. Emaar Hospitality Group, a division of Dubai’s Emaar...