Al-Ghodwa helps Iraqi ministry to keep flowing

The Iraqi Ministry of Water Resources has deployed a fleet of JCB machines as it looks to develop crucial waterways in the...

Jabal Omar in talks with banks over financing

12 year loan will be used to refinance the developer's existing $359.9m bridge loan. Saudi developer, Jabal Omar Development Company, is in...

Komatsu launches new excavator

Excavator features improved hydraulic efficiency, improved operator comfort, simplified maintenance to extend component life. Komatsu has launched the 23-tonne PC210LC-10 excavator boasting...

UDC to cut service charges for The Pearl, Qatar

Developer to cut charges by around 33% from July 1, 2012. Developer of The Pearl - Qatar,United Development Company (UDC), has unveiled...

Saudi cement producers to see more growth: report

Cement demand in the Arab world’s largest economy will rise to 49m tonnes and 52m tonnes in 2012 and 2013, respectively. Saudi...

Real estate deals jumps 50% in Q1: KIB

KIB calls for the activation of the role of banks to provide funding for planned residential units. According to a recent report...

Genie targets 15% share of telehandler market

Genie’s Middle East and Southern Africa general manager, Sharbel Kordahi, believes the company can grab a 15% share in the Middle East...

DIRC to handover 2,024 Ritaj units

Low-rise development consists of 1,343 studio apartments, 447 one-bedroom apartments, 194 two-bedroom apartments, and 40 three-bedroom apartments divided across 11 buildings. Dubai...

Al Suwaiket completes work on 46 storey tower

Purely residential building will cater to the high-end market, Mubarak Al Suwaiket says. The Al Suwaiket Group, a Saudi Arabian developer, announced...