HCME highlights ME and Africa in product launch

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MAN ME revenue $1.28 billion in the last two years

German bus and truck manufacturer MAN has taken $1.28 billion in revenue from the Middle East region over the past two years....

Lonking issues profit warning as Chinese construction growth slumps

One of China’s biggest construction machinery manufacturers has warned that weakening demand will slash its profits in the first half of 2012....

Missing $3 million leaves Hastie workers stranded in Oman

Expat workers employed by Australian construction company Hastie Group have been left stranded in the Middle East after the company fell into...

Qatar to issue new tourism law to establish infrastructure for 2022 World Cup

Law will give Qatar Tourism Authority to give permission to investors to build tourism related infrastructure. Qatar is set to issue a...

DM signs MoU to advance sustainable construction

Tie up with Dow Chemical will see organisations conduct ongoing research and push for better codes. Dubai Municipality has signed a memorandum...

Nakheel announces $98.6m in profits for first quarter of 2012

Developer says that results due to handover of more properties and strong performances from retail and leasing operations, adds that results indicate...

Makkah municipality to provide housing for 600,000 residents

Dhaheyet Somu Project is part of the Bawabat Makkah project that will be developed over 15 years. The municipality of the holy...

JCB rolls out new machines for Middle East

New products specifically targeted at the Middle Eastern markets, manufacturer says. UK-based construction equipment maker, JCB has launched new products, specifically targeting...