Liebherr unveils the LTR 1220 tele-crawler

New crane has a 60m, six section main boom with a 12.2-22.2m bi-fold swing away extension. Heavy machinery manufacturer, Liebherr Group, has...

Dar al-Arkan inaugurates Riyadh’s largest shopping mall

Al Qasr Mall will feature 350 stores, a fun zone, food court and two parking floors. Saudi Arabia’s largest developer by market...

Pacific Ventures to build two real estate developments in Dubai

Developments slated for completion within 18 to 24 months, Indian developer says. India’s Pacific Ventures has announced the launch of two new...

Al Mazaya looking to sell its Dubai projects portfolio

Kuwaiti firm is looking to diversify its sources of revenue and reduce exposure in Dubai due to difficulties with existing infrastructure and...

Nakheel confirms $52.5m in profit payments

Developer swung to profit in the first quarter of this year after registering a loss in the year earlier period, on the...

Bukhatir Group says 15% of Phase I of Tunis Sports City completed

Project scheduled to be completed by 2025 as developer looks to house 30,000 residents. Sports City International, a unit of the UAE...

“Hundreds of millions” of Euros set to flood Middle East

CBRE managing director predicts that the Eurozone crisis will send institutions’ money east, towards the Middle East, as Western markets continue to...

Korea increases access to Abu Dhabi developers

Urban Planning Council aims to set benchmarks with Korean counterpart through cooperation agreement. The Korean Ministry of Land has entered into a...

Ashghal signs nine contracts worth $384m for infrastructure projects

Deals will include work on roads and highways, sewage and schools and nurseries, among others. Ashghal, Qatar’s Public Works Authority, has signed...

Spanish contractor wins two contracts in Oman

Assignia Infraestructuras will build commercial and mixed use developments in Sultanate. Spanish construction and services group, Assignia Infraestructuras, has announced it has...