Cavendish Maxwell acquires majority stake in Property Monitor

The acquisition marks the first move from Cavendish Maxwell in establishing a real estate innovation hub. Cavendish Maxwell, the UAE-based real estate...

Revealed: The 2022 Middle East Consultant Award Winners

The eight edition of the annual event recognised key individuals and companies across 23 categories. 23 winners were recognised last night at...

Akem Group adds two new Raimondi flattops to fleet of tower cranes

The distributor currently has more than 100 Raimondi cranes at work across sites in Turkey, Iraq, and Georgia. Raimondi’s official distributor Akem...

Orascom Construction buys Egypt’s first Potain luffers tower cranes

The MCR295 luffing jib tower cranes are being used for the development of Cairo’s Maspero Triangle district. Egyptian contractor Orascom Construction has...

LIV Developers launches LIV Lux in Dubai Marina

The penthouses will span between 7,000 and 15,000sqft and will feature extensive facilities, the developer said. Luxury residential developer LIV Developers has...

Women and youth entrepreneurship project initiated by Africa Climate Change Fund

Since 2017, the ACCF governing committees are said to have approved 26 projects estimated at US $15.87mn. An initiative to support processes...

Egis agrees to acquire U+A to enhance architecture and design capabilities

The agreement with U+A is the third acquisition announced by Egis in the Middle East region this year. Egis has agreed to...

RTA awards contracts for three all-inclusive truck rest stops in Dubai

The contracts will cover the construction of more than 226,000sqm of accommodation for 500 trucks and heavy vehicles. Dubai’s Roads and Transport...

Byrne Group names new Chief Commercial Officer

The appointee had been leading the company’s operations in UAE and Oman for the past several years. Equipment rental specialist Byrne Group...

Mammoet completes installation of UAE’s three largest gas turbines

The turbines were required for the Fujairah F3 Power Plant project which will incorporate combined cycle technology.. Heavy-lifting specialist Mammoet has completed...