Tabreed acquires 80% stake in Emaar’s Downtown Dubai district cooling business for $675mn

The UAE-based National Central Cooling Company (Tabreed) has said that it has reached an agreement with Emaar Properties, the Duba-based developer, for...

Construction

GFH Capital acquires diversified US hospitality portfolio worth $250m

GFH Capital, the Dubai-based subsidiary of the GFH Financial Group, has acquired a diversified US hospitality portfolio worth $250 million, in partnership...

Construction

Masdar acquires ‘major’ stake in Hero Future Energies

Masdar has acquired a major stake in Hero Future Energies (HFE), an India-based clean energy firm. The strategic investment will enable HFE...

Construction

Axalta to acquire UAE-based Capital Paints

Global liquid and powder coatings manufacturer Axalta has entered into a “definitive agreement” to acquire Capital Paints LLC, a UAE-based thermosetting powder...

Atkins snaps up US nuclear safety firm for $15m

Atkins has completed the acquisition of Nuclear Safety Associates (NSA), a US-based engineering and technical services firm, for an initial cash consideration...

Construction

WSP lands Parsons Brinckerhoff for $1.35bn

Technical consultant WSP has confirmed it will acquire professional services consultant Parsons Brinckerhoff from Balfour Beatty in a deal worth $1.35bn. Canada-headquartered...

Construction

Arabtec to complete Target Engineering acquisition

[caption id="attachment_14513" align="aligncenter" width="399"] Arabtec will complete its acquisition of Target Engineering within the next few days.[/caption] RELATED ARTICLES: Arabtec Holding ME denies...

Construction

Emirates Extrusion acquires AKFA’s aluminium plant

Emirates Extrusion Factory (EEF), a subsidiary of the private equity arm of Dubai Investments, Masharie, has acquired a production facility for aluminium...