JVC residential projects on track says Bloom Properties

Bloom Properties has said that it has made significant construction progress across its projects in Jumeirah Village Circle in Dubai. The firm...

Construction

Azizi Developments announces that its Aura project is 95% complete

Azizi Developments, the UAE-based private developer, has announced that its residential and commercial complex, Aura, located in Jebel Ali, has achieved the...

Machinery

Euro Auctions reports 150% rise in bidders for Dubai sale on September 28th

Euro Auctions has announced that it will go ahead with its next auction event in Dubai on September 28th where it expects...

Machinery

Construction equipment sales to fall 16% globally due to Covid-19, study says

Sales of construction equipment are expected to fall 16% globally this year due to the effects of the Covid-19 pandemic on the...

Machinery

Ritchie Bros. to hold online-only auction in Dubai this month

Ritchie Bros’ Dubai auctions this month will be an online only affair due to the Covid-19 pandemic, with bidders using the company’s...

Analysis

Insight: The impact of COVID-19 on the utilities industry

As we begin to emerge from a global pandemic that has shaken the entire world and subsequently unleashed a perfect storm on...

Construction

GCC market eyeing mergers and reduction in unit prices, says Saudi real estate company

Real estate developers in the GCC are mulling as much as a 25% reduction in unit prices along with company mergers to...

Machinery

WEG develops anti-viral equipment coating to protect against Covid-19

A new anti-viral coating developed by industrial equipment manufacturer, WEG, claims to makes 99.9% of coronavirus inactive within minutes of contact with...

Consultant

Coronavirus: Intertek Protek launches surface hygiene testing system for UAE businesses

Intertek has launched surface hygiene testing service for facilities and workplaces in the UAE that will examine hard surfaces for traces of...

Consultant

ENBD REIT hedges $108.9mn facility with Mashreq Bank

ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has executed a Shari’a-compliant profit rate...