Caterpillar reports 18% fall in revenues for 2016

Global construction equipment heavyweight Caterpillar has announced revenues of $38.5 billion for 2016, a year-on-year fall of 18%. The US-headquartered company also...

Construction

Sheikh Shakhbout Medical City to be handed over in Q4

Work on the $1.08 billion Sheikh Shakhbout Medical City is nearing completion, officials have said, with handover to the Abu Dhabi Health...

Machinery

Case IH celebrates 175 years of production in 2017

Case IH, a global leader in agricultural equipment, is beginning a year of celebrations to commemorate its 175th anniversary at the brand’s...

Infrastructure

Etihad ESCO tenders for region’s largest rooftop solar project

Etihad ESCO, the energy management services provider established by DEWA, has submitted a tender for the largest rooftop solar PV project in...

Construction

HLG awarded Al Garhoud Towers project in Dubai

HLG Contracting has been awarded a contract valued at AED 401 million ($109m) for the construction of Al Garhoud Towers by Dubai...

Construction

Chief projects officer appointed for Al Farwaniya, Reem Mall

Al Farwaniya, the developer of Abu Dhabi’s up-and-coming Reem Mall, has announced the appointment of James Duncan as chief projects officer for...

Consultant

UAE’s BACS market ‘to see 8% growth from 2016-2021’

The UAE’s building automation and control systems (BACS) market is projected to register a compound annual growth rate (CAGR) of more than...

Infrastructure

DP World in talks with China on ‘One Belt, One Road’

DP World is holding talks and meetings with the Chinese government for more cooperation to fulfill the requirements of ‘One Belt, One...

Machinery

Atlas Copco to acquire German drum cutter maker

Swedish construction machinery heavyweight Atlas Copco has announced it will acquire Erkat Spezialmaschinen und Service GmbH, a German manufacturer of drum cutter...