Nakheel awards $1m contract for Deira Islands sewage work

Nakheel has awarded a contract worth AED 4million ($1m) for work on a sewage treatment plant (STP) at Deira Islands in Dubai,...

Fleet

FAMCO UAE makes final of Volvo CE competition

The latest edition of the Volvo Construction Equipment (CE) Masters competition, which took place in Konz, Germany, from May 31 to June...

Property

Qatar buys Singapore office tower for $2.45bn

Singapore’s Asia Square Tower 1, located in the Marina Bay business district, has been sold by a BlackRock-advised fund to the Qatar...

Construction

Dubai’s Meydan Group secures $272m funding

Meydan Group has secured AED1 billion ($272 million) in financing from a consortium of banks which will be used to fund a...

Machinery

Ritchie Bros.’ Dubai auction: What did it sell for?

Promotional content – supplied by Ritchie Bros. At Ritchie Bros. auctions, everything sells to the highest bidders on auction day. Only the...

Construction

Cayan’s CMC Tower nears completion in Riyadh

The CMC Tower, a mixed-use commercial building under construction in Saudi Arabia, is close to completion and construction works are running ahead...

Construction

Aldar launches e-procurement portal

Aldar Properties has announced the launch of an online e-procurement portal, which will enable it to automate routine procurement tasks and facilitate...

Fleet

UD Trucks brings new Quester range to Saudi Arabia

UD Trucks has launched its new Middle East-focused range of Quester trucks in Saudi Arabia through Rolaco Trading and Contracting Holding, its...

Construction

Dubai’s KBW Investments buys Grayscale Interiors

KBW Investments has announced the signing of a majority acquisition of Grayscale Interiors, a UAE-based company that specialises in interior fit-outs. The...