SPCC registers 15% fall in revenue for Q2 2021

Southern Province Cement Co (SPCC) has registered a revenue of $76.4 million for Q2 2021, marking a year-on-year fall of 15.3%, higher...

Construction

Union Properties announces $8.82m profit for H1 2021

Union Properties, the Dubai-based real estate developer listed on Dubai Financial Market and its diversified subsidiaries, has announced its consolidated financial results...

Construction

Ecocoast records significant growth in H1 2021 as revenue bounces up by 34%

Coastline, waterway and floating structure engineering specialist Ecocoast says it recorded "a remarkable performance during the first half of 2021, as year-on-year...

Consultant

Damac Properties reports net loss despite rise in revenue

Damac Properties has reported a total revenue of AED 4.7bn for the year 2020, which, though higher than the AED 4.4bn recorded...

Consultant

Union Properties registers accumulated losses of $533.4mn in 2020

Union Properties, the Dubai-based real estate developer, has said that it has registered accumulated losses of $533.4 million in 2020, representing about...

Construction

Grundfos bounces back after COVID-19 revenue slump

Grundfos has revealed that it returned to "stronger sales traction" in the second half of 2020 after having been significantly impacted by...

Machinery

Volvo CE reports 6% rise in net sales for Q4

Volvo Construction Equipment (CE) has announced an improvement in sales and operating income in the fourth quarter of 2020 while reporting a...

Infrastructure

Tabreed sees net profit increase by 13% in Q3 2020

UAE-based National Central Cooling Company (Tabreed) has maintained a strong performance in a challenging environment amid COVID-19 and was able to outperform...