Deyaar Development to proceed with capital restructuring plans following shareholder and SCA approval

Deyaar Development, a Dubai-based property developer and real estate service provider, has announced that it will proceed with capital restructuring plans, having...

Machinery

Haulotte reports 19% fall in first quarter revenues

Powered access major Haulotte saw a 19% drop in revenues in the first quarter of this year compared to the same period...

Consultant

Amlak reports 14.5% rise in income for 2019

Amlak International, the Saudi non-banking real estate lender, has announced positive results for 2019, reporting a 14.5% growth in net income to...

Construction

Ducab Group posts 5% climb in overall profits for 2019

Ducab Group, one of the UAE’s largest manufacturing businesses, has announced a 5% climb in overall profitability in 2019, driven by gains...

Construction

Saudi contractor Salem Belhamer GC expects 25% to 30% growth rate in coming years

Salem Balhamer General Contracting Company, the Saudi-based contractor, has announced it has registered a 7% growth in the 2019-2020 financial year, and...

Construction

Volvo CE reports 5% rise in 2019 sales

Volvo Construction Equipment (Volvo CE) has reported an increase of 5% in sales for the full year 2019 compared to the year...

Construction

Arabtec Holding outlook positive despite losses of $211mn in 2019

Arabtec Holding has announced its financial results for 2019, reporting a net loss of $211 million (AED 774 million), following its $119.1...

Construction

Aldar Properties reports 7% y-o-y increase in net profit for FY2019

Aldar Properties, the Abu Dhabi-based developer, has reported a 7% year-on-year increase in its net profit for the full year 2019 of...

Construction

Deyaar reports fall in revenues for 2019 after release of financial results

Deyaar, the Dubai-based property developer and real estate service provider, has announced its financial results for the year ended December 31, 2019....

Construction

Al Ghurair Properties says it has doubled year-on-year top-line performance in 2019

Al Ghurair Properties, the real estate development arm of Al Ghurair Investment, has announced significant company growth in 2019 with the doubling...