Broadening business horizons

What are the factors driving the transition of a major consultancy into broader international markets? What are the benefits of combining project...

Construction

TECOM breaks ground on US$120m Innovation Hub Phase 2 in Dubai Internet City

TECOM Group has announced that it has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, a US$120.3 million...

Financial

Dubai unveils $56bn budget for 2023-2025 fiscal cycle

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved Dubai's general budget for...

Financial

Arada closes $100mn tap of Sukuk issuance

Developer Arada has successfully closed a US $100mn tap of its existing $350mn sukuk, which was issued in June and listed on...

Property

Union Properties sees net profit for Q2 2022 after healthy performance from subsidiaries

Developer Union Properties has announced its consolidated financial results for the three-month period ended 30 June 2022, with the company seeing a...

Technology

Omnix International announces new VP of Engineering and Foundation Technologies

Simran Bagga has been promoted to Vice President of Omnix Engineering and Foundation Technologies, according to solution provider Omnix International. As part...

Machinery

Sany reveals spike in product growth for international markets

Chinese construction machinery giant Sany launched 128 new products for international markets last year, representing 83% year-on-year growth, the company has revealed....