OCI NV to sell 50% stake in Besix

RELATED ARTICLES: Holcim buys out Lafarge to create world’s largest cement maker | Arabtec to undertake housing project worth $40bn in Egypt |...

Construction

Zahid sells first Bauer BG39

[caption id="attachment_6758" align="aligncenter" width="300"] The BG39 drill rig is 33.4m high[/caption] Zahid Tractor’s rental division has sold its first Bauer BG39 drilling...

Construction

MidEast needs $4.3trn to build infrastructure

The Middle East needs $4.3trn to build infrastructure that will help accelerate economic growth and help create jobs for 50 million people...

Construction

Middle East to award contracts worth $159bn

[caption id="attachment_13447" align="aligncenter" width="448"] Project owners and contractors are scrambling for project financing as new regulations come into force.[/caption] RELATED ARTICLES: KSA contractors...

Construction

PwC report predicts increased ME project investment

A Price Waterhouse report has said that investment in Middle Eastern projects is projected to increase next year. Titled 'Delivering the Middle...

Construction

Hewlett launches Oman operations

Hewlett Construction Company, the UK based firm, has set up operations in Oman as it looks to tap into the burgeoning power,...

Construction

Bauer reaffirms forecasted earnings

Bauer has reaffirmed its forecasted revenue and earnings for the current financial year and will enter the fourth quarter with high levels...

Construction

BIM adoption‘s two-tier industry threat

[caption id="attachment_12622" align="aligncenter" width="300"] BIM in the Middle East is spread very unevenly across the different construction sectors.[/caption] RELATED ARTICLES: Change GCC's mentality...

Construction

Regional cork demand to grow 10% YoY

[caption id="attachment_12566" align="aligncenter" width="453"] Demand for cork in the Middle East is set to rise by 10% annually.[/caption] RELATED ARTICLES: 70% of UAE...

Construction

Hill International VP calls for fundamental change

[caption id="attachment_12424" align="aligncenter" width="446"] David Brodie-Stedman says contractor fundamentals need to change.[/caption] The best international contractors are being driven away from opportunities...