The company had announced in July 2015 that it would invest $1.6bn in Terminal 4, which was to be completed by 2018
Source: New feed
Month: August 2016
Terex Gets Antitrust Approval for Sale of Unit to Konecranes
In the latest development following an abandoned merger between two major global equipment makers, U.S.-based equipment maker Terex Corp. has received approval from antitrust regulators in the U.S. and the European Union to sell its material-handling and port solutions (MHPS) business unit to Finnish-based Konecranes.
Source: New feed
Dubai: DP World's H1 net profit up 50% to $608m
The company?s revenue growth was supported by the acquisitions of Jebel Ali Free Zone (UAE) and Prince Rupert (Canada)
Source: New feed
First Half 2016 Commercial and Multifamily Construction Starts Reveal Increases For Many But Not All Metropolitan Areas
A ranking of the top U.S. metropolitan areas by the dollar amount of construction starts for commercial and multifamily buildings shows that the New York NY metropolitan area continued to lead the nation during the first half of 2016.
Source: New feed
Atlas Copco wins first MENA order for mega breaker
Atlas Copco delivers the first HB10000, the world’s largest commercial breaker, in the MENA region, to a cement producer in Saudi Arabia
Source: New feed
UAE: EGBC to run courses on sustainable buildings
The Emirates Green Building Council is running a series of courses in Dubai over the coming months on sustainable buildings and neighbourhoods
Source: New feed
Ajman Ruler views Martyrs' Square project layout
Martyrs’ Memorial in Ajman will be one of the signature landmarks in the emirate and the design will reflect the value of the martyrs
Source: New feed
Saudi: No "foul play" in Mecca crane crash
The BIP has so far investigated more than 80 engineers and technicians and reviewed several reports including one on the safety procedures and the maintenance of the crane
Source: New feed
Trox ME appoints business development manager
Eion Crowley has moved from the HVAC manufacturer’s UK office where he has worked for six years to take up his new role
Source: New feed
Saudi: New building rules for small, medium cities
Saudi Arabia has approved a set of construction requirements for projects with heights of up to 12 floors in small- and medium-sized cities
Source: New feed