United Engineering will begin the construction in the third quarter of this year, with completion scheduled for 2020
Source: New feed
Month: April 2017
Komatsu completes $3.7bn acquisition of Joy Global
Japanese equipment giant consolidates global number two equipment manufacturer with major acquisition of US mining specialist
Source: New feed
Schon, Al Hamad Group announce JV on $870m project
Schon Properties and Al Hamad Group have announced a joint venture to develop the $870m iSuites
Source: New feed
Emirates REIT to boost Dubai real estate market
The launch of Emirates NBD’s real estate investment trust (REIT) is expected to help improve liquidity and enhance flexibility in Dubai’s real estate market
Source: New feed
The Industrial Group names new vice chairman, COO
Manufacturing company The Industrial Group has announced the appointment of Dr. Sameer Al Ansari as vice chairman and chief operating officer
Source: New feed
UPC to set up community amenities in Abu Dhabi
UPC?s initiative will see it work with developers in the city to construct mosques, parks, playgrounds, and sports facilities in Abu Dhabi
Source: New feed
ABB appoints new managing director for GCC region
Technology firm ABB has appointed Mostafa AlGuezeri as the new managing director for its operations in the United Arab Emirates and Gulf countries
Source: New feed
UAE: Aldar’s Ansam and Al Hadeel nearing handover
Aldar Properties is entering into the final stages of development for Yas Island’s Ansam and Al Raha Beach?s Al Hadeel
Source: New feed
Ongoing FM contracts worth $1bn, EFS chief reveals
Contract wins worth $200m secured in 2017 across the UAE, Saudi Arabia, Qatar, and India have spurred the company’s backlog to $1bn for the first time in its history
Source: New feed
Case produces 10,000th compactor in India plant
Case Construction Equipment India factory celebrates vibratory compactor production milestone amid the highest monthly sales volumex for the product in 25 years of operations
Source: New feed