There will be an increase in arbitration cases in the GCC construction sector from mid-2017 due to tightening liquidity in the region
Source: New feed
Author: constructionlead
Sarens orders 18 Demag all-terrain cranes
Sarens purchases 18 of the new five-axled Demag all-terrain cranes relaunched at Bauma 2016 for its fleet
Source: New feed
Daimler board names new head of trucks and buses
The supervisory board of Daimler AG has appointed Martin Daum as the member of the board responsible for its commercial vehicles, effective March
Source: New feed
Qatar: Mondrian Hotel set to open in Q2 2017
After numerous delays, Doha is set to open another luxury hotel, the Mondrian Doha, which is expecting a soft launch during Q2 2017, its owners announced
Source: New feed
McDermott secures $34.1m net profit in 2016
Revenues earned in 2016 totalled $2.63bn, a decrease of $434.3m, compared to $3.07bn in the previous year
Source: New feed
Parsons makes security and intelligence hire
Parsons has appointed Robert J Miller III to the position of director of business development for its Security & Intelligence Division
Source: New feed
Saudi: Ssangyong, SNAM ink local production deal
Saudi National Automobile Manufacturing Co has signed a licensing contract with Ssangyong Motor to manufacture vehicles locally in Saudi Arabia
Source: New feed
UAE fuel prices to increase in March 2017
Super 98 Octane and diesel will cost more than AED2 per litre as "positive indicators" are witnessed in the global crude sector
Source: New feed
Meethaq, DMC ink deal for drug manufacturing unit
Drug Manufacturing Company (DMC) will manufacture pharmaceutical products, including active pharmaceutical ingredients (APIs), intermediates, and formulations
Source: New feed
Tender Board chief inaugurates Ladies Mall in Oman
The retail facility in Awqad, developed exclusively for women and children, features a theatre, restaurants, shops, and a nursery
Source: New feed