Leading commercial vehicle manufacturer Daimler nominates Bader Mohammad Al Saad, MD of the Kuwait Investment Authority, for a position on its supervisory board
Source: New feed
Author: constructionlead
Belhasa Intl nabs construction contract from DSP
Phase 2 of Dubai Science Park will house offices, showrooms, laboratories, function areas, and logistics centres, all in one space
Source: New feed
UAE: Arabtec working with boutique investment bank
Arabtec has enlisted the assistance of boutique investment bank, Moelis, to study options for its capital structure, anonymous sources have told Reuters
Source: New feed
LiuGong Machinery appoints new president
Huang Haibo has replaced Yu Chuanfen as president of Chinese construction equipment manufacturer, LiuGong Machinery
Source: New feed
Abu Dhabi Crown Prince visits Museum of the Future
City Tools, an automatic and robotic interactive system, was also inspected as part of the recently inaugurated museum’s tour
Source: New feed
Details of Dubai Opera's Siemens BMS revealed
The day-to-day operations of the 2,000 spectator-capacity building are monitored and controlled by Siemens’ Desigo CC platform and its Desigo SCADA Management System
Source: New feed
New law eases building permit procedures in Dubai
The new law acts to enhance consumer satisfaction and service quality in the field of building permits by establishing a single window for the entire service
Source: New feed
GCC countries to implement VAT in January 2018
Along with the UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain will adopt the new tax which will act as a way to increase non-oil revenues
Source: New feed
Liberty House buys Tata Steel division for $125m
In a deal that looks set to secure thousands of jobs, Liberty House has signed an agreement with Tata Steel UK to acquire its speciality steels business for a total consideration of $125m
Source: New feed
Philips Lighting appoints Middle East, Turkey head
Philips Lighting has appointed Goktug Gur as head of its operations in the Middle East (excluding Saudi Arabia) and Turkey
Source: New feed