Atlas Copco Sells Off Roadbuilding Unit, Plans Spinoff

Swedish-based construction and mining toolmaker Atlas Copco is selling its roadbuilding equipment division to Fayat Group and will purchase a German manufacturer of drum-cutter attachments for excavators.
Source: New feed

GCC hotel industry to see return to growth

Increasing numbers of travellers from newer source markets such as India, China and Saudi Arabia will facilitate a return to growth in the region?s hotel industry
Source: New feed