Nonperforming loans to rise to 2.5% of gross loans in 2017 as construction sector continues to face mounting challenges
Source: New feed

The self-financed move was supported by Mott MacDonald which acted as an independent technical advisor
Source: New feed

The first data centre will be constructed at DXB in 2017, with both facilities due to provide a stable environment allowing Dubai Airports to host its private cloud
Source: New feed

The third quarter of 2016 saw office rents steadily decrease across most of the city with JLT seeing no change from Q2
Source: New feed

All nominations for the <i>Construction Week</i> Awards 2016 must be submitted by the end-of-business tomorrow
Source: New feed

Axalta Coating Systems has established an office in Dubai’s Jebel Ali Free Zone to serve its customers across the Middle East and North Africa
Source: New feed

Kuwait?s parliament was dissolved and its cabinet resigned following disputes over cuts to subsidies
Source: New feed

Manny Sagar joins Macro from DTZ India, where he worked as managing director for two years
Source: New feed

The UAE?s Ministry of Human Resources and Emiratisation raided labour accommodations and worksites, and discovered various wage violations by employers
Source: New feed

Peoria, Ill.-based equipment maker Caterpillar Inc. announced Oct. 17 that its CEO and chairman Doug Oberhelman will retire from the company in March, 2017. Oberhelman has been with Caterpillar for 41 years, and was appointed CEO in 2010. 

Source: New feed