Interested companies need to be multinational, must show that they have been operating for at least a decade, and should have a presence in at least four countries to qualify
Source: New feed
Author: constructionlead
Egypt signs $109m gas turbine deal with Mitsubishi Hitachi
Source: New feed
Renault to boost production capacity by 150,000 in Iran
XGroupe Renault plans to form a joint venture company with the IDRO and Negin Holding to establish a 150,000-capacity vehicle production plant in Iran
Source: New feed
Kuwait authority opens 200ha waste recycling centre
Source: New feed
Eshraq awards $39m contract for Abu Dhabi tower
Al Sweidi and Shams Contracting has been awarded the main construction contract for Marina Rise, a 233-unit residential project due to be completed in 2019
Source: New feed
Western Furniture partners with Abu Dhabi Housing Authority
Furniture supplier to kit housing project with solid wood sofas, dining tables, and beds
Source: New feed
UAE’s DP World forms joint venture with Egypt’s Suez Canal
DP World is looking at establishing a dedicated industrial and trade logistics district in Egypt’s Suez Canal Economic Zone
Source: New feed
Dodge Momentum Index Stumbles in July
The Dodge Momentum Index fell in July, dropping 3.3% to 135.0(2000=100) from its revised June reading of 139.6.
Source: New feed
Construction Economics for the Week of August 14, 2017
ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics
Source: New feed
Equipment Makers, Rental Firms Report Strong 2Q Sales
With signs of rising activity in the U.S. and China construction markets, global equipment manufacturers reported strong sales in the second quarter of 2017, following a period of consolidation and reorganization.
Source: New feed