The company will be holding its Board of Directors meeting in Abu Dhabi on Monday, and therefore shares would not trade from 11.30am until results are disclosed
Source: New feed
UAE: Ducab unveils fire testing lab for cables
Ducab?s fire performance cable testing laboratory will enable the manufacturer to perform in-house testing on its Flam BICC and NuBICC cables
Source: New feed
KBW Investments, Basma ink JV for real estate
The newly-established company will draw on the vast experience of its founding parties and the breadth of their diverse commercial portfolios
Source: New feed
Equipment rental market to hit $75bn by 2024
The value of the construction equipment rental market is expected to pass $75bn by 2024, according to a report published by Global Market Insights
Source: New feed
Siemens to develop 3D-printed parts for Etihad
Under the partnership, a pilot project will develop 3D-printed solutions for aircraft cabin interior products for UAE’s national carrier, Etihad
Source: New feed
China, Saudi JV to build aluminium plant in Egypt
Actual operations will take place within nine months from the start of construction; the new factory will include four production lines in addition to a line for paint
Source: New feed
Cat 980L wheel loader cuts fuel consumption by 25%
Caterpillar?s next generation 980 wheel loader delivers 5% more power and consumes 25% less fuel than its predecessor
Source: New feed
Abu Dhabi: Masdar, ADSSC sign MoU for tunnel works
The two entities signed an MoU as part of the Strategic Tunnel Enhancement Programme (STEP), one of the longest pipeline infrastructure projects in the world
Source: New feed
Qatar set to introduce PPP law in early 2017
With oil prices still relatively low, many governments around the Gulf are increasingly looking to the private sector to partner on large-scale infra projects
Source: New feed
Dubai: Fewer handover of units expected in 2017
Officially, 31,000 units are scheduled for completion this year, but like propertyfinder.ae, JLL also expects actual deliveries to be lower than announced
Source: New feed