The drop in revenue is attributed to a sharp fall in average realised price/tonne as well as higher than estimated cost of goods sold.
Source: New feed
CBRE: Residential rents decline further in Q4 2016
The residential sector is expected to see more stable sales pricing during 2017 as sentiment slowly starts to improve
Source: New feed
GE: Industrial internet could save $81bn per year
Digital efficiency applications have the potential to help industry save $81bn per year in fuel costs, and close the global carbon gap by almost 30%, according to a GE white paper
Source: New feed
Savills and Evolve Real Estate ink partnership
Under this new agreement Savills, a UK company founded in 1855, will now operate additional services in Bahrain, covering lettings, sales and property management
Source: New feed
Work on Phase 3 of MBR solar park to begin Jan end
A Masdar-led consortium was selected last June by DEWA to develop what will be the world?s largest solar park on a single plot on completion
Source: New feed
Qatar eyes investment in Nepal projects
Nepal?s foreign minister Prakash Sharan Mahat said that Qatar is seeking collaboration and investment in his country?s hydropower, hospitality, tourism and telecom sectors
Source: New feed
Al Tayer debuts Ford compactor truck at EcoWaste
Premier Motors presents Ford truck equipped with RosRoca refuse compactor at EcoWaste 2017
Source: New feed
Qatar Rail reveals designs for LRT, Metro projects
Long awaited, designs for both the Doha Metro carriages and the Lusail Light Rail Transit (LRT) trams have been revealed by Qatar Rail
Source: New feed
Abu Dhabi: Aldar's Ansam, Al Hadeel near finish
Yas Island?s Ansam and Al Raha Beach?s Al Hadeel move closer towards completion and handover in 2017
Source: New feed
Dubai Clean Energy Strategy 2050 on track
The plan, which seeks to make Dubai a global centre of clean energy and green economy, was officially launched in 2015
Source: New feed