The company will mark products manufactured at the factory with a ?Made in UAE? label and will export 80% of them to Europe and MENA region
Source: New feed
Qatar: Dentons advises Ezdan on $460m financing
The Dentons team was led by partners, Safwan Moubaydeen and Zaher Nammour in Doha, and partner Neil Cuthbert and associate Atif Choudhary in Dubai
Source: New feed
Siemens appoints CEO and CFO for Iraq business
The company has recruited Musab Alkateeb as CEO and Thomas Schmidt as CFO for Iraq business
Source: New feed
Al Sedrah unveils residential project in Oman
Al Sedrah?s residential project in Ras al Hamra comprises 110 apartments ? 40 one-, 65 two-, and five three-bedroom apartments
Source: New feed
Dubai rents to drop with increased supply in 2017
Around 20,000 new homes are expected to be delivered in Dubai in 2017 as increased supply in the property market may push down prices in key areas
Source: New feed
Hill Intl to sell construction claims group
Hill International will sell the group in an all-cash transaction for $147m, with the deal expected to close in approximately 60 days
Source: New feed
Bahrain: Savills auctions Juffair Views for $9.5m
There were three bids for the project during the auction, which started at $9.2m (BHD3.5m)
Source: New feed
Construction Economics for the Week of Dec. 26, 2016
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
Tebodin completes Al Dahra Rice Mill project
The company?s scope of work comprised the Detail Design of the civil facilities, permitting and construction supervision services
Source: New feed
Modified Liebherr crane boosts Expo work by 20%
Liebherr Middle East and Dutco Balfour Beatty engineer machine modification to improve the productivity of piling works at the Expo Village in Dubai
Source: New feed