BACS consortium enlisted two Terex AC 500-2 all-terrain cranes to facilitate the installation of a launching gantry for one of Riyadh Metro?s light-rail bridges
Source: New feed
Brexit to impact UK investments in UAE real estate
Despite the pound’s sharp decline following the UK’s exit, industry experts expect the impact to be short-lived and unlikely to affect prices
Source: New feed
Faisal Jassim to move production of air terminals
Flowtech Air Distribution will switch from Dubai Investment Park to Dubai Industrial City
Source: New feed
Ashghal notifies roadwork closure and diversion
The closure will be implemented to accommodate the construction of two bridges, along with other vehicle and cycle underpasses on Ashghal?s Al Wakrah Bypass project
Source: New feed
Louis Berger announces appointment of new chairman
Ernest Portfors has been a member of the project management firm’s board since 2008
Source: New feed
Tomini Group launches rental cooling solutions
The Tomini Group has launched Tomini Cooling to provide rental temperature control solutions for commercial operations
Source: New feed
Oman: PDO gets $4bn for new oil and gas facilities
Petroleum Development Oman (PDO) has received a $4bn loan to develop more oil and gas facilities in the country, and plans to invest another $20bn in the next five years
Source: New feed
Abu Dhabi Ports, Agthia sign 25-year lease deal
The contract between the two parties incorporates a 25-year agreement for a 85,700m2 plot of land
Source: New feed
QP transfers some QEZ concessions to Manateq
Qatar Petroleum will transfer operations of some areas of its concession in the Mesaieed Industrial City to the Economic Zones Company Qatar (Manateq)
Source: New feed
UAE elevator market to grow by 3.9% by 2022
6Wresearch’s latest report found the 3.9% CAGR will be driven by metro and airport network expansion projects, and an increasing demand for maintenance services
Source: New feed