Komatsu, the world?s second largest OEM, purchases US-based mining specialist Joy Global
Source: New feed
Saudi realty sales fall to 10-year low
Real estate experts said the drop is caused by the new white land fees regulation, which requires owners of empty undeveloped land to pay a 2.5% yearly fee on the value of their property
Source: New feed
Artar guarantees Q2 2018 delivery for Mada units
Saudi Arabia?s Artar Real Estate Development has guaranteed that all 193 units at its Mada Residences project in Downtown Dubai will be delivered in Q2 2018
Source: New feed
Here's what Dubai Steps project will look like…
The 25-storey structure is set to reach 100metres into the sky – with speculation that the monument will be located near Union Square
Source: New feed
Bahrain's Alba reports 45% fall in Q2 net profits
The company aims to become the world’s largest single aluminium smelter complex, boosting its annual output by 540,000 tonnes
Source: New feed
Iran plans for 83 new production facilities
Iran seeks $60m to more than double the country?s capacity to produce petrochemicals, complete 55 unfinished projects and build 28 new production facilities
Source: New feed
Water-efficient Grohe taps fitted at Sisli Mosque
Cost savings achieved through the installation of Grohe Ecojoy taps at Turkey?s ?i?li Mosque were used to create 1,000 Ramadan packages for those in need
Source: New feed
Royal HaskoningDHV wins Saudi logistics park deal
Tusdeer Khumra Logistics Park will facilitate the movement of all commodities into the kingdom
Source: New feed
Panama Canal enlists waterproof Thyssenkrupp lifts
Thyssenkrupp has supplied 14 waterproof elevators, capable of descending to a depth of 50m below sea level, for use at the Panama Canal expansion
Source: New feed
Saudi has most hotels under construction in MENA
Saudi Arabia currently has 35,770 hotel rooms under construction in 81 hotels, according to the June figures
Source: New feed