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Dubai Caterpillar dealer inks $700m loan dealUnatrac Holding Limited (Unatrac), one of the largest dealers of Caterpillar Inc. (CAT) machinery, said it has successfully signed a new $700 million syndicated three year revolving credit facility. More… |
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UAE stadium project reaches new milestoneThe first construction phase of a mixed-use scheme in Al Ain, UAE, masterplanned and designed by global architecture, urbanism and design practice Broadway Malyan, has reached a critical milestone with the toppin More… |
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Dispute Board Mena launches new websiteDispute Boards Mena, a key provider of information relating to construction industry dispute boards with a focus on the Middle East and North Africa, has launched its new website. With the launch of the website, Dispute Boards Men More… |
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New labour laws affect construction sectorAbout 50 per cent of labourers in Saudi Arabia have been forced quit the construction sector because of new labour laws, according to a report. Experts attribute the exodus to irregularities in the visas issued by the contracting More… |
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New labour laws affect construction sectorAbout 50 per cent of labourers in Saudi Arabia have been forced quit the construction sector because of new labour laws, according to a report. Experts attribute the exodus to irregularities in the visas issued by the contracting More… |
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Brazilian exporters explore opportunities in LebanonA group of Brazilian exporters, led by the Arab Brazilian Chamber of Commerce (ABCC), are taking part in a construction trade exhibition that started yesterday in Beirut. Project Lebanon 2013, the 18th edition of the international More… |
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Saudi Binladin plans local currency sukukSaudi Binladin Group, one of the largest construction firms in the kingdom, is meeting investors over a potential local currency Islamic bond sale, two banking sources aware of the deal said on Monday. More… |
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Work begins on Bahrain's new 128-villa projectKuwait-based Al Zamil International Real Estate Company, a leading sharia’h compliant property developer, has commenced construction work on a BD13 million ($33.60 million) new housing project in Bahrain. More… |
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Libya to invest $140bn in new projectsLibya is expected to invest $140 billion in projects over the next decade as the country embarks on building a sustainable future. Among these projects is Gecol’s capacity building programme in the power More… |
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Saudi awards $13bn construction contracts in Q1Saudi Arabia has awarded SR49.1 billion ($13.1 billion) worth of construction contracts during the first quarter with the lion's share going to the healthcare and petrochemical sectors, said a report. These projects indicate t More… |
