Sunday 19 April 2015
 
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Construction

GCC construction boom drives softwood demand

Demand for timber and timber products is expected to witness unprecedented growth in the GCC region on account of the booming construction sector, according to a report by Ventures Middle East. With the total value of GCC building

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Dubai invites bids for metro line extension

Dubai's Roads and Transport Authority (RTA) has invited  expressions of interest from major companies and consortiums for the construction of a metro line connecting the existing Red Line on Sheikh Zayed Road from Nakheel Harbour and To

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Volvo ME riding high on new gearbox technology

Volvo Trucks Middle East, which has posted solid growth in the Middle East, said enhancements to its cutting-edge I-Shift gearbox have positively impacted the region's trucking industry. Characterised by its fast gear changing capab

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Volvo ME riding high on new gearbox technology

Volvo Trucks Middle East, which has posted solid growth in the Middle East, said enhancements to its cutting-edge I-Shift gearbox have positively impacted the region's trucking industry. Characterised by its fast gear changing capab

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Oman’s construction activity drives hardwood demand

The fast-paced construction activity in Oman has driven the demand for hardwood, generating a strong interest from Omani visitors to an upcoming leading timber and wood machinery show to take pace in Dubai next week. The 10th edit

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Kuwait crane rental firm in Grove fleet expansion

Integrated Logistics Company (ILC), a leading crane rental company in Kuwait, said it has purchased 10 Grove GMK4100L heavy-lifting cranes in line with its fleet expansion strategy. The Grove cranes work on a variety of projects i

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Bahrain backs projects with green technologies

Bahrain is to step up its support for construction projects that promote green technologies, a senior minister said yesterday (April 6). Works, Municipalities and Urban Planning Affairs Minister Essam Khalaf said the need of the h

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Korea's Hanwha wins $2bn Iraq construction contract

South Korea's Hanwha Group has won an order worth around $2 billion to build additional infrastructure in Bismayah region of Iraq, said a company spokesman on Monday. The construction will be carried out by Hanwha Engineering

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Arabtec profit on Egypt project 'won't top 7.5pc’

Dubai-listed construction firm Arabtec will have a profit margin not exceeding 7.5 per cent for its project to build homes in Egypt, a company spokesman said on Saturday. He also told Reuters that within six months of work on the

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Al Jaber Group suspends CFO

Abu Dhabi's Al Jaber Group, which restructured substantial debt last June, has suspended its chief financial officer (CFO) ahead of disciplinary action, the conglomerate said on Wednesday. Sam Deeb, the group's CFO, was ap

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