Construction MENA Edition
Latest News
Swiss engineer ABB's earnings offer some relief as U.S., China weaken
ABB expects robotics market to remain difficult
Caterpillar profit falls 13.5%; cuts 2019 profit outlook
Total sales and revenue fell 5.6%
Dubai sells more properties below $400,000; investors prefer off-plan projects
Off-plan accounted for a bigger share of transactions for properties priced below AED 3 million
Operation of Oman’s flagship Industrial City to be privatised in two years
Transformation to a PPP model with Rusayl Industrial City being the first industrial park that will be transformed into a company
Linesight to deliver AXA’s new building by year-end
The new AXA tower is situated within the Bahrain Bay development
McDermott wins contract for Amiral mixed feed cracker in Saudi Arabia
The deal will be on the world’s largest mixed feed crackers
Dutch group OMA unveils Kuwait residential tower design
Its design consists of five residential blocks forming a stepped sequence
Emerging Sharjah's demand for residential projects surges in Q2: Savills
Tenants living in Central Sharjah prioritise affordability, unit size and payment flexibility
UAE's Masdar wins bid to develop Uzbekistan solar project
The project will be located in the Navoi region of Uzbekistan.
UAE banks weighing proposed caps to property lending
UAE bank lobby is proposing limits on bank lending to the real estate sector to protect them from being overexposed to sector
Insights
Tailoring L&E investments in GCC could generate $3.4bln annually: study
GCC countries are investing significantly to develop leisure and entertainment sectors to improve quality of life
Nuclear energy too slow, too expensive to save climate - report
World nuclear capacity at 370 GW peak, set to decline
