Construction

CAT to launch eight machines at CONEXPO-CON/AGG 2017

C10681605At CONEXPO-CON/AGG 2017 in Las Vegas from 7-11 March 2017, Caterpillar will present its extensive line of machines and technology along with eight Cat machines making their public debut at the show

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Integrated Logistics Company expands fleet with Terex cranes

terexIn a massive fleet expansion, logistics provider in Kuwait – Integrated Logistics Company – has taken delivery of a new Demag CC 3800-1 crawler crane, 20 Terex AC 100/4L all terrain cranes and 10 Terex Explorer 5600 all terrain cranes

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‘Saudi Arabia to see slow but better construction growth in 2017’

Riyadh stephendownes flickrA recently released report forecasts that Saudi Arabia will witness an overall construction growth of 1.9 per cent year-on-year for 2017

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Middle East sees hike in hotel rooms, Saudi Arabia registers highest growth

makkah khalilsawant flickrApproximately 159,922 rooms in 560 projects are under contract in the Middle East and 58,878 rooms in 316 projects under contract in Africa, shows STR’s November 2016 Pipeline Report

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‘Low oil prices has lowered GCC projects market in 2016’

Bahrain1 Rory flickrThe GCC projects market is expected to record at best US$120bn worth of contract awards in 2016, down by at least a third on 2015 levels and well below what was initially forecast, as low oil prices severely impact government expenditure, according to a new report

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