Construction

According to a new report, tender inflation in the UAE has decreased by 1.5 per cent during the first nine months of 2011 and is expected to remain at the same level for the rest of the year.

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Jotun Paints has launched Jotashield Extreme in Egypt, a superior exterior paint product in response to the growing demand for heat-reflective and eco-friendly concept.

Q3 results round up for Manitowoc, Cargotec, Caterpillar, Volvo

Manitowoc posts good Q3 results - The Manitowoc Company reported sales of US$935.4mn for the third quarter of 2011, an increase of 15.9 per cent compared to sales of US$807.1mn in the third quarter of 2010. The sales increase was driven by a 20.7 per cent increase in crane segment sales, coupled with a 10.2 per cent increase in food service segment sales.

Arquaam Capitals report predicts a further leg down to the UAE property market before prices and rents recover.

A new report predicts a further leg down to the UAE property market before prices and rents recover.