Roads and Transport Authority (RTA) has awarded a contract worth US$191.4mn for Phases 4 and 5 of the Dubai Water Canal Project
Construction
Zoomlion quits plan to acquire Terex Corp
Zoomlion has abandoned its US$3.4bn bid to acquire Terex Corporation, today, after failing to agree terms
Private funding critical for mega projects in GCC, PwC reveals
Dwindling government revenues in the GCC mean that funding from the private sector will be critical for large-scale projects to go ahead, a PricewaterhouseCoopers (PwC) survey has revealed
Caterpillar launches regional training hub in Dubai
Caterpillar has opened a regional training centre for the Middle East and Africa (MEA) in Dubai, UAE
Global market for drone technology valued at US$127bn
A study by PricewaterhouseCoopers LLP (PWC) has revealed that the emerging global market for business services using drones has been valued at more than US$127bn