Construction
Atlas Copco increases its focus on the construction sector
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Atlas Copco Group recently created a fourth business area, Construction Technique, that will enable the company to intensify the focus on construction customers and products and to optimise the synergies between its construction-related divisions.
Saudi Arabia is the cheapest country in the region for construction
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The annual International Construction Cost report by EC Harris has revealed that Saudi Arabia is the cheapest country and Bahrain is the most expensive country in the Middle East to build in.
Qassim Cement announces preliminary Q2 2011 results
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Qassim Cement (QCC) recently announced its preliminary Q2 2011 results, which were in-line with analysts expectations but showed relatively weak Q2 2011 numbers, Saudi bank NCB Capital (NCBC) stated.
OCI wins major infrastructure project in Saudi
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Orascom Construction Industries (OCI) Saudi subsidiary, Saudi Limited Company (OSL), won an infrastructure contract in Saudi Arabia worth US$450mn.
Mubadala to build aluminum smelter in Malaysia
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Mubadala Development Co. and state-owned development company 1Malaysia Development Bhd. will form a joint-venture company to develop a US$4.2 billion aluminium smelter in east Malaysia.
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