The Abu Dhabi based concrete manufacturer is planning mergers and acquisitions for 2016, mainly in Qatar
Business
Bilal Transport quarry buy a ‘natural’ progression
UAE-based Bilal General Transport vertically expands aggregate haulage business into the supply side
Ritchie Bros set to auction items in Dubai sale
Ritchie Bros will auction more than 800 pieces of equipment and trucks at their Jebel Ali site in March
UAE: Fujairah, RAK to introduce environmental fees
From 1 February, 2016, companies transporting natural materials outside the borders of Fujairah and Ras Al Khaimah will have to pay an on-the-spot environmental fee of AED7 per ton
UAE: Etihad Rail suspends tendering for stage two
Construction Week can confirm that Etihad Rail has suspended the tendering process for stage two of the project
Water tech firm Xylem to invest $35m in MENA
Xylem has invested in a number of facilities across the region, including a local manufacturing plant and offices in the UAE, Oman and Qatar
Saudi miner Ma’aden posts $1.52m Q4 2015 loss
The Tadawul-listed company attributed its net loss to low product prices
Terex AWP (Genie) Middle East appoints Gary Cooke
The Terex Group presses its advantage in the Middle East with fresh sales talent and new machines
Oil prices spur growth in GCC rental power sector
The preference for rental over purchase is expected to continue in 2016 as low market liquidity increases the risk of project slowdown and delays
Qatar Uni to research uses for date palm waste
A new method in which date palm waste is used to create sustainable, value-added products is presently being researched by Qatar University Centre for Advanced Materials