Long lead times due to shortages of steel and other projects across the globe siphoning supply from the region.
NEWS
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Quarry owners ‘won’t install’ new technology
Many mine operators are slow to take up new machinery, according to an industry expert.
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Abu Dhabi site reaches safe working milestone
A worksite in Abu Dhabi has completed 15 million working hours without a reportable accident occurring.
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More roads for north Dubai
A new highway has been completed that cuts through the entire industrial hub of Dubai, linking the Emirates Road with the Dubai Bypass road.
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Middle East gets new Cat D-range
A new range of bulldozers has been introduced to the Middle East and Africa by Caterpillar. The vehicles are similar to those that have already gone on sale in Europe and America, but with different options for the local market.
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Terex scout for ASV in takeover deal
A multi-million dollar deal sees machinery giant Terex make a render offer to purchase all of the outstanding shares of ASV, Inc., This follows on from an agreement made in January, in which Terex took over the smaller company in a transaction worth approximately US $488 million.
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Hyundai win Nakilat crane contract
A contract to supply 10 jib cranes has been awarded to Hyundai Samho Heavy Industries Company LLC by Qatar-based gas transport company Nakilat.
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Mizin makes the grade early
Heavy machinery is wheeled away, so that work can begin on Remraam Community infrastructure.
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Yongmao to make tracks in rival takeover
Fushun Yongmao Construction Machinery has acquired rival FMC for an undisclosed sum.
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New Manitowoc is handy in a tight spot
Heavy plant manufacturer Manitowoc has demonstrated an innovative new crane at its inaugural lift series at a jobsite in Germany.