MARKET MOVES
Emergency loan fund set up for Scotland’s SME housebuilders
The Scottish government has announced that housebuilders will be able to apply for short-term loans of up to £1m to support them through the coronavirus outbreak.
Scottish small and medium-sized enterprises (SMEs) with liquidity issues due to the temporary closure...
MARKET MOVES
Caterpillar Reports Progress on Enterprise Strategy, Sustainability
Caterpillar Inc. is illustrating how it’s helping customers build a better world in its recently published 2019 Annual Report and Sustainability Report.
“These reports demonstrate the execution of our enterprise strategy to deliver innovative products and services to make our...
MARKET MOVES
Construction materials manufacturer Continental takes heat over $5.5M PPP loan
Amid a national controversy over whether large publicly held companies should be able to take advantage of low-interest federal loans as part of a massive COVID-19 small business relief program, Chicago-based construction industry manufacturer Continental Materials Corp. announced earlier...
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Green Pace Financial, Inc. announces the closing of $44.5 Million in C-PACE approved construction financing for a 126 Unit Mixed-Use project
Green Pace Financial, Inc. and its affiliate Hoover Financial, Inc. announced that they have closed on $44.5 Million in PACE approved construction financing for Live, Work, Create Equity, LLC to construct a new 126 Luxury Multifamily development in Koreatown.
The...
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Azizi Developments achieves 85% construction progress at Aura
Azizi Developments, a leading private developer in the UAE, has accelerated work on Aura in Jebel Ali and is now marking the 85 per cent construction milestone. Working with established contractors and consultants, Azizi is well on track to...
MARKET MOVES
Hilti Group grew sales by 4.3 percent in 2019
The Hilti Group grew sales by 4.3 percent in the 2019 business year to CHF 5.9 billion. In local currencies, growth was 6.3 percent against the previous year.
"2019 was another successful year for us with exclusively organic growth. The...
MARKET MOVES
Dubais economy rises 2.1% YoY in H1 2019 boosted by real estate, retail
Dubai's economy rose by 2.1% year-on-year (YoY) to a GDP of $56.68bn (AED208.2 bn) at constant prices in H1 2019, buoyed by a strong wholesale and retail sector, as well as manufacturing, real estate and construction activity, according to...
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