MARKET MOVES

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...

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...

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...

Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twin cloud services for advancing the design, construction, and operations of infrastructure, announced the acquisitions of global mobility simulation (CUBE) and analytics (Streetlytics) software provider Citilabs, and...

Cloud-based construction management software application firm, Procore Technologies heads for the public markets. The company is reportedly working with the Goldman Sachs Group to lead an IPO which could value the company for more than $4 billion. The expected...

Kier Group PLC, a UK construction, services and property group active in building and civil engineering, has reported a loss of £245m before tax. The dip can be attributed to the cost associated with restructuring the business. However, Kier’s...

NPK Construction Equipment , a subsidiary of Nippon Pneumatic Mfg. Co. LTD , is very excited to announce that NPKCE has purchased Genesis Attachments LLC , Genesis Holdings , and Genesis GmbH. We are very excited about this new partnership...