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Sunday, October 26, 2025
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Cat dealer secures $700m funding, cites ME growth

Unatrac, the Caterpillar dealer operating in nine countries including Egypt and Iraq, through Mantrac Group, has secured $700m of funding. The three-year, revolving credit facility with a syndicate of lenders will be used to finance...

John Holland to build new University of Sydney Business School

John Holland has been appointed head contractor for the construction of the new $180m facility for the University of Sydney Business School, which will include over 34,000 square metres of total building gross floor area. Group...

Damac’s huge AKOYA project starts on site in Dubai

Damac Properties has said that work has begun on its biggest development in terms of land area to date - the AKOYA by Damac project on a 28m ft2 (2.6m m2) master development off Umm Suqeim Road by Dubailand....

GCC POWER INVESTMENTS ESTIMATED AT MORE THAN US$250 BILLION IN NEXT FIVE YEARS- REPORT

The GCC is on the threshold of a major power revolution, with investments in the sector estimated at US$250 billion in the next five years. The study, titled ‘Power UAE’ published by research specialists Global...

Qatar threatens to restrict expat drivers

Qatar is considering imposing restrictions on foreigners obtaining a driver’s licence as a solution to increasingly traffic congestion. Authorities already have banned expats on temporary project visas from driving, in what is likely to be...

DEWA signs MOU to develop training in solar energy

Dubai Electricity and Water Authority (DEWA) has signed a memorandum of understanding with First Solar to develop a programme for training on solar energy technology to obtain specialised certificates to support the Green Economy For Sustainable Development initiative. ...

Kamvari’s plan for Muscat city centre revealed

London-based Kamvari Architects, which was selected to produce outline proposals for the neighbourhood of the Madinat Al Sultan Qaboos in Muscat’s city centre, has unveiled its plans for the area.  The 35,000m2 site currently features...

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