Mohamed Abdulrahman Al Bahar, the authorised Caterpillar equipment and engine dealer in the Gulf region, has announced the launch of its new Cat GC range of machines built for customers who value reliability at a low cost per hour.

The Sharjah-based group unveiled two new models - 950 GC and 330 GC - as part of the new Cat GC range of machines.

Dubbed as ‘game changers’, these machines offer the opportunity to move more material in less time, at a lower cost per tonne, for a faster return"...

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has successfully advised its clients on the sale of a fourth property (“The Property”) from the Single Tenant Portfolio in USA.

The Single Tenant Portfolio was acquired in June 2017, consisting of 6 single-tenant net-leased buildings with a total of 760,533 sq ft, located"...

Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, has awarded the contract for the main works of its Kalba Waterfront project to MJM Contracting.

The contract involves the architecture, infrastructure and landscaping of the mall, which once complete will offer residents and visitors of the emirate an"...

Select Group, UAE’s leading real estate developer, has begun handover of its premium urban development Studio One in Dubai Marina. Situated in the heart of the up and coming west-end of the Dubai Marina, Studio One is located within close proximity to the Bluewaters Island and next door to Wyndham and Rove hotels with a wide array of restaurants, supermarkets and salons nearby.

With a gross development value of AED 500 million, the development"...

Less than a year ahead of the World Expo 2020 Dubai, the buzz of one of the biggest global events is already being experienced by the market players across the sectors, particularly the UAE’s real estate industry, according to an expert.

“The upcoming Expo 2020 is adding to the business confidence of real estate investors, and there is positive traction in the market. More professionals and experts are taking up residence in the city"...

Schneider Electric, a global leader in energy management automation and digital transformation, has announced that its Mobile Innovation Hub is showcasing crucial advances in technologies for utilities, particularly in grid, water, and solar energy at the ongoing Water, Energy, Technology and Environment Exhibition (Wetex) in Dubai, UAE.

The focus on digital transformations in utilities continues to grow in the region, with Dubai leading the charge. Among the key growth areas for this work lies in the Geographical"...

Abu Dhabi-based Al Masaood’s Power Division has unveiled the first-of-its-kind locally produced mobile Electric Power Generator solution with MTU diesel genset for emergencies in the UAE during its participation at Wetex 2019, being held in Dubai, UAE.

The event is being held at the Dubai World Trade Centre, and will conclude tomorrow (October 23).

Presented as one of the most reliable mobile electricity generators, specifically tailor-made for the Dubai Electricity and Water Authority (Dewa),"...

South Korea’s Daewoo Engineering & Construction has reportedly won an $86 million order to build a prefabrication yard for a tunnel project at the new Al Faw Grand Port in Basra.

Under the deal with the General Company for Ports of Iraq (GCPI), Daewoo will complete the Khor Al-Zubair immersed tunnel prefabrication yard by October 2021.

According to Yonhap, the"...

Bombay Realty, a part of the 283-year-old renowned Wadia Group of companies, has been conferred with the coveted ‘Promising Brand 2019-20’ award in the real estate category by Economic Times. This Award was bestowed on Bombay Realty’s Island City Centre development during “The Economic Times India-UAE Strategic Conclave” held in Dubai recently.

Commenting on receiving the Award, Mr. Ashutosh Khatawkar, Vice President"...

Hogan Lovells, a leading global law firm, said it has advised Saudi-based Acwa Power on the project financing of the $1.2 billion Taweelah IWP, the largest reverse osmosis desalination plant in the world coming up at Abu Dhabi.

The Taweelah desalination IWP will be developed on a build, own and operate (BOO) basis and have a production capacity of 200 million gallons per day (MIGD) of potable water, making it the largest reverse osmosis desalination plant in the world. Financial close was achieved last week....