Modon awards $1.36bn contract for residential project in Abu Dhabi
Abu Dhabi-based master developer Modon has awarded the main construction contract of Dh5bn ($1.36bn) for two residential projects, Nawayef East…
22 Dec 2025
Molins agrees to buy Portugal’s cement firm Secil for $1.63bn
Portuguese conglomerate company Semapa has agreed to sell its entire share capital in cement maker Secil to Spain’s Molins for an enterprise value of €1.4bn ($1.63bn). The transaction is part…
19 Dec 2025
Construction begins on $626m luxury development on Al Marjan Island
United Arab Emirates-headquartered real-estate development group The Luxe Developers has commenced construction on a new project valued at Dh2.3bn ($626.15m) on Al Marjan Island in Ras Al Khaimah. Called La…
19 Dec 2025
Volvo CE marks first deployment of electric wheel loader in Indonesia
Volvo Construction Equipment (Volvo CE) has delivered Indonesia’s first L120 electric wheel loader to industrial company Tegas Guna Mandiri, marking the initial commercial use of this model in the country.…
18 Dec 2025
Binghatti and Mercedes-Benz reveal $8.16bn master-planned district in Dubai
Dubai-based developer Binghatti and German automotive manufacturer Mercedes-Benz have revealed plans to develop a master-planned community in Dubai’s Meydan area. The Mercedes-Benz Places - Binghatti City development, which covers ten…
18 Dec 2025
Raimondi installs six flat-top cranes for Arada’s megacity in Sharjah
Machinery manufacturing company Raimondi Middle East has erected six flat-top tower cranes at Arada’s Aljada large-scale master community in Sharjah, United Arab Emirates. The site features four MRT159 models and two…
17 Dec 2025
HumeLink West construction advances with first two tower installations
The start of full-scale construction on the HumeLink high-voltage electricity transmission project was marked with the erection of the first two transmission towers at Book Book, near Wagga Wagga. The…