Nakheel, part of Dubai Holding Real Estate, has awarded an AED 2.6 bln (USD 708 mln) contract to Fibrex Contracting L.L.C. for the construction of the Bay Villas project at Dubai Islands, the company announced. The…
UAE-based Rhino Steel has produced the first aluzinc coils at its new coating line in Umm Al Quwain Industrial City. In 2023, Rhino Steel, along with three other steelmakers, announced plans to transform 1.4 mln square…
EMSTEEL's steel business unit, Emirates Steel Industries, has become the first company in the Middle East and North Africa to receive ResponsibleSteel Core Site certification, following a rigorous audit by international…
UAE-based steel engineering and fabrication firm Ikigai Steel is set to expand its footprint into Canada and Africa, aiming to boost annual production capacity to 45,000 tons. Operating from its 548,000-square-foot…
Dubai-based real estate developer TownX has appointed Ocean Stone as the main contractor for its Ashley Hills residential project. The development will comprise 616 residential units and will be completed in phases…
Dubai-based steel fabricator Emirates Building Systems (EBS) has provided steel structures for the Tinrhert Gas Fields Project in Algeria, the company announced in a statement. EBS noted that the project marks a key…
UAE-based NMDC Group reported solid financial results for the first half of 2025, reflecting strong operational performance and resilience amid ongoing market challenges. The company posted AED 13.4 bln (USD 3.6 bln) in…
UAE-based EMSTEEL, one of the region's largest publicly listed steel and building materials manufacturers, has announced its preliminary (unaudited) financial results for the first half of 2025. The group recorded…
Developer Arada has awarded the main construction contract for Masaar Central, its flagship commercial hub in Sharjah, to Intermass, a local contractor already engaged in several residential phases of the Masaar master…
Emirates Steel, a subsidiary of EMSTEEL Group, has announced the introduction of a Temporary Import Displacement Discount (TIDD) in response to a recent increase in imported steel sections, particularly from China. The…
Lamprell has awarded a contract to Denmark-based Ventherm A/S to supply a fully automated robotic system for the surface treatment of transition pieces used in offshore wind foundations at its Hamriyah facility in the…
A UAE-based manufacturer has received a fully automatic Bronx straightener from industrial engineering group Fives to support production ramp-up at its newly established tube mill, the company said in a press release…
Emirates Steel, a subsidiary of EMSTEEL Group, has kept rebar prices for August production unchanged for the sixth consecutive month. The company's price remains at AED 2,480 (USD 675) per ton on EXW basis. The above…
Dar Global has awarded the main works contract for The Astera, Interiors by Aston Martin to Gulf Asia Contracting LLC (GAC), a leading general contractor in the GCC. The contract, valued at USD 54.8 mln, marks a major…
Dubai's Roads and Transport Authority (RTA) has awarded an AED 633 mln (USD 172 mln) contract for the Al Mustaqbal Street Development project, covering the stretch from Za'abeel Palace Street to Financial Centre Street…
UAE-based Arabian Gulf Steel Industries (AGSI) has secured an AED 126 mln (USD 34.3 mln) sustainable financing facility from Mashreq Bank, bolstering its transition toward greener industrial practices in alignment with…
Tubacex has announced that its Abu Dhabi facility has earned the prestigious API 5CRA Monogram License (#5CRA-0044) from the American Petroleum Institute, marking a significant milestone in its commitment to quality and…
Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has opened its first Middle East office in Dubai, inaugurated by India's Minister of Steel and Heavy Industries, H.D. Kumaraswamy. The new office…
AMPO Poyam Valves, a global leader in highly engineered valve solutions, has been selected to supply specialized cryogenic valves for the Maximizing Ethane Recovery and Monetization (MERAM) project, one of Adnoc's key…
Dubai-based steel fabricator Emirates Building Systems Co. has expanded its Voortman setup with the addition of the V807 robotic cutting system, the company announced. The V807 offers fully automated processing…