Kingdom Holding Co. (KHC) announced that associate firm Jeddah Economic Co. has signed a US$1.2 billion deal with the Saudi Binladen Group to build the worlds tallest tower in Jeddah.
Construction
JLG recieves the new 1500SJ boom lift
JLG Industries Inc, an Oshkosh Corporation company, has received its first 1500SJ boom lift in Europe.
Danube opens new showroom in Oman
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Danube Building Materials opened its third showroom in Oman, in Salalah, which is part of the companies new expansion programme in the country.
Drake & Scull International wins MEP contract in Abu Dhabi
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Drake & Scull International Abu Dhabi has been awarded an US$46.3mn contract for the complete Mechanical, Electrical and Plumbing (MEP) works for the second and final package for ?Danat Al Emarat? Hospital in Abu Dhabi.
Caterpillar Q2 revenues increase by 37 per cent
Caterpillar posted strong second quarter 2011 profits and revenues on the back of continuing improvement in demand around the world.