Caterpillar saw global retail sales of its construction machinery jump by 35 per cent in the three months to the end of July, though the pace of growth weakened in most regions
Construction
Bauer International working on tunnel project
Bauer International is working on building a tunnel at Nation Towers, in Abu Dhabi, which will go under the existing Corniche Road and will link the shopping complex and other components to a purpose built beach club.
STFA awarded road project in Oman
Sezai Turkes-Feyzi Akkaya (STFA), a Turkish construction company, was awarded a major road construction contract worth US$305mn in Oman.
Saudi sees construction contracts soar in second quarter of 2011
?
The Saudi Arabia?s Construction Contracts Index (CCI) has shown that the Kingdom?s construction sector saw awarded contracts increase by 43 per cent increase over the second quarter of 2010.
Qatar defies construction slowdown
Qatars construction market has exhibited steady quarter-on-quarter growth in the first half of this year, reports from Qatars Statistics Authority show.