Iran’s IKCO hopes to sign vehicle-production deal with Daimler
The Iranian vehicle manufacturer is looking to tie up with foreign companies ahead of sanctions being lifted. The Iran Khodro Industrial Group (IKCO) hopes to sign a manufacturing agreement with Daimler AG given international sanctions look set to be lifted, it said in a statement.According to…

Dubai’s ENOC to expand regionally after fuel deregulation
Emirates National Oil Company to grow its retail business outside Dubai after UAE government cuts subsidies. The energy firm Emirates National Oil Company (ENOC) plans to expand its retail business outside Dubai, following the UAE’s move to cut fuel subsidies.The company said in a statement…

Sharjah rolls out radars to prevent truck violations
Radars deployed in nine locations around Sharjah, including Mohammed bin Zayed Road and Maliha Road. Sharjah Police is implementing a new radar system to prevent trucks from using external and internal roads during restricted hours without prior permission, it was reported. The project, which…

Taking construction equipment sales online
Can confidence in e-commerce extend to large pieces of heavy equipment?. There’s no denying the importance of online trading. From fashion to food and flights, and everything in between, the internet has become the place to be for consumers and retailers alike. However, despite the explosion of…

Construction machinery: Why small is beautiful
Sales of mini-excavators and other compact pieces of equipment are growing . While traditionally contractors have preferred larger machines, high fuel costs and a desire to reduce manpower by improving efficiency on-site is seeing many invest in light and compact equipment. “Contractors have…

UAE fuel prices: gasoline up 24%, diesel down 29%
Cut in government subsidies to see fall in diesel prices from August 1, spelling good news for fleet operators. The UAE has announced revised fuel prices for the month of August, with gasoline set to see a 24% price hike, while diesel prices will plunge 29%.The new prices follow a decision by the UAE…

UAE fuel subsidy cuts may set GCC-wide precedent: Fitch
Regional governments understand benefits of subsidy cuts, but reform efforts have been ‘uneven and incomplete’. The UAE’s decision to cut fuel subsidies may set a precedent for other GCC countries, particularly those facing the most strain on public finances, according to Fitch Ratings. The…

Automechanika Dubai is back with a bang
Region’s largest trade fair of its kind is gaining even more momentum. You can’t help being struck by the size of Automechanika Dubai.With 1,889 exhibitors and more than 30,000 trade buyers at the show last month, the largest automotive after-market trade fair in the Middle East and Africa is…

UAE acts to stop illegal diesel trade
Government entities carry out sting operations and fine violators. UAE government entities are clamping down on the illegal trade of diesel in the country, via sting operations conducted as part of an ongoing joint inspection campaign. Under the campaign, a committee of various Dubai government entities…

Construction firms set to benefit from end of UAE fuel subsidies
Deregulation of fuel prices on August 1 is expected to see diesel costs fall, while petrol is tipped to rise. Construction companies in the UAE stand to benefit from lower diesel prices, after the Ministry of Energy announced it was removing fuel subsidies from August 1. While petrol prices are…
Construction Machinery ME August 2015

Construction Machinery ME August 2015
Truck & Fleet ME August 2015

Truck & Fleet ME August 2015
Video: The massive Mall of Qatar under construction

Video: The massive Mall of Qatar under construction