The Middle East is an increasingly important market for global steel, underpinned by nearly $2 trillion in infrastructure and industrial projects and a market forecast to grow from $44 billion in 2026 to $60 billion by 2031....
Ritchie Bros., the world's largest industrial auctioneer, has opened its year-end 'Finish Strong' campaign across Europe, Middle East and Africa (EMEA), urging businesses to review surplus and idle equipment while buyer demand remains strong. ...
The World Steel Association (worldsteel) forecasts GCC steel demand to fall by about 11% in 2026, a sharp reversal of the trajectory it published in April....
Emirates Central Cooling Systems Corporation (Empower) has recorded solid results for the first half of 2026 with a 16.2% jump in its net profit, while its revenue rose to AED1.52 billion ($413 million) mainly driven by the growing demand for cooling services across Dubai....
Metal Park, a 500,000 sq m ecosystem established in 2021 in Abu Dhabi, has kicked off the second phase of its integrated industrial ecosystem, following its successful Phase One launch. The new expansion will introduce more than 700,000 sq ft of industrial units dedicated to metal processing and fabrication. ...
The prime UAE real estate markets of Dubai and Abu Dhabi have reported strong demand for ultra-luxury residential properties, thus reflecting growing investor confidence and an increasingly selective market where capital is concentrating in key locations and credible developments, said an industry expert. ...
Dubai office sales values more than doubled to reach AED13.1 billion ($3.57 billion) in 2025, as the sector delivered its strongest annual performance since 2014, says leading real estate advisory and property consultancy, Cavendish Maxwell. ...
UAE-based Nabni Developments has confirmed the complete sell-out of its newest residential project, Nabni Avenue 7 in Dubai’s Al Furjan community. A 12-storey residential building, it features 166 apartments with a mix of one, two and three-bedroom units as well as other amenities. ...
