Construction & Real Estate

EFG Hermes plays key role in Depa's $179m Nasdaq Dubai rights issue

EFG Hermes, a leading investment bank in the Mena region, has announced that it has played a key advisory role in the AED658 million ( ) rights issue of Depa, an interior solutions group based in Dubai, as the financial advisor and bookrunner for its listing on Nasdaq Dubai. ...

Construction & Real Estate

Volvo to roll out 14-tonne battery-electric medium duty trucks

Global truck maker Volvo is launching its popular battery-electric medium duty truck – the Volvo FL Electric – in a 14-tonne entry level version with new battery configuration. The electric version has been in the market since 2019 and are sold in multiple markets across Europe, Middle East, Africa, Asia, and Australia. ...

Construction & Real Estate

Parsons snaps up $100m Middle East contracts

Parsons Corporation, a key provider of solutions for global infrastructure markets, has announced that it has been awarded two contracts worth a combined total of over $100 million to perform programme management and design engineering for two Middle East government customers....

Construction & Real Estate

Acciona launches groundbreaking solution to transform desal efficiency

Leading Spanish infrastructure major Acciona has unveiled a groundbreaking digital solution (a dual-model AI technology) aimed at improving the energy efficiency and sustainability of reverse osmosis (RO) desalination — one of the most energy-intensive processes in the water sector. ...