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Tuesday, December 23, 2025
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United Arab Emirates

Emirates Steel holds rebar prices steady for Jan production

Emirates Steel, a subsidiary of the EMSTEEL Group, has kept its rebar prices unchanged for January production. The company maintained its rebar price at AED...

Ministry to apply reverse charge VAT on scrap trading from January 2026

The UAE Ministry of Finance has announced Cabinet Decision No. 153 of 2025, introducing a reverse charge mechanism for VAT on metal scrap trading...

RHI Magnesita sets up Dubai office to support regional growth

RHI Magnesita, a leading global supplier of high-grade refractory products, systems, and solutions, has strengthened its presence in the Middle East, Turkey, and Africa...

Modon awards construction contract for Hudayriyat Island villa projects

UAE-based developer Modon has awarded the main construction contract for two residential developments, Nawayef East and Nawayef West, on Hudayriyat Island, with a combined...

Palma Development awards contract for residential tower project in Dubai

UAE-based developer Palma Development has awarded a USD 207 mln construction contract to Khansaheb Civil Engineering for the delivery of West Residence, a 46-storey...

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