Author: Stephen White
Zahid Group and Infor launch Centre of Excellence to drive industry-specific innovation in its Jeddah-based operation
Operation highlights how careful engineering and logistics planning can cut costs and carbon impact in offshore wind supply chains
Electric equipment is no longer the future; it’s already charging up the job site, says new report by Polaris Market Research
Raimondi Cranes’ agreement to acquire Terex’s tower and rough terrain crane businesses is not only a headline-making deal, but also the culmination of a decade-long transformation that began with Middle East investment. Founded in 1863 in Legnano, Italy, Raimondi evolved from a small equipment manufacturer into a globally recognised tower crane specialist. The turning point came in 2014, when Dubai-based KBW Investments, led by Prince Khaled bin Al Waleed bin Talal, acquired the company. At the time, Raimondi was described by KBW CEO Ahmed Alkhoshaibi as a “pillar in the portfolio,” anchoring the group’s ambitions in construction and infrastructure. When…
Raimondi Cranes has announced a landmark agreement to acquire key lifting businesses from US-based Terex Corporation, in one of the most significant crane industry deals in two decades. The transaction will see Raimondi take over Terex Tower Cranes, Terex Self-Erecting Cranes, Terex Rough Terrain Cranes, and Terex’s North American service and support operations. The deal expands Raimondi’s portfolio into new business lines, enhances its global footprint, and strengthens its competitive position in both mature and emerging markets. Raimondi CEO Luigi Maggioni described the move as “the most significant acquisition in the company’s history,” adding that it marked a major step…
KT Europe, the European subsidiary of Balkrishna Industries Ltd (BKT), has announced a series of senior appointments aimed at accelerating its expansion in the Original Equipment (OE) market. The move represents a strategic milestone for the Off-Highway tyre manufacturer as it continues its journey to become a top-tier global OE player. At the centre of the restructuring is the appointment of Paolo Mantovani as Head OEM Industrial & OTR Europe. Bringing more than 15 years of commercial and strategic experience across the tyre sector, Mantovani has held senior roles spanning passenger, truck, retread, and off-road segments. His strong understanding of…
Al Marwan Machinery is taking its successful partnership with Kobelco into Saudi Arabia as the authorised dealer for Kobelco excavators in the Kingdom. The development builds on the company’s existing representation of Kobelco across the UAE, Oman, Jordan, Iraq, and Lebanon, and follows its appointment in early 2024 as the Kingdom’s official distributor for Kobelco crawler cranes. Al Marwan said the move “reflects Al Marwan’s broader regional growth strategy beyond the UAE, now bringing advanced Japanese excavation technology directly to the Kingdom’s growing infrastructure sector, and demonstrates its commitment to providing high-performance, tailor-made machinery solutions across the Gulf and the…
JLG Industries, Inc has expanded access to its e-commerce platform, Online Express, across Europe. For the first time, any VAT-registered customer can now register and pay by credit card to order parts directly from JLG. The move makes it easier for JLG equipment owners to browse interactive manuals, search parts by machine or serial number, and complete purchases with a few clicks. Whether supporting a single unit or managing a mixed fleet, operators now have faster access to genuine OEM parts and tools to streamline maintenance. Key benefits of the platform include same-day shipping on in-stock items for the JLG…
Azizi Developments says its Beachfront I in Riviera development, its French Mediterranean-inspired waterfront community in MBR City, has now reached 70% completion. Beachfront I’s structure is fully complete, with blockwork and internal plastering at 98% each. Tiling works have reached 50%, while HVAC and MEP installations stand at 83% and 68%, respectively. Façade works are at 29%, external works are at 15%, and overall finishes have progressed to 49%, said the firm. Supported by a workforce of 3,200, construction remains firmly on track for completion in Q4 2025. “Beachfront in Riviera is rapidly taking shape, showcasing our dedication to delivering…
Atlas Copco’s X28 portable air compressor supporting slope reinforcement in Gyeonggi Province, South Korea