Friday 26 December 2014
 
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Caterpillar

Altaaqa Global breaks ground on new Dubai HQ

Altaaqa Global CAT Rental Power, the global provider of temporary power solutions, has broken ground for its new headquarters at the Dubai World Central, UAE. Located on a 40,000-sq-m plot of land, the facility will house the head

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ZLC achieves Caterpillar certification

Jeddah-based Zahid Learning Center (ZLC) has been certified as a Caterpillar Five Star Contamination Control Facility.    The achievement proves ZLC’s commitment to providing a world-class learning env

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Cat B15 smartphone passes rigid tests

Is the new Cat B15 smartphone worthy of joining the Cat brand family? Is it rugged, durable and reliable like other proven Cat products? To prove the smartphone's credentials, Caterpillar put the B15 to a rigourous test that h

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Dubai Caterpillar dealer inks $700m loan deal

Unatrac Holding Limited (Unatrac), one of the largest dealers of Caterpillar Inc. (CAT) machinery, said it has successfully signed a new $700 million syndicated three year revolving credit facility. 

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Caterpillar dealer Unatrac signs $700mn loan

Unatrac Holding, the distributor of Caterpillar equipment in eight mainly African countries, has signed a $700 million, three-year loan to fund operations and refinance existing debt, it said in a statement on Thursday. Part of Eg

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Caterpillar seals strategic deal with Dubai firm

Caterpillar, the world’s leading manufacturer of construction and mining equipment, has entered into an international power projects (IPP) agreement with Saudi-based Zahid Group, which recently formed a new subsidiary company, Altaaqa Glob

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Caterpillar opens ME parts distribution center

US-based Caterpillar, a leading manufacturer of construction and mining equipment, today opened its new parts distribution center in Dubai. The 500,000 sq ft Middle East Distribution Center (MEDC) employs 130 people and will furth

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Caterpillar profit plunges 55pc

Caterpillar, the world's largest maker of construction equipment, has posted a 55 per cent drop in quarterly profit due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers. Cat

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Caterpillar cuts 2012 forecast for second time

Caterpillar, the world’s largest maker of tractors and excavators, slashed its 2012 forecast for the second time this year and warned the global economy was slowing faster than it had expected. The cautionary note was the la

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Pyroban unveils 'safe' engine control system

UK-based Pyroban, a wholly owned division of Caterpillar, said it had launched a new explosion-proof diesel engine control system at Offshore Technology Conference (OTC 2012) held recently in Houston, US. PCS 2 works in conjunction with th

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