Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
Intersec Saudi Arabia Relocates To Riyadh The 4th Intersec Saudi Arabia – the Kingdom’s largest trade fair for security, safety, and fire protection – will next year relocate to Riyadh after three successful annual runs in the nation’s red sea port city of Jeddah. Intersec Saudi Arabia 2020, which is organized by the Saudi-based ACE Exhibitions under license from Messe Frankfurt Middle East, will run at the Riyadh International Convention & Exhibition Center (RICEC) on March 23 - 25 and feature more than 100 exhibitors from 20 countries. The move comes as consultancy 6WResearch forecasts the Kingdom’s fire safety systems & equipment market – the largest in the GCC – will register compound annual growth until 2025 of 5.5% reaching a cumulative value of US $402 million. Growth is being driven in part by government regulation of compulsory installation of fire safety, detection and alarm systems in buildings. Click here to view: Middle East Fire Safety Syst...