INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Mammoet, Aertssen sign agreement

The companies will provide heavy lifting solutions in Qatar. (Mammoet)
  • Mammoet said in a statement that the collaboration will "capitalize on the individual strengths and capabilities of both companies".
  • The solutions range from small mobile cranes for quick operations to complex engineered heavy lifting and transport projects.

Dubai, UAE — Mammoet, an engineered heavy lifting and transport firm, has partnered with Aertssen Machinery Services (AMS), a Belgian-origin heavy-lifting company, to provide heavy lifting and transport solutions in Qatar.

Mammoet said in a statement that the collaboration will not only “capitalize on the individual strengths and capabilities of both companies, but also serve as a testament to their commitment to excellence in project execution”.

Jack van den Brink, Managing Director of Mammoet MEA and APAC, expressed enthusiasm about the partnership, stating, “This strategic move allows us to leverage the collective strengths of Mammoet and AMS. By combining our capabilities, we are well-positioned to serve projects in Qatar, with the aim to bring greater efficiency for all of our customers there”.

Tony Nuyts, General Manager of Aertssen Machinery Service MENA, said, “This collaboration enables us to offer versatile solutions, ranging from small mobile cranes for quick operations to complex engineered heavy lifting and transport projects.”

“This collaboration not only reinforces Mammoet and AMS’s commitment to providing innovative solutions but also positions both organizations as key players in Qatar’s dynamic heavy lifting and transport landscape,” the statement said.