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Arada awards contracts for 565 homes in mega Sharjah communityLeading UAE developer Arada has awarded two contracts worth AED615 million ( ) for the construction of all 565 homes within its premium community Azalea, the fourth phase of Masaar, the megaproject based in the Suyoh district of Sharjah. Valued at More… |
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Central Park Towers DIFC launches premium office spacesCentral Park Towers, a major office and event destination in Dubai International Financial Centre (DIFC), proudly announces the launch of Fitted Offices - Level 2, a significant addition to its portfolio of premium office spaces. Scheduled for unveiling this m More… |
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Middle East Energy opening put off by a day due to bad weatherThe opening of Middle East Energy (MEE), the Middle East and Africa’s largest and most comprehensive energy event, has been put off by a day due to 'unprecedented weather', a statement from organisers said. The event, which was set to open today, More… |
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Almal unveils 422-key luxury hotel apartment project in RAKDubai-based Almal Real Estate Development has announced the launch of its flagship hospitality project on Al Marjan Island in Ras Al Khaimah. A Dubai-based leading developer of ultra-luxury, award-winning residential project Harrisoni La Mer, The upcoming luxury hotel an More… |
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Roshn ties up with Dar Al Arkan for Saudi villas projectRoshn Group, a leading real estate developer in Saudi Arabia, has signed a SAR215 million ($57.2 million) partnership agreement with top developer Dar Al Arkan for the construction of residential villas within its Sedra community. A fully-owned unit of Saudi w More… |
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Aramco, Hyundai break ground on $2.3bn Saudi gas plantSaudi oil giant Aramco has joined hands with Korean engineering and construction major Hyundai E&C to break ground on its Jafurah Phase II Utilities, Sulfur & Export Facilities Package 2 Project in the kingdom. The project will be adjacent to the site More… |
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KEC awards contracts for key mixed-use project in MadinahSaudi-based Knowledge Economic City (KEC) has signed two contracts worth SAR289 million ($77 million) with Elkhereiji Commerce and Contracting Company for a key project within its mixed-use development, Al Alya, in Madinah. One of the main projects More… |
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ACWA Power gets first RMB loan from Bank of China for Uzbek projectSaudi-listed ACWA Power, the world’s largest private water desalination company and a leader in energy transition and first mover into green hydrogen, received an equity bridge loan from Bank of China worth $80 million to finance its Tashkent 200MW Solar PV and 500MWh BESS in Uzbekistan More… |
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Al Habtoor achieves key milestone on Dubai skyscraper projectUAE-based Al Habtoor Group said it has achieved a major milestone in the construction of its iconic 87-floor tower at Al Habtoor City, Dubai, with more than 23% of the work completed in addition to the piling phase. Located in the prime area of Sheikh Zayed Ro More… |
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NEOM hosts global contractors amid scale-back reportsNEOM, the sustainable development taking shape in the northwest of Saudi Arabia, brought together over 100 of the world’s leading construction companies for a two-day industry forum, even as reports indicate that the kingdom has scaled back its medium-term ambitions for the spra More… |
