Sunday 19 May 2024
 
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Chinese company completes adit tunnel project for NEOM

China Railway Construction Corporation (CRCC) has completed an adit tunnel project for Saudi Arabia's futuristic city NEOM, reported Xinhua.    The project work, which began in October 2021, features six adits totaling 9.48 km in length, deep i

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Retal, NHC in deal to build 295 homes in Riyadh suburbs

Saudi-based Retal Urban Development Company has signed sub-development agreement with the National Housing Company (NHC) to develop 295 residential units in the suburbs of capital Riyadh at a total investment of SAR660 million ($176 million).   These homes will

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Red Sea International unit wins Jeddah Central project contract

Saudi-based Red Sea International Company has announced that one of its key subsidiaries has secured a major contract from Modern Building Leaders Company (MBL) for its key Jeddah Central Development Project.   As per the SAR113 million ($30.3 million) deal, the

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Nesma lands $107m Saudi substation project contract

Nesma Infrastructure and Technology (NIT), a major player in the region with presence in the UAE and Egypt, said it has secured a contract worth SAR400 million ($107 million) from the Saudi Electricity Company (SEC) for setting up a new substation in Thuwal region.  

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Sharjah provides power connection to 1,135 projects in Q1

Sharjah Electricity, Water and Gas Authority (SEWA) has announced that power connection has been provided to 1,135 projects spread across various parts of the city during the first quarter, with the total load exceeding 109 megawatts.   This comes following the

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DMCC’s Uptown Tower wins big at CTBUH 2024 Awards

Leading Belgian construction company Besix has announced that DMCC’s Uptown Tower has won top honours at this year's Council on Tall Buildings and Urban Habitat (CTBUH) Awards of Excellence, for setting new standards in smart and sustainable urban planning.  

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Aramco inks deal with US firms for low-carbon energy solutions

Saudi oil giant Aramco has announced the signing of three Memoranda of Understanding (MoUs) with leading American companies - Aeroseal, Spiritus, and Rondo - in bid to advance the development of potential lower-carbon energy solutions.   The MoUs were signed in

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Damac launches Phase Two of Lagoon Views

Damac Properties, a leading luxury real estate developer in the UAE, has announced the successful launch of Phase Two of Lagoon Views within the vibrant and strategically-located Damac Lagoons development.   Following a record sell-out of Phase One, the latest r

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Alef Group to hand over Arim neighbourhood by 2026 end

Alef Group, a leading real estate development company in Sharjah, has announced the handover of villas in the Arim neighbourhood within Hayyan development by the end of 2026.    This was revealed during the Acres Real Estate Exhibition Dubai 2024 held at th

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Miral signs up Emirates NBD as key banking partner

Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, has announced a strategic partnership with Emirates NBD.   As per the deal, Emirates NBD will be the Official Banking Partner across multiple Miral attractions, including Ferrari

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