Binyah lands $142m Diriyah Gate car park excavation workSaudi Real Estate Company (Al Akaria) has announced that one of its key subsidiaries - Saudi Real Estate Infrastructure Company (Binyah) - has secured a major contract worth SAR532 million ($142 million) for a car park project coming up within its mega Diriyah Gate development in capital Riya More… |
Al Ain completes 47pc of road infrastructure project workAl Ain City Municipality has announced that it has completed 47% of the work on Phase 1 of Infrastructure and Road Upgrade Project in Al Amerah area. Construction in the project began in the third quarter of 2023 at a total budget of AED130 million ($35. More… |
Al Shindagha corridor revamp work in full swingDubai’s Roads and Transport Authority (RTA) has announced that steady progress is being made on the Al Shindagha Corridor Improvement Project with nearly 45% of the works for Phase 4 of the project already completed. The project scope extends 4.8 km from More… |
Doka delivers complex formwork solutions for Azizi projectDoka, an international producer and supplier of formwork used in all fields of the construction sector, said its in-depth knowledge of dynamic loads and time-saving techniques is helping to deliver the latest mixed-used community project of Azizi Developments, despite the chall More… |
Prypco Blocks completes funding for debut property on its platformPrypco Blocks, a Dubai-based real estate fractional ownership platform, has announced that it has successfully completed the funding for its first property located in Downtown Dubai. A total of 209 investors from over 40 nationalities have so far invested in B More… |
The Line is on track, says top NEOM officialNEOM has just silenced doubters with a double dose of good news: it demonstrated global confidence in the $500-billion giga-project taking shape in northwest Saudi Arabia by securing a SR10-billion ($2.7 billion) financing facility, while its Chief Operating Officer addressed media speculatio More… |
Drake & Scull unit wins Saudi wastewater plant contractDrake & Scull International, a leading contracting and engineering company, has announced that one of its key subsidiaries, Passavant Energy and Environment, has clinched a subcontract for providing the design-and-build services for an expanded wastewater treatment plant in the Kingdom of More… |
Eagle Hills unveils new luxury island project in Abu DhabiLeading UAE developer Eagle Hills has announced the launch of its new luxurious sanctuary - Ramhan Island by Eagle Hills - spread over a 4 million sq m area off the coast of Abu Dhabi. Spanning a 2.2 million sq m of developable More… |
KOC in deal to link 1GW green energy plants to Kuwait power gridKuwait Oil Company has sealed an agreement with the Ministry of Electricity, Water and Renewable Energy (MEWRE), for the linking of 1GW renewable energy plants to the national electricity grid. KOC had earlier announced that it will be setting up the More… |
McDermott unit wins EPC contract for Oman gas tankMcDermott, a leading provider of engineering and construction solutions to the energy sector, has announced that one of its key subsidiaries CB&I has secured a contract to provide engineering, procurement, construction (EPC) services for a full containment concrete liquefied natural gas ( More… |