Friday 21 June 2024

Leptos launches ‘Olympus Village’ in Cyprus for GCC investors

Leptos Estates, a leading property developer in Cyprus, has launched the Olympus Village for GCC investors. Olympus village, nestled in the hills above the seaside city of Paphos, stands out for its exceptional blend of luxurious living, natural beauty, and traditional Cypriot charm.


Vantage Properties-Vittoria Group Costruzioni to develop $100m projects in JVC

UAE-headquartered real estate developer Vantage Properties has signed a co-development memorandum of understanding with Italian developer Vittoria Group Costruzioni, for $100 million flagship projects in Dubai’s Jumeirah Village Circle (JVC). Livel Residenza and Aptos Residenza w


LEEA appoints Matt Barber as Director of Membership

The Lifting Equipment Engineers Association (LEEA) has recruited Matt Barber as Director of Membership, one of several key new senior management appointments playing a strategic part in the Association’s development.   “I am honoured to have joined L


EvoQuip adds Bison 170 to expanding jaw crusher portfolio

EvoQuip, a leading manufacturer of compact crushing and screening equipment, has launched the Bison 170—the latest addition to their jaw crusher range.    With its 700x500mm jaw chamber and diesel-electric drive technology, the Bison 170 is a smart ch


German group Rittal in deal to boost UAE digital infrastructure

The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office has signed a strategic agreement with Rittal FZE (Subsidiary of Rittal GmbH & Co. KG, Herborn, Germany), a leading global provider of solutions for industrial enclosures, power distribution, clim


Dar wins Kuwait airport design, construction supervision contract

Dar Al Handasah, one of the world’s leading consultancies, has been awarded a landmark contract by Kuwait’s Directorate General for Civil Aviation (DGCA) to provide design and construction supervision services at Kuwait International Airport (KIA).   


Masdar seals landmark $3.4bn deal to buy Greek energy giant

Abu Dhabi Future Energy Company (Masdar) announced today (June 20) that it has reached a definitive agreement with Gek Terna and other shareholders of Terna Energy, with the intention to acquire initially 67% of the company’s outstanding shares at completion of the transaction, subject


Top global firms in race for 136-km Saudi highway project

Saudi Arabia's Roads General Authority (RGA) has announced that a total of 69 companies have submitted bids for a major highway project linking Aseer region to Jazan.    Of these, 37 are global players in the project development sector such as Spanish g


Enabling work in full swing at Oman's Sultan Haitham City

Enabling works for Phase One of the ambitious Sultan Haitham City project in Muscat are well advanced, according to a key official of Oman’s Ministry of Housing and Urban Planning (MoHUP), which is spearheading the project.   In an exclusive interview with


Astha Biotech to set up microalgae plant at Kezad Al Ain

Khalifa Economic Zones Abu Dhabi (Kezad Group), the largest operator of integrated and purpose-built economic zones, has announced that it has signed a lease agreement with Astha Biotech, a UAE-based investment and development company, for a new facility within Kezad development in Al Ain cit

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