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Saudi road sector adopts smart solutions for safer, greener highwaysSaudi Arabia's road sector is undergoing significant development, with the Roads General Authority introducing several innovations to create a safer, more sustainable, and efficient logistics network. These advancements are aimed at strengthening the More… |
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Saudi NWC starts work on $1.3bn water, sanitation projects in JulySaudi Arabia's National Water Company (NWC) has announced that it began implementing water and sanitation projects worth a total of SAR4.9 billion ($1.3 billion) in the kingdom's Southern Cluster in July. The scope of work includes the const More… |
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Riyadh starts mandatory implementation of Infrastructure Projects CodeThe Riyadh Infrastructure Projects Centre has announced the commencement of the mandatory implementation of the Infrastructure Projects Code. The code serves as a comprehensive and unified reference for infrastructure projects, providing standardised regulator More… |
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Dewa delivers its strongest H1 in 2025; revenue soars to $3.9bnDubai Electricity and Water Authority (Dewa) has announced its strongest-ever financial results for the first half with its revenue soaring to AED14.6 billion ($3.9 billion), up 6.9% over last year and its net profit registering a 13.2% growth to hit AED2.9 billion ($789 million). More… |
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Barco Developers plans residential communities in Dubai, RAKBarco Developers, a new UAE-based real estate developer, has officially announced its entry into the UAE property market with plans to develop over 2 million sq ft of low- to mid-rise residential communities across Dubai and Ras Al Khaimah. Barco Develop More… |
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Etihad Rail will open up new real estate hubs, says expertThe Etihad Rail network will transform the UAE’s economic landscape by boosting connectivity, reducing travel times, and driving genuine demand in emerging markets, says a UAE property expert. Etihad Rail benefits will extend far beyond real estate, crea More… |
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SRC signs portfolio acquisition deal with Arab National BankSaudi Real Estate Refinance Company (SRC), a PIF company, has signed a new agreement with Arab National Bank to acquire a real estate finance portfolio. The agreement was signed in the presence of Majid bin Abdullah Al-Hogail, Minister of Municipalities and Ho More… |
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Tabreed revenue hits $302m; firm announces first interim dividendNational Central Cooling Company (Tabreed), the world’s leading and most diversified district cooling company, today announced revenues of AED1.11 billion ($302.2 million) and a net profit of AED276 million for the six-month period ended 30 June 2025. More… |
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Infrastructure development work in Aseer region on fast-trackSaudi authorities have announced that work is moving at a steady pace on the key infrastructure projects being developed in the kingdom's Aseer Region, reported SPA. Minister of Municipalities and Housing Majed Al Hogail is in the region on a two- More… |
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Mered expands UAE operations with new Abu Dhabi officeMered, an international real estate developer, has announced the opening of its new office at Al Reem Island amid rising investor interest in its Abu Dhabi operations. The new location will serve as a hub to support the expansion of its local workforce i More… |
