 |
Dubai to see ‘issuance of 10,000 new broker licences’ in 2024The year 2024 is set to see the issuance of approximately 10,000 new real estate broker licences in Dubai, marking an unprecedented level and a 100% increase from the 5,000 licences issued in 2018. According to Dubai-based real estate consultancy VVS Est More… |
 |
LMD and Devmark launch The Pier ResidenceLMD, a developer renowned for creating thriving communities in Dubai, has partnered with Devmark, the UAE’s leading real estate project sales and marketing consultancy, to launch The Pier Residence. Located in the vibrant heart of Dubai Maritime Ci More… |
 |
Emirates Stallions Group posts $32 million operational profit in H1 2024Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), has announced an operational profit of AED119 million ($32 million) for the first half of 2024, achieving a growth of 128% year-on-year (YoY), a report said. The group, which operates across core inves More… |
 |
Mazad seals partnership deal with Kanoo Real EstateMazad, a local portfolio company of Bahrain Mumtalakat Holding Company, has announced a strategic partnership with Kanoo Real Estate, a subsidiary of the Yusuf bin Ahmed Kanoo Group, one of the region's most prominent and influential business conglomerates. More… |
 |
Geobear brings ground improvement technology to UAEGeobear, a pioneer in ground improvement technology, said it has begun operations in UAE. This launch comes at a time when UAE construction market is in need of novel technology that aids geotechnical engineers to fill ground cavities and soil improvement. More… |
 |
International School of Creative Sciences to open Bahrain campusThe International School of Creative Sciences (ISCS) will open its first campus in the Kingdom of Bahrain on September 8, 2024, marking a key milestone for the UAE-based education leader as it carries its legacy of academic excellence and holistic development beyond its home country. W More… |
 |
NMDC posts $3.3bn revenue growth in H1; net profit up 66pcAbu Dhabi-based NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, has recorded solid results for the first half with a 79% increase in its revenues which soared to AED12.126 billion ($3.3 billion) from the last year's figure of AED6.8 billion ($1. More… |
 |
$294m deal awarded for Kuwait's South Sabah Al Ahmad City workKuwait's Public Authority for Housing Welfare (PAHW) has announced the awarding of the tender for the construction of road works and infrastructure networks covering a total of 6,568 housing units across four residential suburbs within the South Sabah Al Ahmad City project. & More… |
 |
Azizi's Riviera Phase IV projects set for Q3 completionUAE-based Azizi Developments has announced substantial progress of the fourth phase of Riviera, its French Mediterranean-inspired waterfront community located in the Mohammed Bin Rashid City. Several buildings within the fourth phase are on track for Q3 More… |
 |
Ewec issues RFPs for 400MW battery energy storage systemEmirates Water and Electricity Company (Ewec) has issued request for proposals (RFPs) to qualified developers and developer consortiums that expressed interest in an independent greenfield 400-megawatt (MW) Battery Energy Storage System (BESS) power project in Abu Dhabi. More… |
