Sunday 4 December 2022

ADHA offers $816m housing benefits to Abu Dhabi citizens

Abu Dhabi Housing Authority (ADHA) has started the disbursement of AED3 billion ($816 million) housing benefits to its citizens  upon the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan on the occasion of UAE's 51st National Day celebrations, reported Wam.


Longi signs deal with L&T for two major Saudi solar projects

Longi, a leading global solar technology company, has signed an agreement with India's top engineering and construction conglomerate Larsen & Toubro (L&T) to provide 1,292MW of photovoltaic modules for key solar projects under construction in Saudi Arabia.  


Saudi group Sumou inks $100m deal for Makkah villa project

Saudi-based Sumou Real Estate Company has signed an agreement worth SR377 million ($100.3 million) with the kingdom's National Housing Company for the construction of residential units on a 88,570 sq m area within its key development in Makkah.   These homes


Spanish group to set up new water mobility model for Neom

Idom, a leading Spanish multi-national group providing consulting, engineering and architecture services, said it has been awarded a key contract by Neom, the developer of a mega futuristic city in Saudi Arabia, for a new water mobility paradigm.   As per the de


Petrofac wins major EPS contracts from Shell Oman

Petrofac, a leading provider of services to the global energy industry, said it has been selected by oil major Shell to undertake new engineering and procurement services (EPS) scopes in Oman.   The first is a five-year EPS contract for Shell’s Block-10 Ma


Diriyah Gate to open new Time Out Market at lifestyle destination

Diriyah Gate Development Authority (DGDA), responsible for developing the kingdom’s foremost cultural and heritage destination, Diriyah, in Riyadh, said it has signed a management agreement with Time Out Group, the global media and hospitality business, to open a new Time Out Market at


Longi delivers key solar modules for Red Sea project

Longi, one of the world's leading solar technology companies, said it has completed the delivery of 406MW of its bifacial Hi-MO 5 modules for Saudi Arabia's Red Sea Project, the world's most ambitious regenerative tourism project.   During an event t


French water specialist Ayor to unveil key solutions at Big 5

Ayor Group, the French specialist in water management for sustainable housing, will be introducing its brand new AIS (Autonomous Intelligent System) box at The Big 5 construction expo which will be held in Dubai from December 5 to 8.   AIS is all-in-one solution


Global sales of heat pumps set to hit record high: IEA

Worldwide sales of heat pumps are set to soar to record levels in the coming years as the global energy crisis accelerates their adoption, the International Energy Agency (IEA) said in a new special report. The heating of most buildings around the world – such as homes, off


Arada sales soar on landmark Sharjah freehold property move

Sharjah developer Arada said the recent change in government regulations in Sharjah that has allowed all nationalities the right to purchase property on a freehold basis in the emirate has already had a positive impact on investor sentiment.    Announced by

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