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Al Wasl joins Empower's 3,900RT cooling capacity portfolioEmirates Central Cooling Systems Corporation (Empower) has announced the commencement of connecting Al Wasl skyscraper to the company’s district cooling network. According to Empower, the entire connection be completed in two phases. Work on the fi More… |
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Emaar Properties sales jump 60%; $1.2bn dividend approvedEmaar Properties Annual General Meeting (AGM), held in Dubai on Monday approved the Board of Directors' proposal for a notable dividend of 50 fils per share amounting to AED4.4 billion ($1.2 billion) for 2023. This dividend underscores the company's ro More… |
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WEF offers solutions for cities to cut carbon emissions in constructionA report released by the World Economic Forum’s (WEF’s) Centre for Urban Transformation has featured best practices developed by pioneer cities that are reducing carbon emissions from urban development projects, a news agency said. As cities grow in population and importanc More… |
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UAE, Iraq, Türkiye, Qatar sign $17bn road development projectThe UAE, Iraq, Qatar and Türkiye, have signed an agreement for a strategic road project that is designed to bolster economic growth and promote regional and international cooperation by fostering economic integration, a report said. The quadrilateral Memorandum of Understanding fo More… |
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Partanna, SRMCC produce GCC's first carbon-negative concrete blocksIn a first for the Saudi construction industry, leading materials science company Partanna Global has joined forces with Saudi Readymix Concrete Company (SRMCC) on the successful production of carbon-negative concrete blocks in the Gulf. The technology w More… |
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Diriyah unveils first mixed-use commercial office projectSaudi-based Diriyah Company has announced the launch of its first mixed-use commercial office and retail project - Zallal - within the Bujairi District. Construction is now well underway and, when completed, it will includ More… |
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Mitsubishi seals major Kuwait power station contractMitsubishi Power, a key brand of Japanese group Mitsubishi Heavy Industries (MHI), has announced that its consortium with Korea's Heavy Engineering Industries and Shipbuilding Company (Heisco) has clinched a landmark contract from the Kuwait Ministry of Electricity & Water & More… |
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Swiss developer DHG's debut Jumeirah project set for 2026 handoverUAE-based Aroma International Building Contracting has announced that it has completed 10% of the work on Helvetia Residences, the inaugural project of renowned Swiss developer DHG Properties in Jumeirah Village Circle (JVC), under a AED250 million ($68 million) deal. More… |
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WakeCap in deal to transform Saudi construction landscapeIn a landmark move set to transform the construction landscape of Saudi Arabia, WakeCap, a Saudi-based leader in smart solutions for construction project management, and OpenSpace, a US-based leader in reality capture and AI-powered analytics, announce a strategic partnership aimed at making More… |
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Devmark unveils lifestyle community project in DubaiDivine One Group has partnered with Devmark, a UAE-based real estate project sales and marketing consultancy, to launch Hammock Park, a resort-inspired residence in Wasl Gate, located just minutes away from Sheikh Zayed Road. Hammock Park is being develo More… |
