Saturday 11 July 2026
 
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Big 5 Global Impact Awards announces 150 finalists

The fifth edition of Big 5 Global Impact Awards, celebrating impact in the built environment, has announced 150 finalists competing across 19 categories.    The awards recognise projects, organisations, individuals and teams driving sustainable, collaborati

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Franklin Templeton expands in Middle East with new Kuwait office

Franklin Templeton, one of the world’s largest asset managers, has announced that it is expanding its presence in the Middle East with a new office in Kuwait- Franklin Templeton Global Investors Limited, Kuwait.    Jenny Johnson, President & CEO,

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Takmeel Developments unveils $109m Divine Al Barari in Majan

Takmeel Developments, one of the UAE’s most trusted developers, has launched Divine Al Barari, a new residential landmark in Majan, designed to bring together nature, wellness, and modern comfort.    Valued at AED400 million ($108.92 million), the pro

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Geberit celebrates opening of its first exclusive sanitary showroom in Gulf

Geberit, the European leader in sanitary solutions, celebrated the grand opening of its first exclusive retail sanitary showroom in the Gulf Region, in partnership with Al Sahoo, in Kuwait.    The new Al Sahoo - Geberit Showroom, located at Lot 90 Mall, Kuw

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Work starts on $204m Emirates Road enhancement

UAE's Ministry of Energy and Infrastructure (MoEI) has announced the commencement of the enhancement and upgrade project for Emirates Road, with an estimated cost of AED750 million ($204.19 million) and an implementation period of two years.   The project is

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DEWA, Siemens Energy begin Phase 2 of AI Plant Intelligent Controller project

Dubai Electricity and Water Authority (DEWA) and Siemens Energy have signed a new agreement to implement the second phase of the world’s first artificial intelligence (AI) Plant Intelligent Controller project in M-Station Power Blocks 20 & 30 at the Jebel Ali Power and Desalination

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ALUPCO, AAG enter deal to build largest downstream aluminium base in KSA

Aluminium Products Company (ALUPCO), an aluminium extrusion producer in Saudi Arabia, and Asia Aluminum Group (AAG), a leading Hong Kong aluminium extrusion manufacturer with a production base in Mainland China, have signed a Master Framework Agreement to build the largest integrated downstre

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Deal to set up Riyadh Creative District’s First Phase at KAFD

The Royal Commission for Riyadh City (RCRC) has signed an agreement with King Abdullah Financial District Development and Management Company (KAFD DMC) to house the first phase of the Riyadh Creative District (RCD) in KAFD.   This agreement underscor

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Etihad Rail, Keolis enter JV deal to launch passenger rail services

Etihad Rail, the developer and operator of the UAE National Railway Network, and Keolis, a world-renowned leader in passenger transport, have signed a landmark joint venture to introduce passenger rail services in the UAE.     This partnership marks a

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Study reveals new trends in UAE home buyer preferences

First-time purchasers make up about 75% of the UAE homes market, with a quarter of them planning to buy within the coming year, while the remaining 25% are existing homeowners seeking to expand their portfolios through additional residential properties for various purposes, says a study.

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