Central Park Towers DIFC launches premium office spacesCentral Park Towers, a major office and event destination in Dubai International Financial Centre (DIFC), proudly announces the launch of Fitted Offices - Level 2, a significant addition to its portfolio of premium office spaces. Scheduled for unveiling this m More… |
Middle East Energy opening put off by a day due to bad weatherThe opening of Middle East Energy (MEE), the Middle East and Africa’s largest and most comprehensive energy event, has been put off by a day due to 'unprecedented weather', a statement from organisers said. The event, which was set to open today, More… |
Almal unveils 422-key luxury hotel apartment project in RAKDubai-based Almal Real Estate Development has announced the launch of its flagship hospitality project on Al Marjan Island in Ras Al Khaimah. A Dubai-based leading developer of ultra-luxury, award-winning residential project Harrisoni La Mer, The upcoming luxury hotel an More… |
Roshn ties up with Dar Al Arkan for Saudi villas projectRoshn Group, a leading real estate developer in Saudi Arabia, has signed a SAR215 million ($57.2 million) partnership agreement with top developer Dar Al Arkan for the construction of residential villas within its Sedra community. A fully-owned unit of Saudi w More… |
Aramco, Hyundai break ground on $2.3bn Saudi gas plantSaudi oil giant Aramco has joined hands with Korean engineering and construction major Hyundai E&C to break ground on its Jafurah Phase II Utilities, Sulfur & Export Facilities Package 2 Project in the kingdom. The project will be adjacent to the site More… |
KEC awards contracts for key mixed-use project in MadinahSaudi-based Knowledge Economic City (KEC) has signed two contracts worth SAR289 million ($77 million) with Elkhereiji Commerce and Contracting Company for a key project within its mixed-use development, Al Alya, in Madinah. One of the main projects More… |
ACWA Power gets first RMB loan from Bank of China for Uzbek projectSaudi-listed ACWA Power, the world’s largest private water desalination company and a leader in energy transition and first mover into green hydrogen, received an equity bridge loan from Bank of China worth $80 million to finance its Tashkent 200MW Solar PV and 500MWh BESS in Uzbekistan More… |
Al Habtoor achieves key milestone on Dubai skyscraper projectUAE-based Al Habtoor Group said it has achieved a major milestone in the construction of its iconic 87-floor tower at Al Habtoor City, Dubai, with more than 23% of the work completed in addition to the piling phase. Located in the prime area of Sheikh Zayed Ro More… |
NEOM hosts global contractors amid scale-back reportsNEOM, the sustainable development taking shape in the northwest of Saudi Arabia, brought together over 100 of the world’s leading construction companies for a two-day industry forum, even as reports indicate that the kingdom has scaled back its medium-term ambitions for the spra More… |
RTA awards contract for 3-lane street tunnel project in DubaiDubai’s Roads and Transport Authority (RTA) has awarded the contract for the construction of the Al Khaleej Street Tunnel Project. The key project, which come as part of Phase 4, covers the construction of a tunnel extending 1,650 m and encompassin More… |