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Amirah breaks ground on its debut project at Dubai Islands

UAE-based Amirah Developments yesterday (June 25) officially broke ground on its inaugural project Bonds Avenue Residences at the Dubai Islands the new waterfront destination close to the emirate s historic...

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Witthal to set up UAE’s first lithium battery recycling plant at Kezad

Witthal Gulf Industries has announced that it has signed a 50-year land lease agreement with the Khalifa Economic Zones Abu Dhabi (Kezad Group) for the establishment of its new plant in Taweelah region...

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Object 1 launches 54-storey residential tower in JVC

Object 1 a key real estate developer in Dubai has announced the launch of Alta View a 54-storey residential tower set in District 10 of Jumeirah Village Circle (JVC). Designed to bring panoramic perspectives...

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Private credit: The Middle East’s next financial frontier

Over the past decade the private credit industry has experienced robust growth positioning itself as a crucial alternative to traditional bank financing. Now valued at 2 trillion in assets under management...

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Taraf awards enabling works contract for Dubai villa project

Taraf a UAE-based real estate developer and a subsidiary of Yas Holding has signed up Pinnacle International Piling Foundations as the enabling contractor for its premium residential project - Karl Lagerfeld...

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Trosmic Sports unveils plans for GenNext indoor stadium in GCC

UAE-based Trosmic Sports has announced conceptual plans for a next-generation indoor stadium - Flux Halo - that aspires to redefine sporting experiences in the GCC. It will feature 200 000 sq m column-free...

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Bahrain Marina Development signs up CBRE for premium project

Bahrain Marina Development Company the master developer of Bahrain Marina a waterfront project on Manama s eastern waterfront has appointed CBRE Bahrain a leading real estate asset manager to operate and...

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Benefit wins ISO recertification for info security and business continuity

Benefit a key innovator and leading company in Bahrain s fintech and electronic financial transactions service has been officially re-accredited with the upgraded version of ISO 27001:2022 (Information...

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Shamal awards $272m Dubai Harbour Residences main works contract

Shamal the Dubai-based diversified investment firm and owner of Dubai Harbour has awarded the main works contract worth over AED1 billion ( 272 million) for its premium project Dubai Harbour Residences...

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Dubai Investments starts work on new Mirdif Hills residential cluster

Dubai Investments a leading investment company listed on the Dubai Financial Market has officially broken ground on Asayel Avenue a new residential cluster within the Mirdif Hills master development featuring...

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Banan unit in deal to develop Riyadh fitness clubs

Banan Real Estate Companyhas announced that its subsidiary Qimam Noshoz Real Estate Development Company has signed a contract with Armah Sports Company for the development and leasing of two fully equipped...

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Saudi Global Ports wins contract to operate Eastern Coast terminals

Saudi Global Ports Group has announced that its key subsidiary - Modern Port Services Company - has been awarded four 20-year concession agreements by the Saudi Ports Authority (Mawani) to operate multipurpose...

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Southern Province, Yanbu Cement extend key merger talks

Southern Province Cement Company has announced that it has entered into a non-binding agreement with a leading Saudi cement group Yanbu to explore a potential merger. The duo had an year ago signed the...

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Bvlgari inks deal with Eagle Hills for Abu Dhabi mansion project

Italian luxury hotel chain Bvlgari Hotels & Resorts has announced that it has signed a long-term agreement with Eagle Hills a UAE-based private real estate development company for a new resort and private...

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Major Developers names new chief sales officer

Dubai-based Major Developers has appointed seasoned industry leader Philip Yousef as its new chief sales officer. His appointment signals the company s continued ambition to expand its footprint in the...

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Dubai DET, Marriott in deal to boost hospitality ecosystem

The Dubai Department of Economy and Tourism (DET) has signed a strategic MoU with Marriott International one of the world s largest hospitality companies which aims to further boost the city s international...

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