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EWEC announces TAQA as key partners to develop Taweelah C IPP project

EWEC (Emirates Water and Electricity Company) a leading company in the integrated planning purchasing supply and system despatch services of water and electricity across the UAE has announced the award...

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Damac Digital's planned IT capacity landbank hits 6,000MW

Damac Digital has announced that its planned IT capacity landbank has reached 6 000MW across 13 countries and a planned portfolio of 35 sites positioning it as one of the fastest-scaling global digital...

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AD Ports acquires top Brazilian port terminal operator for $835m

AD Ports Group has acquired Corredor Logística e Infraestrutura (CLI) Brazil s leading independent agri-bulk port terminal operator entering the South American market with a strategically major expansion...

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Red Sea Global achieves major carbon reduction milestone

Red Sea Global (RSG) the Saudi developer behind key Saudi tourism destinations The Red Sea and Amaala said it has secured an independent third-party verification from DNV confirming that the company avoided...

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Shurooq, Afhad to develop key Sharjah plot into new retail destination

The Sharjah Investment and Development Authority (Shurooq) has signed an agreement with Afhad Holding to activate a 15 095-sq-m plot in Kshisha into a new retail destination marking a key step in expanding...

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First Avenue consortium secures $533m Makkah development project

A consortium comprising First Avenue for Real Estate Development Company Dar Al Majed Real Estate Company Al Majdiah and Rekaz Real Estate Company has secured a key contract from Royal Commission for Makkah...

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GAF Property shapes a new residential experience with key Reem island project

As Abu Dhabi s residential real estate market continues to evolve differentiation is no longer defined by the scale of developments but by their ability to deliver sustainable value and integrated living...

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Omoda and Jaecoo brings AI driverless parking solutions to UAE

As UAE cities continue advancing their smart mobility ecosystems and intelligent urban infrastructure top automotive brand Omoda and Jaecoo is bringing its advanced AI-powered driverless parking system...

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CBMI joins World Cement Association as associate corporate member

The World Cement Association (WCA) has announced that CBMI Construction Company has joined the Association as an Associate Corporate Member. Established in 1959 CMBI is a global leading service provider...

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Dubai property market bottomed in March as demand rebounds strongly

As US-Iran negotiations move toward a final and permanent ceasefire resolution two constituencies are watching closely - Global markets where a deal could mean lower oil prices and renewed equity momentum...

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Abu Dhabi freezes rents for residential, commercial properties

Abu Dhabi has imposed a temporary freeze on rents across the emirate barring landlords from increasing lease rates for residential commercial and industrial properties until further notice in a move expected...

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Sharafi unveils luxury waterfront development on Dubai Islands

Sharafi Group Investments the century-old Emirati family-owned conglomerate with diversified interests spanning hospitality properties facilities management contracting and consulting has officially launched...

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DHG starts work on premium Dubai Islands waterfront residential project

DHG Properties the Dubai-based developer and part of Swiss real estate and construction group DHG has commenced work on Helvetia Marine its premium waterfront residential development on Dubai Islands....

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Doosan Enerbility lands $556m contract for key phase of Saudi cogeneration plant

South Korea s Doosan Enerbility has announced that it had signed a contract worth KRW837 billion ( 556 million) for the second phase of the Jafurah Combined Heat and Power Plant in Saudi Arabia in partnership...

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BNET achieves key safety milestone with over 1m safe work hours

Bahrain Network (BNET) the national company responsible for providing fiber-based broadband network in the Kingdom of Bahrain has announced a significant milestone in occupational safety surpassing 1 008...

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Al Ramz Real Estate to take full control of Riyadh mixed-use project

Saudi-listed Al Ramz Real Estate Company said it has signed agreements to acquire the remaining units in a private real estate investment fund that owns the Qurtuba 2 development in Riyadh in a deal valued...

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