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Nakheel partners with SOM to design Palm Jebel Ali mosque

Nakheel a member of Dubai Holding Real Estate has unveiled the design for the Palm Jebel Ali Friday Mosque a landmark project that will form the spiritual and cultural heart of the island. The mosque can...

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IsDB approves $180.72m for Bahrain highway upgrade

The Islamic Development Bank ( IsDB ) has approved a 180.72 million funding for the King Faisal Highway Upgrade Project in Bahrain s Manama. The funding is part of a new package of projects totaling approximately...

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Alkhorayef secures key Saudi wastewater network maintenance contract

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a major contract from National Water Company (NWC) for wastewater projects in the Hafer Al Batin governorate....

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Unico signs up DECA as sales partner for its Dubai projects

Unico an international real estate developer has signed up DECA an end-to-end integration partner with over three decades of expertise shaping Dubai s luxury real estate landscape to help drive sales and...

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GCC Interconnection Authority, Iraq finalise plans for major electricity link

The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Ministry of Electricity of the Republic of Iraq have discussed the final preparations for launching the electricity interconnection...

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Parkin seals landmark 5-year agreement with Damac

Parkin Company a leading provider of paid public parking facilities and services in Dubai has signed a landmark five-year agreement with Damac Properties one of the UAE s leading real estate developers....

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Casagrand unveils premium residential project on Dubai Islands

Indian real estate developer Casagrand has announced the official unveiling of its premium residential development - Casagrand Hermina - on the Dubai Islands. Valued at AED420 million ( 114 million) Casagrand...

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TownX sees 40pc construction progress on Dubai project

TownX one of Dubai s fastest-growing real estate developers has announced that it has achieved a significant milestone in the construction of its AED662 million ( 180.2 million) Ashley Hills project located...

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RWinvest launches first international HQ in Dubai

RWinvest an award-winning UK property investment company has launched its first international headquarters in the United Arab Emirates. The move marks a significant milestone in the businesses 21-year...

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Palma awards $206m contract for Jumeirah Islands residential tower

UAE-based Palma Development has awarded an AED760 million ( 206 million) construction contract to Khansaheb Civil Engineering to deliver the West Residence a 46-storey tower which represents the first...

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East Sitra Housing Project Phase Three 23pc completed

Steady progress is being made on the East Sitra Social Housing Project in Bahrain with nearly 23% of the work in the third phase already completed. Infrastructure works stand at 29% while 16% of the 1...

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Azizi inks 50-year land lease deal with Kezad Group

UAE-based Azizi Developments has signed a 50-year lease agreement with AD Ports Group subsidiary - Khalifa Economic Zones Abu Dhabi (Kezad) - representing an investment value of AED2 billion ( 544 million)....

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SEC inks $1bn finance deal with Italian agency for key power projects

Saudi Electricity Company (SEC) has signed a landmark financing agreement with the Italian Export Credit Agency (SACE) with a total value of up to 1 billion aimed at supporting the development and expansion...

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ONE unveils 'world's first AI-integrated tower' with aerial mobility in Abu Dhabi

ONE Development the next-generation real estate developer recognised for its design-driven and tech-integrated communities has officially launched ONE Residence in the capital that stands at the heart...

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Binghatti sets record with sale of Middle East's most expensive penthouse

UAE developer Binghatti has announced a landmark achievement in the region s luxury real estate sector with the sale of the most expensive penthouse in the Middle East valued at AED550 million ( 150 million)...

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Arabian Qudra to set up first floating solar plant in Saudi Arabia

Arabian Qudra (AQ) a subsidiary of Saudi-based Abunayyan Holding Company one of the major players in the power and water business has announced that it has signed an agreement to establish the first floating...

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