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Nesma lands $107m Saudi substation project contract

Nesma Infrastructure and Technology (NIT) a major player in the region with presence in the UAE and Egypt said it has secured a contract worth SAR400 million ( 107 million) from the Saudi Electricity Company...

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DMCC’s Uptown Tower wins big at CTBUH 2024 Awards

Leading Belgian construction company Besix has announced that DMCC s Uptown Tower has won top honours at this year s Council on Tall Buildings and Urban Habitat (CTBUH) Awards of Excellence for setting...

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Damac launches Phase Two of Lagoon Views

Damac Properties a leading luxury real estate developer in the UAE has announced the successful launch of Phase Two of Lagoon Views within the vibrant and strategically-located Damac Lagoons development....

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Miral signs up Emirates NBD as key banking partner

Miral the leading creator of immersive destinations and experiences in Abu Dhabi has announced a strategic partnership with Emirates NBD. As per the deal Emirates NBD will be the Official Banking Partner...

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Hafeet Rail set to begin work on Oman-UAE railway network

Hafeet Rail (formerly Oman and Etihad Rail Company) has announced that the preparatory work is proceeding at full speed ahead for the construction of the transformative railway link between the Sultanate...

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GS Inima consortium inks Oman desalination plant deal

Spanish utility major GS Inima has announced that it has signed an agreement with Oman s Nama Power and Water Procurement for the development of third phase of Ghubrah the largest desalination plant in...

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Tecom Group to invest $460m in strategic projects

The Board of Directors at Tecom Group has approved a AED1.7 billion ( 460 million) Strategic Acquisition and Development Plan as part of its clearly defined roadmap to achieve sustainable growth and deliver...

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Tadweer to build Abu Dhabi's first greenfield material recovery facility

Tadweer Group a leader in sustainable waste management practices has announced the closed bidding for the planned development of Abu Dhabi s first greenfield Material Recovery Facility (MRF). The state-of-the-art...

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Sharjah provides power connection to 1,135 projects in Q1

Sharjah Electricity Water and Gas Authority (SEWA) has announced that power connection has been provided to 1 135 projects spread across various parts of the city during the first quarter with the total...

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Aramco inks deal with US firms for low-carbon energy solutions

Saudi oil giant Aramco has announced the signing of three Memoranda of Understanding (MoUs) with leading American companies - Aeroseal Spiritus and Rondo - in bid to advance the development of potential...

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Alef Group to hand over Arim Neighbourhood by 2026 end

Alef Group a leading real estate development company in Sharjah has announced the handover of villas in the Arim neighbourhood within Hayyan development by the end of 2026. This was revealed during the...

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Prestige One unveils new waterfront project in Dubai

Dubai-based Prestige One Developments has announced the launch of its latest project - Waterway - strategically located in Mohammed Bin Rashid City that will offer its residents an exclusive lifestyle...

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Masdar consortium to set up $10bn wind farm project in Egypt

Abu Dhabi Future Energy Company (Masdar) has announced that its consortium with Infinity Power the largest African renewable energy developer and Egyptian group Hassan Allam Utilities has signed a land...

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Dubai plans 200 projects under 'Quality of Life' strategy

Dubai has launched its Quality of Life Strategy 2033 a visionary plan comprising 200 projects and initiatives dedicated to ensuring the comprehensive well-being of all segments of the community including...

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SEVEN, Qiddiya merge to set up Saudi lifestyle, leisure giant

Saudi Entertainment Ventures (SEVEN) a subsidiary of the country s sovereign wealth fund PIF has announced its merger with Qiddiya Investment Company (QIC) in a move that will see the establishment of...

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Emaar's Q1 net profit up 15pc; revenue soars to $1.8bn

Dubai master-developer Emaar Properties showcased consistent resilient performance and operational efficiency across its various businesses for the first quarter recording revenues of AED6.7 billion (...

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