The value of real estate transactions in the Emirate of Abu Dhabi reached AED15.9 billion ( 4.32 billion) during the first quarter of 2024 (Q1 2024) registering 5 127 sales and mortgage transactions on...

Saudi Water Partnership Company (SWPC) has announced that it has received bids from two developer consortiums for its Ras Mohaisen Independent Water Plant (IWP) located 300 km south of Makkah on the coast...

Dubai-based developer Binghatti has joined hands with globally renowned high jewellery and watchmaking brand Jacob & Co. to celebrate a major sales milestone achieved at its premium development - The Burj...

Cyprus largest development group Leptos Estates is spearheading a strategic initiative to attract GCC investors looking for a valuable foothold in the Mediterranean. As a beacon of economic stability and...

In a landmark real estate deal Dubai Sotheby s International Realty has successfully brokered the sale of the third most expensive villa in Dubai this year commanding an impressive selling price of AED148...

Tata Daewoo a leading commercial vehicle manufacturer headquartered in Gunsan South Korea has announced plans to build its production unit in the kingdom for tthe manufacture of trucks. In this connection...

Leading Spanish infrastructure major Acciona has achieved fourteen million man-hours without lost-time injuries (LTI) at the Al Khobar 2 SWRO desalination plant in the Kingdom of Saudi Arabia (KSA). This...

Dubai s Roads and Transport Authority (RTA) has awarded a number of contracts under a three-year plan to improve 22 bus stations and depots (16 bus stations and 6 bus depots). The project scope covers...

DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos to handle 12.5 million tonnes a year of grains and fertilisers positioning the port as Brazil...

Saudi Real Estate Company (Al Akaria) said one of its key subsidiaries Binyah has sealed a contract worth SAR722.1 million ( 192 million) with Diriyah Gate Development Authority (DGDA) for the implementation...

Abu Dhabi-based Jubail Island Investment Company (JIIC) has announced the launch of its exclusive beachfront gated community - Bada Al Jubail - being set up at an investment of AED4 billion ( 1.08 billion)...

Leading UAE-based smart and green facilities management (FM) company Farnek has expanded its business operations throughout the emirate of Abu Dhabi following a raft of new and retained FM contract across...

Abu Dhabi s construction sector showed a remarkable growth of 13.1 percent in 2023 compared to 2022 with the added value of this sector reaching more than AED97 billion ( 26.41 billion) the highest in...

Drake & Scull International a leading general contracting and engineering company has announced that approval has been given to recommendations made by the company s board of directors for the capital...

Roshn a leading real estate developer powered by Saudi wealth fund PIF has announced the launch of Almanar its fifth integrated mixed-use community and the first venture in Makkah city. Located at Makkah...

Acwa Power a leading developer of power and desalination projects has announced that it has signed a SAR985.13 million ( 262.7 million) power purchase agreement (PPA) with the National Electric Grid of...