RTA marks milestones on key Dubai road projects
Dubai’s Roads and Transport Authority (RTA) has opened the second bridge within Phase Four of Al Shindagha Corridor Improvement Project. This newly constructed bridge facilitates traffic flow from the intersection of Al Mina Street and Sheikh Rashid Road to the intersection of Sheikh Khalifa bin Zayed Street and Sheikh Rashid Road.
More...Abu Dhabi announces opening of two new bridges
Abu Dhabi’s Department of Municipalities and Transport (DMT) has announced the opening of two new bridges linking a key route in the emirate that connects Al Khaleej Al Arabi Street with Shakhbout Bin Sultan Street towards Musaffah.
More...Masdar names contractors for gigasacale solar project
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy leader, last month announced preferred suppliers and contractors for the world’s first large-scale ‘round the clock’ gigascale renewable project planned in Abu dhabi.
More...Adnoc Gas awards $2bn contract for LNG project
Adnoc Gas, a leading integrated gas processing company, has awarded three enabling contracts worth $2.1 billion for an LNG pre-conditioning plant as well as compression facilities and transmission pipelines to supply feedstock to the Ruwais LNG Project.
More...Mered marks first concrete pour at Iconic Residences
Mered, an international real estate developer, has announced that it has started the main construction work at its flagship project, Iconic Residences Design by Pininfarina, in Dubai. The milestone was commemorated with a special ceremony marking the first concrete pour.
More...Ajmal Makan unveils two luxury projects in Sharjah
Ajmal Makan Real Estate Development announced the launch of two major projects – The View Island and Blue Beach Residence – at the Acres 2025, Sharjah’s real estate exhibition, last month. The View Island features 266 residential units, including villas and townhouses, designed to offer accessible luxury living.
More...RAK Properties unveils Mina; $1.36bn GDV pipeline
RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has unveiled its flagship masterplan, Mina – a premier island lifestyle destination. Mina, set across a land area of 4 million sq m and comprising three districts – Raha Island, Hayat Island, and Lagoons, is situated along the Ras Al Khaimah coastline.
More...Aldar secures $2.45bn sustainability-linked loan
Aldar Properties has closed an AED9 billion ($2.45 billion) sustainability-linked syndicated senior unsecured committed multi-tranche revolving credit facility (RCF) - the largest deal of its kind by a real estate company in the Middle East, the company said. The transaction follows Aldar’s successful and inaugural AED3.
More...Meraas awards $272.2m deal for Bluewaters Bay
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MERAAS, a member of Dubai Holding Real Estate, has awarded a construction contract worth more than AED1 billion ($272.2 million) to China State Construction Engineering Corporation (Middle East) for the construction of Bluewaters Bay.
More...Azizi launches three residential complexes
Azizi Developments, a leading private developer in the UAE, launched three residential projects in Dubai last month: Azizi Wasel, a new seafront residential project located on Dubai Islands; Azizi Arian, an aspirational living concept located in Jebel Ali Free Zone (Jafza); and Azizi Ruby, a nature-inspired residential tower in Jumeirah Village Cir
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February 2025 (Volume xlvi Issue 2)