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Binghatti launches new 1,666-unit development in Dubai
Emirati developer Binghatti has announced plans to launch a new mega development in Dubai, comprising a total of 1,666 residential units and 21 retail spaces adjacent to Dubai Hills. -
Al Hamra plans new $300m waterfront project in Ras Al Khaimah
Al Hamra, a leading lifestyle developer and real estate investment company in Ras Al Khaimah, has announced the development of Al Hamra Waterfront, a waterfront residential project within its flagship and award-winning residential community of Al Hamra Vi -
KSA to develop 320,000 hotel rooms, costing $37.8bn
Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of $37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according to new industry data. -
Jeddah International Building Exhibition to be held in May
The Jeddah Chamber is set to organise the Jeddah International Building Exhibition (Jibex) 2024 at the Jeddah Center for Exhibitions and Events from May 7 to 9. It will the participation of 300 exhibitors from Saudi Arabia and abroad. -
Artech lighting up the Middle East with new Dubai office
Durham-based Artech Lighting has launched its new Dubai office, further supporting its activities within the region, creating a number of new jobs to serve its growing clientele. -
Bobcat debuts electric telehandler concept at Intermat
Bobcat is showcasing its electric telehandler TL25.60e, alongside a host of other models, at Intermat 2024, which is being held at Paris-Nord Villepinte in France from April 24 to 27. -
Roshn launches landmark Aldanah project in Dhahran
2,500 NEW HOMES
Roshn Group, the PIF-owned giga project and Saudi Arabia’s leading real estate developer, on Wednesday launched Aldanah, its sixth integrated community, second in the Eastern Province and first in Dhahran. -
Amwaj Development makes Dubai debut with Meydan project
Amwaj Development, a new real estate developer in the UAE, marks its debut in Dubai’s booming real estate market with the launch of Starlight Park, a four-building family-centric community in the heart of Meydan’s District 11. -
Mammoet practices zero emission heavy lifting on site
Heavy lift specialist Mammoet is innovating with zero-emission lifting and transport on site to help its customers reduce their carbon footprint of projects. -
Saudi, Qatar spearhead $45bn GCC project awards growth
CONTRACT AWARDS UP 20.3pc
Defying regional and global geopolitical challenges, GCC project awards increased by 20.3% in the first quarter to hit $45 billion compared to $37.4 billion last year, with regional heavyweights Saudi Arabia and Qatar spearheading growth, said a report. -
Al Mal Capital REIT completes $49m rights issue
Al Mal Capital REIT, the first REIT listed on DFM and managed by Al Mal Capital, a subsidiary of Dubai Investments, has announced the successful completion of its recent rights issue, generating AED180 million ($49 million) in fund raise. -
ADQ acquires 49pc stake in Plenary Group
ADQ, an Abu Dhabi-based investment and holding company, will acquire a 49% stake in Plenary Group, a leading independent investor, developer and manager of public-private infrastructure projects headquartered in Australia.
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