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Shapoorji Pallonji wins 429-unit Riyadh residential project contract
Shapoorji Pallonji, a major Indian construction conglomerate, has secured a design-and-build contract from top Saudi real estate developer Roshn for a 429-unit residential community coming up within Phase Two of its flagship Sedra development in Riyadh. -
Miral signs up Emirates NBD as key banking partner
Abu Dhabi developer Miral has signed up Emirates NBD as the official banking partner across its multiple attractions including Ferrari World Yas Island, Yas Waterworld, Warner Bros. World Yas Island, CLYMB Yas Island and SeaWorld Yas Island, Abu Dhabi. -
Masdar City opens region’s largest pump track
Masdar City has opened the region’s largest pump track, for wheels of all kinds - bicycles, scooters and skateboards. Designed in partnership with Swiss group Velosolutions, the track was built with construction waste from previous Masdar City projects. -
Alef launches new residential cluster at Sharjah development
Leading UAE developer Alef Group has announced the launch of Nama 2, the second building in the Nama cluster located within its premium development, Al Mamsha Raseel, in Sharjah featuring a total of 1,029 residential units spread across six buildings. -
Saudi Red Sea Authority issues first three marina licences
Saudi Red Sea Authority (SRSA), the official regulator and key enabler of Red Sea coastal tourism, has issued the first three licences to marina operators - Al Ahlam Marina in Jeddah and Jazan, and the Red Sea Marina in Jeddah. -
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 MBR City, that will offer its residents an exclusive lifestyle with direct access to crystal lagoons and waterfront amenities. -
Hafeet Rail begins preparatory work on Oman-UAE railway
60 BRIDGES, TUNNELS TO BE BUILT
Hafeet Rail (formerly Oman and Etihad Rail Co) has announced that preparatory work is in full swing ahead of the construction of the railway link between Oman and UAE. The project scope includes the construction of 60 bridges as well as tunnel networks. -
Veolia lands $320m contract for Hassyan desalination plant
Veolia, the global water technology leader, has announced that one of its key subsidiaries, Sidem, has secured a $320-million contract to provide engineering services and supply key technologies for the Hassyan seawater desalination plant in Dubai. -
Masdar consortium to develop $10bn wind farm project in Egypt
DEAL INKED FOR 3,025 sq km PLOT
Abu Dhabi-based Masdar has joined hands with top African renewable energy developer Infinity Power and Egyptian group Hassan Allam Utilities to sign an agreement with the Egyptian government for setting up a 10GW wind farm at an investment of $10 billion. -
Diriyah eyes strategic UK partnerships at Riyadh event
Diriyah Company is set to forge closer partnerships with UK business leaders taking part in the Great Futures Forum in Riyadh. The event launches a year-long campaign designed to exhibit the British expertise pivotal to advancing Saudi Vision 2030. -
Kuwait airport Terminal 2 work nearing completion
25m PASSENGER CAPACITY
Turkish group Limak has announced that work is nearing completion on the Kuwait International Airport Terminal 2 (KIA T2) which boasts several innovative, modern systems as well as key facilities. Once operational, it will cater to 25 million passengers. -
Yanbu, Madinah utility projects achieve major safety milestones
Saudi Water Partnership Company (SWPC) has announced that two of its big utility projects - Yanbu 4 IWP and Madinah 3 ISTP - have achieved major safety milestones by clocking 24 million and 3 million manhours without injuries respectively.
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