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Hassan Allam unit wins Amaala Triple Bay hotel contract
Egyptian builder Hassan Allam said its Saudi unit has secured an additional contract for a hotel in Amaala Triple Bay, situated along the kingdom's west coast. The scope of work includes civil construction, secondary infrastructure and inground service. -
Korean contractors snap up $2.4bn Middle East orders
9% FALL IN ORDERS
The Middle East region accounts for the largest share of overseas construction contracts which have been won by Korean construction firms in Q1, said a report, adding that of $5.5 billion orders globally, around 44% ($2.4 billion) came from this region. -
Summit puts spotlight on latest developments in desal sector
Leading energy industry experts as well as specialist companies in the utility sectors were at the World Future Energy Summit (WFES) in Abu Dhabi for a special session that put spotlight on the latest developments in the water desalination sector. -
Msheireb launches inaugural Innovation in Design awards
Qatar-based Msheireb Properties has partnered with Fast Company for the launch of its inaugural Innovation in Design awards, which celebrates design-driven solutions in the realms of sustainable, lifestyle and luxury design. -
Emirates REIT records highest ever property income in 2023
Equitativa, the largest REIT (real estate investment trust) manager in the Gulf region, said its key unit Emirates REIT has reported healthy results for FY 2023 with a record property income and a 34% growth in net asset value hitting $500 million. -
Victaulic names offsite construction manager for Saudi Arabia
Victaulic, a US-headquartered expert in mechanical pipe joining systems, has announced the strategic hire of Neil Wypior, an industry veteran with over two decades of experience, as the new offsite construction manager for the Kingdom of Saudi Arabia. -
Ideal Standard wins big at iF Design Awards 2024
Ideal Standard, a leading provider of bathroom and washroom solutions, has won top recognition at the 2024 iF Design Awards for its new product ranges - Solos, La Dolce Vita and Alu+ - created by renowned designer Roberto Palomba. -
EtihadWE to establish EV charging infrastructure in Northern Emirates
An Ajman-headquartered company is launching a major initiative to expand the distribution and construction of high-speed EV charging stations throughout the Northern Emirates. It is actively replacing old chargers with high-speed alternatives. -
Middle East Energy exhibition in Dubai cancelled
HEAVY RAINS DISRUPT LIFE
The organisers of Middle East Energy (MEE), the Middle East and Africa’s largest and most comprehensive energy event, have announced the cancellation of the event that was earlier rescheduled to start today (April 17). -
Masdar City plans $1bn investment in critical sectors
AI, ENERGY, LIFE SCIENCES TARGET
Masdar City has revealed that there are projects under the design phase with an investment cost ranging between AED3-4 billion ($817 million - $1 billion) that target key sectors like energy, artificial intelligence, space, life sciences and agriculture. -
Ewec issues RFPs for 1.5GW Abu Dhabi solar PV project
Emirates Water and Electricity Company (Ewec) has issued request for proposals to all the prequalified developer/consortiums for a 1,500MW solar PV project in Abu Dhabi. Once operational, it will raise Ewec’s total installed solar PV capacity to 5.5GW. -
Dubai records $1.7bn in luxury home sales in Q1, says expert
A total of 105 homes priced in excess of $10 million were sold in Dubai during the first quarter, up 19% over last year, according to a leading property expert. The Palm Jumeirah dominated the luxury homes market in Q1 recording deals worth $628 million.
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