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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. -
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. -
GS Inima consortium inks Oman desalination plant deal
Spanish utility major GS Inima has signed an agreement with Oman's Nama Power for the development of Phase Three of Ghubrah, the largest desalination plant in the sultanate with 300,000 cu m capacity. Commercial operations are set to begin in Q1 2027. -
Dubai plans 200 projects under 'Quality of Life' strategy
WELL-BEING OF ALL GOAL
Dubai has launched its “Quality of Life Strategy 2033”, a visionary plan comprising 200 projects and initiatives dedicated to ensuring the comprehensive well-being of all segments of the community including nationals, residents and visitors. -
Tecom Group to invest $460m in strategic projects
The Board of Directors at Tecom Group has approved a AED1.7 billion ($460 million) Strategic Acquisition and Development Plan as part of its clearly defined roadmap to achieve sustainable growth and deliver strong results.
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