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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. -
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. -
ARA unveils $6bn Arabian Hills Estate in Abu Dhabi
244m sq ft FREEHOLD PROPERTY
ARA Real Estate Development, a Core Holding subsidiary, has unveiled the Arabian Hills Estate, an AED22-billion ($6 billion) master-planned, gated community in Abu Dhabi, at an exclusive event held in Madinat Jumeirah, Dubai. -
$3bn UAE-Oman rail project enters implementation phase
THREE MAJOR DEALS INKED
The $3-billion railway project between Oman and the UAE has entered the implementation phase, said a top official of Oman and Etihad Rail (which has been now rebranded as Hafeet Rail). Three major agreements, including the civils deal, have been sealed. -
Oman floats service tenders for Sultan Haitham City project
Oman has floated three service tenders for the Sultan Haitham City project, first phase (2024-2030). The first tender is for the road infrastructure; the second for water networks and the third one is for power substations.
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