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Arada starts works at Armani Beach Residences at Palm Jumeirah
Leading UAE developer Arada has started piling and shoring works at its ultra-luxury Armani Beach Residences at Palm Jumeirah project in Dubai being developed in partnership with Armani/Casa Interior Design Studio and top Japanese architect Tadao Ando. -
Saudi Arabia to expand rail network to over 8,000 km, says minister
MAJOR GLOBAL LOGISTICS HUB
The Kingdom of Saudi Arabia is set to experience unprecedented growth in its rail network, expanding to more than 8,000 km in the coming years. This expansion will further solidify the country's position as a global logistics hub, said a senior minister. -
Krohne announces Middle East, Africa team expansion
Krohne, a global leader in process instrumentation, has announced the strategic expansion of its Middle East and Africa team in a move aimed at bolstering the 104-year old family-owned company’s capabilities across systems and turnkey project management. -
Diriyah to spotlight retail investment opportunities at Cannes
Diriyah, a Saudi mixed-use developer driving the transformation of a historic city into a premier global destination, is set to present the latest developments of its flagship project, with focus on Diriyah Square - at Mapic 2024 expo in Cannes, France. -
Jadwa Investment inks $2.4bn Saudi real estate project deals
FOR RESIDENTIAL, MIXED-USE SPACE
Jadwa Investment, a leading investment management and advisory firm in Middle East, has awarded real estate contracts worth SAR9 billion ($2.4 billion) to address the growing demand for quality residential, commercial and mixed-use spaces in the kingdom. -
No hiccups on NEOM activities after project CEO's exit, says Webuild
Italy's construction group Webuild said all its activities connected to NEOM are moving as per schedule after the mega project's long-time CEO left the role last week, said a report. A Red Sea urban development, NEOM is set to house nine million people. -
SEC launches groundbreaking carbon capture project at Rabigh plant
Saudi Electricity Company (SEC) has announced that it had collaborated with King Abdullah University of Science and Technology (KAUST) to launch the world’s first-of-its-kind research project to capture carbon and pollutants at the Rabigh Power Plant. -
Light Middle East Awards receives 183 entries
The organisers of the 11th annual Light Middle East Awards have announced the shortlisted candidates, recognising outstanding achievements in lighting design and technology. A total of 183 entries were submitted across various categories. -
Austrian group in deal to boost KSA mining, construction sectors
Austrian group MCI, a mining and material handling machinery leader, has signed a deal with Saudi-based Within Construction for Contracting that will see the duo deliver advanced, integrated solutions to the kingdom's mining and construction sectors. -
Imdaad enters Oman FM market with new venture Omdaad
Imdaad, a UAE-based facilities management services provider, has announced its strategic regional expansion into Oman through a JV with Oris, a part of Ominvest Group. The new venture, Omdaad will deliver comprehensive FM solutions in the sultanate. -
Damac Properties unveils largest master community in Dubai
UAE-based Damac Properties has announced the launch of its third and largest master community - Damac Islands - unveiled this year, featuring a range of luxury villas and trendy townhouses that offer residents the best of luxury living with island life. -
Infracorp posts solid 9-month results; net profit up 25pc
Infracorp, a major investor in the infrastructure and sustainability development sector, has recorded solid growth in the first nine months with a 25% jump in net profit. The company also achieved significant milestones in real estate portfolio projects.
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