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Adrak seals partnership deal for 300-unit Oman luxury project
Oman-based Adrak Developers has signed a partnership agreement with the Ministry of Housing & Urban Planning for the development of Neighborhood 12 D, featuring 300 high-end residences spread across a 56,166 sq m area within the Sultan Haitham City. -
Almal launches flagship hotel and residences project in RAK
Dubai-based Almal Real Estate Development has officially launched its flagship hotel and residence project on Al Marjan Island, Ras Al Khaimah. The Unexpected Al Marjan Island Hotel & Residences boasts 422 hotel and residential units along with several ke -
Retal wins $770m contract to build Dhahran city residences
Saudi-based developer Retal said one of its key subsidiaries has secured a SAR2.8 billion ($770 million) contract from Roshn, the PIF-owned giga project developer, for the construction of 1,962 residential units at its premium project Aldanah in Dhahran. -
Acres debut expo ends on high note, nets big real estate deals
The inaugural edition of Acres Real Estate expo ended on a high note, marking a key milestone with solid real estate deals for both local and international projects. It attracted a remarkable turnout of visitors and businessmen from across the globe. -
Cement production has the potential to be a net-zero industry: WCA
For the first time in history, cement production has the potential to become a net-zero industry, said a top official of World Cement Association at its annual summit, while outlining the key challenges and transformative opportunities facing the sector. -
Trimble’s hitech solutions to transform GCC projects ahead of Expo 2030
Trimble, a leader in construction technology, is set to revolutionise the construction industry in the GCC region ahead of Riyadh Expo 2030. With its advanced suite of solutions, Trimbe is paving the path for development of hitech projects in the region. -
Azizi renews partnership with Light Concept for mega project
Azizi Developments has renewed its partnership with Light Concept, a senior lighting consultant, for the fourth phase of its waterfront community Riviera, in Dubai. Under this deal, it will provide the design of façade lighting within the mega project. -
Etihad WE in deal to boost EV charging infrastructure in UAE
The UAE government has joined hands with Etihad Water and Electricity for a pioneering joint venture, UAEV, that will provide electric vehicle (EV) charging infrastructure across the UAE. It is the first EV charging network owned by the government. -
Sweid & Sweid announces completion of Grade-A property in Dubai
Sweid & Sweid said work has been completed on its latest Grade-A commercial property - 6 Falak - in Dubai Internet City. Spanning 102,000 sq ft, it offers several key amenities including a tranquil private garden and event space for exclusive tenant use. -
Riyadh office market posts robust growth in Q1, says report
Despite global economic challenges and a GDP that was revised downward by 0.8% last year, the office market in Saudi capital Riyadh maintained its robust performance in Q1, driven by the resilient performance of the non-oil sector, according to a report. -
Property Finder announces buyback from first investor
Property Finder, a leading property portal in the Middle East and North Africa, has announced the successful raise of $90 million in debt financing and the buyback of shares from Beco Capital, thus marking a significant tech exit in the Mena region. -
AESG names new cost management division head
AESG, a leading engineering and advisory firm founded in UAE, has appointed Daniel King as the new Cost Management division head. An industry veteran, King brings with him expertise in pre-contract and large-scale project cost management to the new role.
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