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RAK Properties launches final phase of Quattro Del Mar
RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has announced the release of the final phase of Quattro Del Mar, its iconic waterfront development in Mina Al Arab. -
Schneider Electric JV launches new energy solutions venture
Schneider Electric, a leader in the digital transformation of energy management, automation, has announced the official launch of its new venture in Abu Dhabi - Taqana Energy Solutions - set up in partnership with Arab Development Establishment (ADE). -
GFH, GWC in deal to develop key Saudi logistics infrastructure
200,000 sqm GRADE A FACILITIES
GFH Financial Group (GFH), a leading financial institution with a strong focus on logistics sector, has reached an agreement with Gulf Warehousing Company (GWC) for development of 200,000 sq m area of Grade ‘A’ logistics facilities across Saudi Arabia. -
EDF-Masdar consortium seals $1.5bn Red Sea Global deal
AMAALA UTILITY INFRASTRUCTURE
Red Sea Global (RSG) has closed a $1.5 billion deal with a consortium led by French utility major EDF and Masdar, along with Korea East-West Power and Suez for development of multi-utility infrastructure within its Amaala wellness destination. -
Pantheon Development acquires prime land from Marjan
Marjan, a master developer, through its subsidiary RAK Central, has signed an agreement with Pantheon Development, to acquire and develop a major project at their progressive mixed-use destination in the northern emirate. -
Sweid & Sweid sets up $75m industrial project in Atlanta
Dubai-based Sweid & Sweid has successfully completed RP10 - its inaugural class-A industrial real estate project in US - for AED275 million ($75 million). Located in Atlanta on a 825,000 sq ft area, the bulk industrial development was completed on time. -
Rikaz launches Zaya with Investments totalling $160m
Saudi real estate firm Rikaz has announced the launch of Zaya, its affiliate company specialising in developing residential and commercial projects, with investments amounting to SR600 million ($160 million). -
Ginco to build 484 Expo City villas
Master real estate developer Expo City Dubai has appointed Ginco General Contracting as the main contractor for the construction of 484 villas in its gated community Expo Valley, marking a major milestone in the Expo 2020 legacy city’s development plans. -
Hassana, EIG in collaboration for key Mideast infrastructure projects
Hassana Investment Company has signed an agreement with EIG, a leading institutional investor, for joint collaboration on major infrastructure and energy transition projects in the Middle East through EIG’s targeted $1 billion dedicated regional fund. -
Dubai Reef completes work on first 1,000 purpose-built modules
Dubai Reef has announced that it has reached a major milestone with the fabrication of the initial 1,000 purpose-built reef modules. The project involves the deployment of 20,000 purpose-built reef modules of various sizes over a three-year period. -
HK-Saudi consortium lands KAFD monorail project contract
A consortium of Hong Kong-based builder CRRC and Saudi unit of Hassan Allam Construction has secured the contract from King Abdullah Financial District Development for its groundbreaking monorail project, spanning 3.6km with six stations along the route. -
Binghatti unveils $1.36bn waterfront project in Business Bay
Dubai developer Binghatti Developers has announced the launch of its newest icon - Binghatti Skyrise - in the Business Bay area. The architectural masterpiece will boast more than 3,000 residential units designed in a contemporary style.
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