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Diriyah awards $202m excavation contract for mega Saudi project
Saudi developer Diriyah has awarded SAR758 million ($202 million) excavation works contract for Phase Two of its mega project thus marking a key milestone in the development of City of Earth. Over 600 heavy machines will be deployed on-site for the work. -
ONE Development picks Amr Diab as Brand Ambassador
ONE Development, an international boutique real estate developer, has announced a strategic two-year collaboration with international music legend Amr Diab as its official brand ambassador. -
Waldorf Astoria set for Bahrain debut with 120-key property
Global hospitality group Hilton has sealed a partnership deal with Al Sorouh Hospitality Development for the launch of its debut Waldorf Astoria property in Bahrain. Located in the heart of Manama, the Waldorf Astoria Bahrain Bay will boast 120 well-desig -
Dubai residential sales up 15.4pc; commercial sales hit $2.5bn
Dubai’s real estate market continued to grow robustly in November, with the residential sector posting a 15.4% year-over-year increase and the commercial market recording a total sales value of AED9.2 billion ($2.5 billion). -
Mered signs up Sera to deliver 310-unit Dubai luxury tower
Mered, a leading real estate developer, has signed up Sera Group as general contractor for its flagship Iconic Residences located in Dubai Internet City. The project, which features 310 luxury apartments and key amenities, is due for handover in Q3 2027. -
Arcapita to build mixed-use logistics complex in Riyadh
DEAL INKED WITH SAUDI GROUP
Bahrain-based Arcapita Capital Company has reached an agreement with Flow Progressive Logistics, an end-to-end Saudi supply chain management company, to develop a modern class mixed-use storage complex over a 80,000 sq m area in Riyadh. -
P&G inks solar lease agreement with Yellow Door Energy
Procter and Gamble (P&G) has signed an agreement with Yellow Door Energy, a leading sustainable energy partner for businesses in the Middle East and Africa, to set up a 500kWp solar carport system at its office located within Jafza industrial park. -
Dar Global unveils $531m Trump residential tower in Jeddah
47-STOREY ARCHITECTURAL MARVEL
Dar Global, a luxury developer, has announced the launch of Trump Tower Jeddah, a SAR2 billion ($531 million) architectural marvel, in partnership with Trump Organization. A 47-storey building, it will stand as one of Jeddah's tallest residential towers. -
Nakheel launches latest phase of Bay Grove Residences
Nakheel, a member of Dubai Holding Real Estate, has announced the launch of the latest phase of Bay Grove Residences on Dubai Islands, following the resounding success of its first phase, unveiled in October. -
Diriyah signs up Golf Saudi to operate Wadi Safar, Royal Golf Club
The Diriyah Company has signed a landmark partnership with Golf Saudi, designating it as the operator of the Wadi Safar Signature Golf Course and the Royal Golf Club – a major upcoming attraction at its sprawling development on the outskirts of Riyadh. -
Yutong breaks ground on e-bus assembly unit in Qatar
Yutong, a Chinese manufacturer of commercial vehicles, has broken ground on its electric bus assembly plant located at Qatar's Um Al Houl Free Zone. Spanning 53,000 sq m, the new greenfield facility will manufacture metro feeder and school buses. -
Saudi ready-mix Abdallah Abdin first in Mena to get CSC certification
Saudi-based Abdallah Abdin has become the region's first ready-mix concrete company in the Middle East and North Africa to obtain CSC certification. This makes it the first company outside Europe, South America and Turkey to achieve this feat.
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