Dubai Investments, a leading diversified investment company, has signed an agreement with Marjan, the master-developer of freehold properties in Ras Al Khaimah, to acquire land to develop a AED1-billion ($272 million) mixed-use beachfront residential, beach resort and lifestyle destination on Al Marjan Island.
THE UAE has announced the establishment of a new council which will be responsible for the planning and implementation of infrastructure and housing projects and catering to the Emirati housing needs over the next 20 years.
SHARJAH Investment and Development Authority (Shurooq) has announced that the Mysk Moon Retreat has begun welcoming guests to experience the emirate’s first-of-its-kind luxury glamping destination, while unveiling four new luxury hospitality projects in Sharjah’s Central and Eastern regions.
ETIHAD RAIL, the developer and operator of the UAE National Rail Network, has signed a strategic partnership with Herrenknecht, one of the oldest and largest companies specialised in tunnelling solutions, to develop new tunnel design and construction technologies.
DUBAI’S Department of Finance (DoF) has announced a large number of projects worth more than AED25 billion ($6.8 billion) under the public-private partnership (PPP) portfolio.
EMIRATES Water and Electricity Company (Ewec), a leading company in the integrated coordination of planning, purchasing and supplying of water and electricity across the UAE, has invited expressions of interest (EoIs) for the development of the Shuweihat S4 Reverse Osmosis (RO) water project in Abu Dhabi.
UTICO, a leading private utility company in the UAE, and Siemens signed a memorandum of understanding (MoU) for the strategic engineering, supply and services for Hassyan independent water project (IWP).
THE Department of Culture and Tourism – Abu Dhabi (DCT – Abu Dhabi) has announced that a contract worth $1 billion has been awarded for the development of the Guggenheim Abu Dhabi, a Frank Gehry-designed museum being developed at Saadiyat Island.
CONTRACTS have been awarded for the construction of 25 waterfront residential buildings featuring a total of 1,464 apartments at Mohammed Bin Rashid Al Maktoum City – District One, a part of the Meydan master development in Dubai.
DUBAI-headquartered MyCrane, the world’s first digital platform for the search and selection of crane contractors, has signed an agreement with Pesco Switzerland, an engineering, procurement and construction management company (EPCM).
