Kooheji Development, Bahrain’s leading real estate company, together with its key unit, Kooheji Contractors, has broken ground on a new luxury development named Onyx SkyView – the second project within its Onyx series.

Construction costs are set to increase across the Middle East region this year amid fresh challenges for the sector in the form of inflation, according to a report published by Currie & Brown, a world-leading provider of cost management, project management and advisory services.

Bareeq Al Retaj Real Estate Company, a leading real estate developer in Bahrain, has started handing over all the 97 residential villas within the second phase of the ‘Wadi Al Riffa’ residential project in the Riffa region of the kingdom.

Oman's Ministry of Housing and Urban Planning has awarded RO1-billion ($2.58 billion) contracts for the development of Phase One of its mega project – Sultan Haitham City (SHC) – in Muscat.

UD Trucks, a leading Japanese commercial vehicle solutions provider, has announced record sales of its products and service in the Middle East, East and North Africa (Meena) region in 2023, even as the brand launched its Euro 5 range model in Saudi Arabia.

Eagle Hills International, an Abu Dhabi-based private real estate investment and development company, has signed a $4 billion joint venture agreement to establish Binaa Al Bahrain, a real estate development company in Bahrain.

Eagle Hills Diyar, the pioneering developer behind the Marassi Al Bahrain project, opened its prime development – Marassi Galleria – on February 21. The beachfront mall was inaugurated during a grand ceremony held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.