GCC project awards declined during the third quarter of the year as global economic challenges mounted, with the region’s total contracts value falling by 40.8 per cent to $11.1 billion from last year’s figures of $18.8 billion, according to Kamco Invest, a regional non-banking financial powerhouse. This decline was intensified by high inflation...
Infrastructure fees scrapped in ‘developed areas’
In a major move, His Royal Highness Prince Salman bin Hamad Al Khalifa, the ...
With more than $121 billion worth of social projects planned and underway across the ...
Mega solar power plant inaugurated in Qatar
Al-KharsaahH Solar PV Power Plant (KSPP), the first in Qatar and one of the largest in ...
Dar Al Arkan launches sale of $274m seafront project
Dar Al Arkan Global, a leading real estate company in Saudi Arabia, has officially ...
Saudi-based Jabal Omar Development Company (JODC) has announced that work is moving at a steady pace at its mega master development in Makkah with Phases Two and Three targeted for completion by the year-end and Phase Four by Q4 2024. The three phases, once complete, will comprise a total of 15 towers, including four- and five-star hotels with 5,000 ...
New firm set up to develop downtown areas
HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, and Chairman of the ...
TRSDC rebrands as Red Sea Global
The Red Sea Development Company (TRSDC), the developer behind the world’s most ...
Logistics park to be built at Jeddah port
Saudi Ports Authority (Mawani) has signed a contract with Globe Group, a leading ...
Daikin, a leading global manufacturer of heating, ventilation, air-conditioning and ...
Leading UAE luxury project developer Damac Properties has launched ‘Chic Tower’, a 41-storey building located at the heart of Dubai’s Business Bay, even as it gears up to award the main contract for its Cavalli Tower, a 70-storey ultra-luxurious building in Dubai Marina overlooking Palm Jumeirah. Chic Tower currently features ...
Nakheel unveils residences at Palm
Dubai-based master developer Nakheel has announced the launch of a new selection of ...
Work nearing completion on Deyaar’s Midtown
Dubai-based developer Deyaar has announced that work is well advanced on two ...
Etihad Rail completes track in Sharjah, RAK
Etihad Rail, the developer and operator of the UAE National Rail Network, has announced ...
Azizi to deliver 1,164 homes in Riviera
UAE-based Azizi Developments has handed over the keys to seven buildings comprising 1,164 ...
The Big 5, the largest construction industry event in the region, opens its doors next month at Dubai World Trade Centre, drawing more than 2,000 exhibitors and 55,000 global attendees from over 150 countries into the Middle East and Africa (MEA) region which is riding high on a whopping $6.5 trillion projects– $3.5 trillion already under way and ...
After several years of showcasing the emirate’s grand property plans to trade ...
Gulf Coatings Show paints a rosy picture
The inaugural edition of the Gulf Coatings Show 2022 ended on a successful note at ...
The 39th Cersaie, the International Exhibition of Ceramic Tile and Bathroom Furnishings ...
