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Qatari Diar, FTG break ground on $3bn leisure, tourism projectQatari Diar Real Estate Investment Company and FTG Development have announced the groundbreaking of its premium $3 billion tourism and leisure development - Land of Legends - being set up on a 650,000 sqm area within the Simaisma Project located 40km north of capital Doha. More… |
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Sineng Electric lands supply contract for 2.6GW Saudi solar projectChinese group Sineng Electric said it has secured key supply contracts for the 2.6GW PIF4, a landmark renewable energy project co-owned by a consortium of global utility major Acwa Power along with leading Saudi entities - Badeel and Sapco. The PIF4 project cl More… |
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Masdar consortium starts work on 1.5GW Abu Dhabi solar plantAbu Dhabi energy major Masdar has achieved a key milestone with the groundbreaking for its Al Ajban Solar project, a major single-site solar plant with a 1,500MW capacity, in partnership with EDF Renewables Middle East and Korea Western Power Company (Kowepo). More… |
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K-Mavins Group hands over $109m Dubai residential projectUAE-based group K-Mavins has announced that it has successfully handed over its luxurious residential project, Terrases Marassi Drive, located in Dubai's Business Bay. An AED400 million ($109 million) project, Terrases Marassi Drive features a range More… |
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Alstom lands Saudi Rail contract to power up key freight corridorAlstom, a global leader in smart and sustainable mobility, has announced that it has secured a new services agreement from Saudi Railway Company (SAR). This five-year Technical Support and Spare Part Supply Agreement (TSSSA), valued at SAR300 million ($8 More… |
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Bareeq Al Retaj to unveil Dilmunia residential complex at CityscapeBareeq Al Retaj Real Estate Company will be showcasing a strong line-up of properties from its extensive real estate portfolio, including Strata at Dilmunia, a contemporary residential complex located within Dilmunia Island, at the upcoming Cityscape Bahrain expo. More… |
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Saudi's Buraidah Oasis earns first globally-accredited water footprintIn a regional milestone, Buraidah Oasis, a project initiated by the National Water Company (NWC) in support of the Saudi Green Initiative, has recorded the first internationally accredited water footprint in the world and the first internationally accredited carbon footprint in the Middle Eas More… |
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HRE and One Broker sell out $177m Skyhills Residences 2HRE Development and One Broker Group have announced the successful sell-out of Skyhills Residences 2 in Jumeirah Village Circle (JVC) valued at over AED650 million ($177 million). This achievement underscores their continued success in delivering high-value real estate developments in Dubai&r More… |
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Pantheon celebrates huge success of One Central launchPantheon Development – a leading Dubai-based real estate developer – is celebrating the incredible success of its launch event for One Central in RAK Central, the company’s latest mixed-use project located in the heart of Ras Al Khaimah. More… |
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MAG Group real estate portfolio hits $11.9bnMAG Group Holding, the multinational conglomerate, has announced its portfolio of current and under development projects across its different real estate subsidiaries has reached AED 43.7 billion ($11.9 billion). MAG Group Holding’s real estate sub More… |
