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Edamah issues RFP for Sitra Industrial Park consultancy

Bahrain Real Estate Investment Company (Edamah) a unit of the kingdom s sovereign wealth fund Mumtalakat has issued request for proposals (RFP) to leading architectural firms for providing lead consultancy...

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Bahrain floats tenders for vital road infrastructure projects

Bahrain s Ministry of Works has floated tenders for a series of road infrastructure development projects such as demolition work at Ghirayfah for the widening of Al Fateh Highway as well as engineering...

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Bahrain set to float tenders for key sewage network project

Tenders for a major sewage network project covering Blocks 1203 and 1016 in Hamad Town and Luzi will be issued soon after receiving the necessary funding from the government reported the Gulf Daily News...

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Lighting consultancy Nulty names design director for Dubai

International lighting design consultancy Nulty has appointed Brice Schneider as design director for Dubai following a period of expansion for its Nulty and Studio N brands. In this role Schneider will...

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Existing property transactions sustain momentum: report

In the first quarter (Q1) of 2024 Abu Dhabi recorded spikes in ready transactions while Dubai sustained a growing interest for both existing and off-plan properties says a report. Unlike Q1 2023 where...

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True Gamers unveils plans for $1bn esports island in Abu Dhabi

Gaming lounge operator True Gamers has unveiled plans to build Abu Dhabi s first esports island within Al Raha Beach area at an estimated cost of 1 billion reported The National . A first-of-its-kind project...

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Statevolt unveils plans for $3.2bn battery cell gigafactory in RAK

Statevolt a global leader in green industrialisation headquartered in California US has announced plans to build a new state-of-the-art technology-agnostic battery cell Gigafactory in Ras Al Khaimah UAE...

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Abu Dhabi's real estate transactions top $4.32bn in Q1

The value of real estate transactions in the Emirate of Abu Dhabi reached AED15.9 billion ( 4.32 billion) during the first quarter of 2024 (Q1 2024) registering 5 127 sales and mortgage transactions on...

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ICD, Brookfield sells 49pc stake in premium DIFC property

Investment Corporation of Dubai (ICD) and Brookfield Corporation (Brookfield) have announced that they have reached an agreement with Olayan Financing Company and Lunate for the sale of a 49% stake in...

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Kuwait seeks bids for 1,100MW Al Dibdibah-Al Shagaya project

The Kuwait Authority for Partnership Projects (KAPP) has - in collaboration with the Ministry of Electricity & Water & Renewable Energy (MEWRE) of Kuwait - issued requests for qualification (RFQs) to the...

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Sharjah launches strategic water reservoir, tourist hotspot

Sharjah has announced the launch of the Al Hefaiyah Lake which aims to serve as a strategic water reservoir for the northern emirate while also enhancing regional environmental variety. The lake located...

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Azizi ties up with Zoomlion for high-end mobile, tower cranes

Azizi Developments a leading private developer in the UAE has partnered with Zoomlion the renowned manufacturer of construction machinery and agricultural machinery for the supply of 20 premium mobile...

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Roshn teams up with Google Cloud to unlock the power of AI

Roshn Group a leading Saudi real estate developer powered by kingdom s wealth fund PIF has signed an agreement with Google Cloud that seeks to leverage artificial intelligence (AI) to transform how it...

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Dubai South awards $408m contract for South Bay homes

Dubai South Properties has awarded contracts worth AED1.5 billion (( 408 million) to Al Kharafi Construction Company for the development of third fourth and fifth phase of its premium South Bay development....

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Aldar breaks ground on first logistics facility at Dubai South

Dubai South the largest single-urban master development focusing on aviation logistics and real estate has joined forces with Aldar the leading real estate developer investor and manager in the UAE to...

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DP World to build new grain, fertiliser terminal at Brazil’s Santos

DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos to handle 12.5 million tonnes a year of grains and fertilisers positioning the port as Brazil...

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