CATEGORIES

Kleindienst marks topping out of Artist Hotel

KLEINDIENST Group, a leading global business conglomerate and master developer behind The Heart of Europe on Dubai's World Islands, has achieved a major construction milestone with the topping out of The Artist Hotel, an innovative luxury hub designed for global artists.

Select awards contract for $1bn Dubai Marina project

SELECT Group, a leading real estate developer, has announced that it had awarded Arabian Construction Company (ACC) the construction contract for its iconic ultra-luxury development, Six Senses Residences Dubai Marina, with a gross development value of over $1 billion.

Amaal to make debut with lifestyle-led Dubai project

AMAAL, a pioneering real estate developer powered by Ayana Holding, has announced the launch of its debut development, Amaal 8, a high-rise residential project featuring 512 residences spread across 48 levels.

Damac unveils wellness-focused Sun City

DAMAC Properties has announced the launch of its fifth master community, Damac Sun City, in Dubailand, which will offer a unique blend of wellness-focused living, nature, and modern luxury benefitting physical, mental, and overall resident well-being.

Alef Group launches $681m residential project

ALEF Group, a leading real estate development company in Sharjah, has announced the launch of its latest residential project, Olfah.

Union Properties launches 'Takaya' in Motor City

UNION Properties has launched its AED2-billion ($540 million) Takaya, a mixed-use project being constructed over a 436,175-sq-ft area in Motor City, overlooking the Dubai Autodrome.

Dubai's ruler approves new masterplan for Expo City

HH SHEIKH Mohammed bin Rashid AI Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved a new masterplan for Expo City Dubai outlining its role in spearheading the emirate's future development and enhancing its global stature.

Nakheel awards $1.4bn deals for Palm Jebel Ali villas

NAKHEEL, a member of Dubai Holding Real Estate, has awarded three major contracts, collectively valued at more than AED5 billion ($1.4 billion) for the development of luxurious beach and coral collection villas on the first six fronds of Palm Jebel Ali in Dubai.

Arada announces $1.36bn three-tower development

SHARJAH developer Arada has announced the launch of W Residences at Dubai Harbour, a three-tower luxury seafront development with a world-class array of amenities located in the heart of one of Dubai's most popular and in-demand districts.

JCV hosts successful trucks expo in Abha

JUFFALI Commercial Vehicles (JCV), a leading provider of logistics solutions in Saudi Arabia, recently held a highly successful Truck Solutions Exhibition in Abha.

SBG to resume work on 'world's tallest tower'

KINGDOM Holding Company (KHC), a Saudi conglomerate with interests in key sectors such as hotel management, real estate and equity, has announced that Saudi Binladin Group (SBG) will soon resume the construction work on Jeddah Tower being developed as part of the Jeddah Economic City project.

EIM brings Bestune models to kingdom's market

EMPIRE International Motors (EIM), an automotive distributor in Saudi Arabia which was established last year, has introduced Bestune SUVS as tailored mobility solutions for professionals in the construction and other industrial sectors.

Ladun to develop $220m Makkah mixed-use project

SAUDI-BASED Ladun Investment has announced that it has signed a partnership agreement with Mawten Real Estate Company to develop a mixed-use project in Makkah region at an investment of SR827 million ($220.2 million).

Excavation for Murabba's Mukaab 86pc complete

NEW Murabba Development Company, a unit of Saudi sovereign wealth fund PIF, has announced major progress in the creation of its groundbreaking urban destination in Riyadh.

KEC unit to develop 5,000 hotel rooms in Madinah

KNOWLEDGE Economic City Company (KEC) has announced that one of its key subsidiaries, AI Gharaa International Real Estate Development Company, has entered into deals with global hospitality groups Hilton, Marriott International, InterContinental Hotel Group and Radisson - as well as Southeast Asia's largest privately-owned hotel management group Archipelago to develop a range of hotels within the first phase of its ambitious Islamic World District Project.

FCC-Nesma team wins $1bn Qiddiya stadium contract

QIDDIYA Investment Company (QIC), a wholly-owned unit of Saudi wealth fund PIF (Public Investment Fund), has appointed a consortium of Spain's FCC Construcción and Saudi contractor Nesma & Partners for the construction of the Prince Mohammed bin Salman Stadium located within its entertainment and tourism mega-project in Riyadh.

Region's first Wavegarden Cove surf park in Bahrain

BAHRAIN Real Estate Investment Company (Edamah), a wholly-owned subsidiary of the kingdom's sovereign wealth fund Bahrain Mumtalakat Holding Company, has partnered with GFH Financial Group to launch the Mena region's first surf park using the state-of-the-art 'Wavegarden Cove' technology.

Etihad Rail inks $1.5bn finance deal for Hafeet rail

ETIHAD Rail has announced the signing of a financing agreement worth $1.5 billion with a group of Emirati and Omani banks backed by regional and international financial institutions for the Hafeet Rail network project connecting the UAE with the Port of Sohar in Oman.

GCCIA eyes grid extension to Jordan, Egypt after Iraq

THE operation of the GCC power grid connection with Iraq will begin, by early 2025 enabling Gulf countries to supply the West Asian nation with 3.94 terawatt-hours annually.

Oman awards $590m Sultan Haitham City deals

OMAN'S Ministry of Housing and Urban Planning has signed contracts worth RO228 million ($590 million) for the infrastructure development of Phase One of Oman's mega Sultan Haitham City project at the Urban October Conference and Home & Building Expo held last month in Muscat.

Kooheji to unveil new 'groundbreaking' project

KOOHEJI Development plans to unveil a groundbreaking new project 'that is set to redefine luxury living in Bahrain', the name and details of which will be revealed at Cityscape 2024, said the leading real estate developer in Bahrain.

EPC contracts: how to avoid disputes

EPC contracts can streamline large infrastructure projects by bundling engineering, procurement and construction phases, but they require clear risk allocation and proactive management to avoid disputes

Good Faith addressed in DIFC Courts

STUART JORDAN* provides an insight into a recent DIFC Courts decision, where the court upheld a time bar in a construction contract dispute, rejecting the argument that Good Faith required that the agreed-upon terms be disregarded.

Ritchie Bros. wraps up successful Dubai auction

RITCHIE Bros. has announced the successful conclusion of its unreserved online auction held on September 24 and 25 in Dubai, UAE.

Intersec 2025 awards attract over 1,400 entries

THE Intersec Awards 2025 are set to return for a fourth consecutive year, where they will be celebrating excellence in security, safety and fire prevention, recognising the individuals, teams and organisations setting new standards of excellence in these critical industries.

MEGA SHOW SET TO DRAW 100,000

The region’s largest construction showcase opens its doors later this month in Dubai, putting the spotlight on solutions and services offered by more than 2,700 exhibitors coming from 65 countries. Running alongside Big 5 Global are new events, LiveableCitiesX, Future FM and GeoWorld.

SHOWCASE FOR $1.7TRN MARKET

The region’s longest running construction event, Saudi Build is set to open this month, showcasing the latest innovations and services of more than 600 exhibitors from 32 countries around the globe.

Caterpillar introduces next-gen loaders

CATERPILLAR has introduced eight new next-generation Cat Skid Steer Loaders (SSLs) and Compact Track Loaders (CTLs), offering enhanced power, performance and comfort.

Ideal Standard unveils eco-conscious solution

IDEAL Standard has introduced what it describes as \"the next evolution in sustainable shower trays\" with the fully recyclable UltraFlat Evo range.

MB Crusher attachments boost efficiency

MB Crusher is looking at revolutionising the construction industry with its multifunctional attachments that transform heavy machinery into versatile tools.