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IHC invests $2bn into Adani Portfolio companies for clean energy
Investment will positively impact India’s overarching ambition for long-term clean energy, says IHC CEO. International Holding Company (IHC) has announced the completion...
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Etihad Rail says work on rail network 75% complete
Access to rail in every emirate will bring wide range of benefits to the population of the UAE says top official. Etihad...
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Muscat Municipality to begin work on Phase One of Golden Jubilee Walk
It includes recreational elements, areas for picnics and physical activities, a bicycle path, and various other services in addition to 38,250sqm of...
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Aqar launches new high-end integrated residential complex in Oman
Construction works will be undertaken by Al Binaa Contracting Company, and is scheduled for completion by the end of 2025. Oman-based Al...
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Houlihan Lokey secures funding for SPIPD’s Imperial Avenue project in Downtown Dubai
45-storey tower is Shapoorji Pallonji International Property Developers’ flagship project in the UAE. Global investment bank Houlihan Lokey has announced it has...
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Dur Hospitality awards $48.5mn contract for development of Rixos Jeddah Resort
Once complete, the resort will feature two restaurants, a health club, swimming pool, an integrated children’s club and banquet halls, in addition...
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Infrastructure works completed on AlShahd 2 in Jordan says developer
Work on the Jordan-based project included rehabilitation of the surrounding road network, building of a community garden, gates and pedestrian pathways; as...
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SABIC begins start-up of pre-commissioning works of $1.7bn production complex in China
670,000sqm polycarbonate production complex in Tianjin Binhai New Area of China is being developed in a JV with Sinopec. Saudi Basic Industries...
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Dubai’s Union Properties sees 7.6% increase in revenues in Q1 2022
Revenues of $28.8mn driven by rebound of Dubai real estate sector and improved performance from subsidiaries. Union Properties has announced revenues of...
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KAFD inks strategic deal with hospitality group to develop F&B offerings
MJS’s plans to launch Zuma, Mr. Chow, Amazonico and other hospitality offerings according to KAFD. King Abdullah Financial District (KAFD) has announced...
