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Red Sea Global confirms new brand identity and mandate
Formerly known as The Red Sea Development Company, the developer is responsible for the development of two luxury tourism destinations in the...
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Exclusive: MoEI discloses pre-qualification requirements for PPP street-lighting project
The scope of work for the project includes financing, designing, building, operating, maintaining and the transfer of the street-lighting network. The UAE’s...
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Aldar announces lagoons-themed villa community
The new prestige development is set to further enhance Saadiyat Island’s appeal as a luxury destination. Aldar Properties has launched Saadiyat Lagoons,...
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Masdar acquires UK-based BESS developer, Arlington Energy
Masdar’s acquisition of Arlington Energy will enable the development, construction, operational management, and financing of BESS projects under the Masdar-Arlington platform. Masdar...
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Dubal Holding and Imdaad co-invest in sustainable projects
Dubal Holding has previously said it is looking for investment opportunities to capitalise on innovative initiatives that encourage the transition of the...
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Majid Al Futtaim Communities begins handover of first phase of Al Yasmeen at Al Zahia
Al Zahia is owned by Sharjah Holding and managed by Majid Al Futtaim Properties. The handover of the first phase of Al...
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Arada closes $100mn tap of Sukuk issuance
Since its launch in 2017, Arada has launched three master-planned projects in Sharjah, with a combined sales value of $9.12bn. Developer Arada...
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Alfanar bags $320mn solar power and infrastructure contract in Saudi Arabia
The solar plant will cut the Jubail desalination plant’s consumption of crude oil by 410,000 barrels per year. Alfanar has won a...
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$61mn South Obhur Corniche waterfront project to be completed by Q2 2023
The sea front project will occupy an area of 180,000sqm and will add tourist value to the city of Jeddah. Jeddah Mayoralty...
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Qatar Tourism announces over two dozen new tourist facilities ahead of FIFA World Cup Qatar 2022
The developments are also part of the country’s plans to attract six million visitors a year by 2030. Ahead of the FIFA...
