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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...
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Farnek completes carbon assessment of Oriental Press
The FM company said it was able to calculate the printing company’s CO2e emissions using consumption data and recognised scientific databases for...
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Over 100 historical Islamic sites to be renovated in Madinah
The projects will be driven by the Tourist Destination Development Office with an aim to complete the renovations by 2025. An initiative...
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Main works package will be awarded soon for Cavalli Tower project says DAMAC
The developer says it has appointed KEO as the supervision consultant for the project. Following the completion of enabling works at its...
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Mukesh Ambani purchases Dubai’s most expensive villa for $163mn
The lavish property is located in close proximity to his son's villa, which Ambani purchased earlier this year. Mukesh Ambani, India's second...
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Dar Al Arkan begins sales of apartments at $275mn Les Vagues residences by ELIE SAAB in Qatar
The premium residential project in Doha features one, two and three-bedroom apartments. Saudi-based Dar Al Arkan Global has kicked off sales of...
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Yellow Door Energy to develop over $1bn in sustainable energy projects following $400mn equity raise
The new sustainable projects will be funded through a combination of equity and debt securities, the firm says. Sustainable energy firm Yellow...
