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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...
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$670mn added to its backlog in Q3 2022 says Orascom Construction
The firm said that its US subsidiaries accounted for 30% of the business during the quarter. $670mn worth of new contract awards...
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NPCC breaks ground on new 40,000sqm fabrication yard in Saudi Arabia
The capacity of the fabrication yard is expected to reach 60,000 tonnes per year by the end of the final phase, scheduled...
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Hotel Development inks deal with Ennismore to open two hotels in Trojena
The move is the first step in Hotel Development’s goal of establishing a world-class tourism sector in Neom, in line with Saudi...
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MCRE achieves record Q3 result of over $136mn in sales in Abu Dhabi property market
The firm says Abu Dhabi is increasingly attracting international buyers thanks to its safe and competitive characteristics. Metropolitan Capital Real Estate (MCRE)...
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DEWA’s Jebel Ali complex wins Guinness World Record title
The accolade hallmarks the facility as the largest single-site desalination plant in the world. Dubai Electricity and Water Authority (DEWA) has won...
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Union Properties announces completion of $162mn debt restructure
The developer's management team remains focused on improving the efficiency of the business and driving cost synergies across its subsidiaries, it noted....
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Ajdan Real Estate to develop $66.5mn Bayfront on Al-Khobar Corniche
The $66.5mn project will offer a variety of retail, a mix of upper casual and fine-dining restaurants, as well as leisure and...
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Qatar’s hospitality sector to grow by 89% by 2025 predicts Knight Frank
Firm says that tourist arrivals are slowly recovering in Qatar, as authorities begin to scale back COVID-linked travel restrictions. According to research...
