Real estate fintech start-up Stake raises $8mn

The company has successfully attracted investments in excess of $12mn in 14 months. In a pre-series ‘A funding’ round, Dubai-based start-up Stake...

All-new Yas Park Gate set to feature 508 homes

Construction of Yas Park Gate is due to begin in Q1, 2023, with handovers expected to commence in Q1, 2026. Aldar Properties...

Farnek awarded $11.54mn in security contracts over last 12 months

The contracts are for a diverse range of sectors and in a number of locations in the UAE. Facilities management (FM) major...

Getting to grips with water scarcity

Decentralised water harvesting and storage ticks all sustainability boxes in water-stressed regions according to Dake Rechsand CEO Chandra Dake. The European Commission's...

55% of construction work at Falcon Interchange improvement project complete says RTA

Upgrading the interchange will ensure free traffic movement across the Al Shindagha Corridor (Al Khaleej and Al Mina Streets) and step up...

ALEC launches Strategic Project and Developments division

The division aims to provide a simpler, more robust and dependable delivery model that will enhance sustainability and deliver greater client value....

Emirates Steel Arkan plans to expand into new Asian and African markets

Group CEO says UAE steel and building materials company has increased its export markets to 60 by the end of the first...

South Korea Hydro and Nuclear Power wins $2.2bn contract from Russia’s Rosatom to build nuclear plant in Egypt

State-owned South Korea Hydro & Nuclear Power will build main and auxiliary buildings and structures of the turbine islands between 2023-2029. South...