Dubai Maritime City invests $38.1mn into infrastructure

Infrastructure project includes developing networks for deep sewage, stormwater, fire, irrigation, potable water, telecommunication and roads. Dubai Maritime City (DMC) has announced...

ACWA Power-led consortium secures $1.3bn loan deal for The Red Sea Project multi-utilities project

Senior debt project is financed through a combination of US dollar denominated and Saudi Riyal denominated soft mini-perm and long-term financing provided...

Savills bolsters global residential development consultancy team with hires and restructuring

New team members will be responsible for growing the firm’s presence in the branded in the luxury residential market segments. Savills, the...

QIC awards $750mn contract for 252,000sqm water park

Qiddiya is billed as the future capital of entertainment, sports and culture in the region. A $750mn contract has been awarded by...

DEWA adopts smart ball leak detection system to reduce water losses

Technology has saved 68.45m gallons of water and generated AED2.74mn in cost savings. Dubai Electricity and Water Authority (DEWA) has said that...

Finland’s Metso Outotec signs $26m agreement for plant in Turkey

Siderite calcination plant will have an annual capacity of 600,000 tonnes. Metso Outotec, the Finnish industrial major, has said that it has...

19 firms in the running for 300km Saudi water transmission project

The winning developer will provide the entire transmission capacity to SWPC under a water transmission agreement (WTA) . 19 developer/developer consortiums have...

Exterior construction completed on new cancer centre affiliated with Cleveland Clinic Abu Dhabi

19,000sqm facility scheduled to begin receiving patients later this year. Mubadala Investment Company has announced that exterior construction has been completed on...

Emerson expands manufacturing base in Saudi Arabia with new facility

New facility highlights the company’s support and alignment with regional localisation initiatives such as the IKTVA program and Saudi Vision 2030. Technology...