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  Siemens Mobility, Egypt sign MoU to build Egypt’s first high-speed rail system

  The agreement is for the design, installation and commissioning of Egypt’s first high-speed rail network measuring around 1,000km. Siemens Mobility has announced...

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  Mohammed Abdul Rahman Al Mutawa named as first Emirati CEO of Ducab Group

  Appointment further brings the leadership of the Ducab Group in line with its own UAE national programme. Ducab Group has named Mohammed...

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  Al Habtoor launches luxury residential tower for sale

  The 73-storey Amna Tower is the third and last tower in The Residence Collection at Al Habtoor City to be put on...

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  Green Yard launches 313-unit Joya Blanca residential project

  The project offers 153 studios, 151 one-bedroom apartments, and nine two-bedroom apartments with flexible payment plans of up to five years with...

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  All change at the top for Emaar

  2021 starts with HE Mohamed Alabbar stepping down as chairman for Emaar Properties PJSC . With a number of Dubai projects slated...

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  Naseej and Ithmaar Holding sign agreement to develop $105mn residential project in Bahrain

  150,000sqm project will feature a total 400 units and is targeted at beneficiaries of Ministry of Housing’s Mazaya programme. Naseej, a leading...

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  KSA puts financing plans for Riyadh Airport expansion on hold

  Banking sources claim that plans have been put on hold as other projects prioritised. Saudi Arabia has put on hold financing plans...

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  Alstom reaffirms commitment to developing sustainable transport systems in Saudi Arabia

  Firm says Hesop technology will cut about three million kg of carbon emissions and decrease power consumption by 6.6m kilowatts per annum...

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  Bank Nizwa signs financing agreement for Omani campus of Arab Open University

  Oman’s Ministry of Housing has allocated a 37,850sqm plot of land in South Al Mabela. Bank Nizwa, a leading Islamic bank in...

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  Global facades sector to hit $376bn by 2026 – report

  Polaris Market Research says that sector will see consistent growth of 7.8% CAGR over the next five years. The global facades sector...

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