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Azizi announces new community garden spanning Azizi Riviera
Developer also announced a nine-storey residential tower overlooking the garden. Azizi Developments has announced the launch of an ‘aesthetically designed, lush green...
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DSI appoints Tawfiq Abu Soud as new Group CEO
Abu Soud was formerly MD of DSI’s MEP and Water and Power subsidiaries for 17 years. Drake and Scull International’s (DSI) board...
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Deyaar Development sees 7.4% increase in net profit for 2018
Real estate firm points out that revenues for the year fell to $175.2m from $204.6m in 2017. Deyaar Development, a leading UAE-based...
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ENBD REIT says value of property portfolio is at $456mn for Q3 2018
Results are due to minor valuation losses due to a soft local real estate market. ENBD REIT, the Sharia compliant real estate...
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Work on Aviation City project progressing according to schedule
Project aims to provide a base for the regional and international civil aviation industry. Work on the Aviation City project is progressing...
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Saudi Arabia seeks EoI for seven solar projects worth $1.5 billion
The projects will have a combined capacity of 1.51 GW and represents the next phase in Saudi Arabia’s energy plans. The Renewable...
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EnerQuip awarded $850,000 contract by Kuwait-based company
The company has alreadys supplied more than eight torque machines to the Middle East in the last 12 months. EnerQuip, a supplier...
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Acciona wins contract to build one of Saudi’s biggest desalination plants
The $571 million plant will be among the biggest in the world and supply enough water for three million people. Saudi Arabia's...
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GE & Sumitomo ink power deal with SEWA
Project consists of three combined-cycle blocks, with first to come online in May 2021 . GE and the Sumitomo Corporation have signed...
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Siemens wins $228.3mn contract from Oman government
Contract win is firm’s largest within the sultanate . Siemens has been awarded a $228.3 million contract from the Oman government for...
