UAE government and Etihad Rail reach safety agreement for Stage Two of the UAE rail network

Etihad Rail to prepare contractors’ safety assurance documents before submission to the ministry for approval and accreditation. The UAE's ministry of energy...

Herbert Smith Freehills completes financing package for Yanbu 4 desalination project

The desalination plant is expected to provide 450,000 cubic metres of drinking water to Makkah and Madinah after its start of operations...

Egis completes acquisition of Kuwait’s Projacs International

French multinational construction and engineering giant now owns 95.45% of Kuwait engineering and project management firm. Egis, a global player in the...

Digital twins show the way towards a net-zero emissions construction sector

The construction sector should look towards digital twins if it wants to fall in line with sustainability goals, says Suhail Arfath, director,...

Sheikh Mohammed decrees establishment of inherited property dispute tribunal

Tribunal will include legal, financial and real-estate experts, and its head will be named by the chairman of the Dubai Judicial Council....

Dar Al Arkan launches villa sales for $133m Bosnian luxury destination

500,000sqm development is the largest single real estate project in Bosnia. Dar Al Arkan, the Saudi developer, has launched sales for villas...

ADNOC L&S expands material handling capabilities with Speedy Hire acquisition

Shipping and maritime logistics arm of ADNOC adds 2,000 pieces of equipment to fleet by acquiring rental company’s UAE assets . The...

Grundfos bounces back after COVID-19 revenue slump

Strong second half of the year helps Danish firm get close to 2019 performance. Grundfos has revealed that it returned to "stronger...

Diales establishes in-house team of Arabic-speaking technical experts

Team will assist clients in the submission of complex technical matters to local courts across the GCC region and in the presentation...

Aldar Properties offers to buy 51% stake in Egypt’s Sodic

Abu Dhabi-based developer submits a preliminary non-binding offer for a majority stake in the Egyptian real estate group. Aldar Properties, the UAE-based...