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Lanai Island mansion sells for $54.4mn says Majid Al Futtaim Development
The sale underlines Dubai’s appeal as a ultra-high-net-worth destination. Majid Al Futtaim Development, part of Majid Al Futtaim Properties, said it has...
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Shapoorji Pallonji wins $31.5mn fit-out contract for Da Vinci Tower
The luxury project will feature 80 exclusive apartments, overlooking the Dubai Canal. Real estate developer Dar Global has announced that it has...
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New luxury shopping destination to open in Riyadh on 11 May
The retail and leisure project is built around the Salmani architecture style and will include the Kindgom’s first St. Regis property. VIA...
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Development of $523mn third phase of Al Falah housing project commences
The Al Falah project was first launched in 2012 and has already provided citizens with 4,857 homes. Development of the third phase...
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Aramco, PIF and Baosteel enter into major steel-focused partnership
The firms will work together to develop an innovative steel plate manufacturing complex in the Kingdom. Aramco and the Public Investment Fund...
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Red Sea Global launches new adventure sports company in Saudi Arabia
Akun has announced AJ Hackett, aka Bungy New Zealand and Air Sports Group are its first key partners. Developer Red Sea Global...
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Oman launches RFPs for 1GW solar plant
The Sultanate gets its transition to alternative energy underway, with plans for the nation’s largest solar installation. The Oman Power and Water...
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Saudi Arabia targets massive growth in hotel capacity
A total of 450,000 rooms by 2030 will give the Kingdom the highest accommodation levels in the GCC. Saudi Arabia is gearing...
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Dubai Investments Park completes LED streetlight retrofit project
The retrofit project is expected to save 700,000kW/h of energy per year. Dubai Investments Park (DIP) says that it has completed its...
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Azizi appoints Peri for its Beachfront 1 project
Beachfront 1 comprises three 14-storey developments totalling 439-units. Developer Azizi Developments has partnered with Peri, the German manufacturer and supplier of formwork...
