$2bn of Saudi-based Azmeel’s debt restructured says Deloitte

Azmeel was established in 1991 as a contracting business engaged in construction, repair and maintenance, as well as water facilities and sewage-works....

Diyar Al Muharraq completes second phase of sewer network

Development is billed as the largest fully-integrated city in the Kingdom. Diyar Al Muharraq has completed the second phase of a deep...

Dar Al Arkan unveils $272m W Residences Dubai – Downtown

Construction underway and will be completed by December 2025. Dar Al Arkan, the Saudi-based real estate company, has unveiled the W Residences...

AMAALA awards infrastructure development contract for Phase 1 of Employee Village at Triple Bay

Local contractor Haif Trading and Contracting Company awarded contract due to extensive knowledge of local landscape, capabilities in creating short and long-term...

Etihad Rail announces $542mn finance deal with First Abu Dhabi Bank to develop passenger services

With the launch of the new service, passenger trains will strengthen connectivity between the UAE by linking 11 cities and locations in...

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...