Sahara Centre reveals details for new extension

New extension will feature local and international fashion and lifestyle brands and is scheduled to open in Q2 2021. Sahara Centre, the...

SRC plans to issue $1bn in sukuk by end of 2021

Company had last month sold $1.06bn in a two-tranche private placement of sukuk, guaranteed by the Saudi Finance Ministry. Saudi Real Estate...

Siemens Smart Infrastructure launches updated fire protection system

Cerberus FIT is said to be EN-compliant and approved and certified by independent certification body LPCB. Siemens Smart Infrastructure has launched a...

Al Akaria nearly completes 430,296sqm Al Dahya development

94% of the construction work has been completed on 567 villa project. Saudi Real Estate Company (Al Akaria) has announced that 94%...

Annual electricity savings target of 420GWh exceeded through use of district cooling

The Association of District Cooling Operators Dubai was formed in October 2020 by the Dubai Supreme Council of Energy (DSCE). At a...

ALEC and BUTEC forming JV “to meet industrial demand”

Joint venture targeting the region’s utilities, industrial and environmental sector-based projects. Dubai main c0ntractor ALEC and design-build industrial specialist BUTEC have agreed...

OSC awards contract for new base in King Salman Energy Park

New base is expected to create thousands of jobs in the energy sector. Oilfields Supply Center Limited (OSC) has awarded the construction...

Dubai CommerCity launches offices and logistics units in first phase of development

Free zone is in the Umm Ramool area in Dubai and is a $871mn project spread over 2.1mn sqft. Dubai CommerCity (DCC)...

Azizi Developments awards multimillion dollar shoring contract for Riviera

Stromek to carry out shoring, excavation and dewatering for Phase Three of waterfront lifestyle community project. Azizi Developments, the UAE-based developer, has...