MoU between Partanna and Red Sea Global will see firms explore carbon-negative concrete developments

Authority on marine biodiversity, Carlos M. Duarte, endorses Partanna’s technology as a ‘game-changer’ for the Arabian Peninsula. A memorandum of understanding (MoU)...

Dubai apartment values starting to stabilise says ValuStrat

Changing market/supply dynamic leads to slowing-down of the rapid price increases characterising the last 12 months. Apartment prices in Dubai have hit...

LUXHABITAT Sotheby’s International Realty completes $39.5mn sale of Palm Jumeirah villa

Deal is said to be amongst the top ten most expensive properties transacted in Q3 2022 in Dubai. LUXHABITAT Sotheby’s International Realty...

Saudi Arabia’s SPGA invites pre-qualification bids for TOD project in Makkah

The project is to be developed in co-operation with the Royal Commission for Makkah and Al-Masha’ir Holy, the SPGA said. Saudi Arabia’s...

Abu Dhabi environment and energy agencies unveil 60% clean electricity plan for emirate by 2035

The DoE’s ‘Clean Energy Strategic Target 2035 for Electricity Production in Abu Dhabi’ regulatory framework is the first legally binding clean and...

Miral and Warner Bros. Discovery to bring Harry Potter themed land to Yas Island

The firm said that Global Themed Entertainment will invite fans to step inside iconic locations from the wizarding world, seen in an...

JODC registers 407% increase in revenue in Q3 2022

A notable development during the period was the company’s successful close of the Alinma Fund debt-to-equity transaction, the company said. Saudi-based developer...

Caterpillar launches new landscape attachments for earth-moving equipment

The purpose-built attachments are designed to load mulch, remove stumps, and scoop trees, shrubs and bushes. Caterpillar has launched five new nursery...

DAMAC launches new luxury tower in collaboration with Zuhair Murad

The tower’s amenities include a swimming pool overlooking the Dubai skyline, a pool bar, a sunbed zone, lagoons, a kid’s play area,...

Al-Bahar completes power solutions project for rig builder Lamprell

The authorised Cat dealer recently completed the commissioning of integrated power solutions for the first of two new offshore jack-up rigs building...