Mukesh Ambani purchases Dubai’s most expensive villa for $163mn

The lavish property is located in close proximity to his son's villa, which Ambani purchased earlier this year. Mukesh Ambani, India's second...

Dar Al Arkan begins sales of apartments at $275mn Les Vagues residences by ELIE SAAB in Qatar

The premium residential project in Doha features one, two and three-bedroom apartments. Saudi-based Dar Al Arkan Global has kicked off sales of...

Raimondi Cranes unveils new brand and company vision

As part of the rebrand the company has invested in a new production facility and the development of 14 new flat-top cranes....

Yellow Door Energy to develop over $1bn in sustainable energy projects following $400mn equity raise

The new sustainable projects will be funded through a combination of equity and debt securities, the firm says. Sustainable energy firm Yellow...

$670mn added to its backlog in Q3 2022 says Orascom Construction

The firm said that its US subsidiaries accounted for 30% of the business during the quarter. $670mn worth of new contract awards...

MYCRANE partners with PV-E Cranes to provide zero-emissions lifting equipment

PV-E’s emission-free crawler cranes from 80t-250t will be available to buy and rent on the digital platform. Dubai-based MYCRANE has announced a...

Savills makes key appointments to Saudi office

Property management is an area of growing focus for Savills' operations in Saudi Arabia. Savills Middle East has announced two key appointments...

NPCC breaks ground on new 40,000sqm fabrication yard in Saudi Arabia

The capacity of the fabrication yard is expected to reach 60,000 tonnes per year by the end of the final phase, scheduled...

Hotel Development inks deal with Ennismore to open two hotels in Trojena

The move is the first step in Hotel Development’s goal of establishing a world-class tourism sector in Neom, in line with Saudi...

MCRE achieves record Q3 result of over $136mn in sales in Abu Dhabi property market

The firm says Abu Dhabi is increasingly attracting international buyers thanks to its safe and competitive characteristics. Metropolitan Capital Real Estate (MCRE)...

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