Al Zorah Development Company provides updates on $1.12bn worth of projects

Al Zorah Development Company, a joint venture (JV) between the Government of Ajman and Solidere International, has achieved a number of notable...

Property

Saudi Arabia’s NHC launches Al Fursan Suburb in northeast Riyadh

Saudi Arabia’s National Housing Company (NHC) has launched Al Fursan, the company’s largest, new residential suburb in the northeast of Riyadh, and...

Construction

Emirates to build $135mn advanced training facility in Dubai

Emirates will invest US $135mn into building an advanced training facility to accommodate six Full Flight Simulator Bays (FFS) for its future...

Property

Taraf launches ‘Luce’ on the Palm Jumeirah

Yas Holding's real estate wing, Taraf, has just announced its 'Luce' residential development on Dubai’s Palm Jumeirah. It is said to offer...

Construction

Saudi Crown Prince launches New Murabba Development Company to develop world’s largest modern downtown in Riyadh

His Royal Highness Mohammad bin Salman bin Abdulaziz, Crown Prince and Prime Minister of Saudi Arabia, has announced the launch of the...

Construction

Mawani and Maersk break ground on $346mn logistics park

The Saudi Ports Authority (Mawani) and Maersk have broken ground on what’s billed as the latter's largest comprehensive logistics zone in the...

Construction

SSH completes Phase One of Dhorfar Beach Resort

SSH has completed Phase One of the Dhorfar Beach Resort – a luxury tourism development in the Sultanate of Oman. In a...

Construction

Kier International awarded $18mn contract for Qiddiya Water Theme Park

Kier International has been awarded a US $18.3mn contract for Qiddiya Water Theme Park, a major project coming up near Riyadh. The...

Financial

PIF invests $1.3bn in Saudi construction firms

Saudi sovereign wealth fund PIF (Public Investment Fund) has announced investments worth US $1.3bn in four leading local construction companies, via subscribing...