Iman Developers launch $53m The Grove in Dubai Hills

Iman Developers, the Dubai-based luxury residential developer, has announced the launch of its latest project, The Grove – a nine-storey building located...

Operations & Maintenance

Voltas awarded $114m MEP services contract for Qiddiya Water Theme Park

Voltas, the Indian-headquartered air conditioning and engineering solutions provider, has said that it has been awarded a US$114 million contract for providing...

Construction

UAE President inaugurates $1.08bn Khalifa Port expansion

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has inaugurated Khalifa Port’s expansion – a major development project...

Industry News

Saudi construction segment remains strongest in MENA says JLL

As per JLL’s Q4 2022 KSA Construction Market Intelligence Report, Saudi Arabia’s construction industry continues to lead the MENA region despite macroeconomic...

Financial

Union Properties announces completion of $162mn debt restructure

Union Properties has announced the successful completion of a US $162mn debt restructuring, which includes the repayment of $60.7mn to lenders, as...

Property

Select Group launches final development at Peninsula waterfront master community

Select Group has announced the launch of its final development at its waterfront master community, Peninsula. In a statement, the Dubai-based developer...