Gulf Asia appointed as contractor for Bay Residences

UAE-based RAK Properties has signed up Gulf Asia Contracting Company (GACC) as the main contractor for the development of Phase Two of...

Property

Azizi Developments enters the hospitality sector

Private developer Azizi Developments has just announced its plans to invest up to US $16.3bn in the hospitality sector, through the launch...

Energy

PowerBar Gulf up-scales presence in Rakez

PowerBar Gulf has successfully expanded its production facility in Ras Al Khaimah Economic Zone (Rakez) to address the growing regional demands for...

Energy

ENEC MD & CEO appointed Chair Elect of World Nuclear Association Board of Directors

Emirates Nuclear Energy Corporation’s (ENEC) Managing Director and Chief Executive Officer, His Excellency Mohamed Ibrahim Al Hammadi, has been selected as the...

Property

Lanai Island mansion sells for $54.4mn says Majid Al Futtaim Development

Majid Al Futtaim Development, part of Majid Al Futtaim Properties, said it has set a new benchmark for luxury real estate in...

Construction

Shapoorji Pallonji wins $31.5mn fit-out contract for Da Vinci Tower

Real estate developer Dar Global has announced that it has awarded the fit-out works for its Da Vinci Tower in Business Bay,...

Property

New luxury shopping destination to open in Riyadh on 11 May

VIA Riyadh, a new luxury shopping and entertainment hub in the Saudi capital will open its doors to the public on 11...

Construction

Aramco, PIF and Baosteel enter into major steel-focused partnership

Aramco and the Public Investment Fund (PIF) have joined forces with Baosteel, the world’s largest steel conglomerate, to establish an integrated steel...