New ‘Well of Water’ initiative launched in Dubai

Dubai’s Endowments and Minors' Trust Foundation (Dubai Endowment) has launched a ‘Well of Water’ endowment project, which aims to contribute to Dubai’s...

Infrastructure

SEWA issues RFP for Hamriyah water project

Sharjah Electricity, Water and Gas Authority (SEWA) has announced that the request for proposal (RFP) for the 90 MIGD Hamriyah IWP project...

Infrastructure

Saudi’s NCP approves 200 projects under PPP model

200 development projects across 17 major sectors have been approved by Saudi Arabia's National Center for Privatisation (NCP). The sectors covered include...

Property

Dubai sees Q1 sales of 88 homes worth over $10mn

Dubai recorded 88 home sales above US $10mn during the first quarter, according to the latest analysis carried out by global property...

Industry News

Saudi Arabia is ‘single biggest hospitality opportunity’

Saudi Arabia currently represents the single biggest opportunity for hospitality and tourism, and that is set to continue for at least another...

Construction

UAE activates e-signature for engineering contracts

In a major move, the UAE's Ministry of Energy and Infrastructure (MoEI) has activated the digital signature and verification feature in its...

Property

DAMAC launches 45-storey Canal Heights 2 residential tower

Dubai-based real estate developer DAMAC Properties has launched Canal Heights 2, a 45-storey tower designed to offer luxury waterfront living in a...

Property

Iman Developers launches Oxford Gardens

Luxury residential developer Iman Developers has announced the launch of Oxford Gardens, which is being developed at a cost of US $54.4mn....

Sustainability

OPEC Fund finances two 500MW wind farms in Uzbekistan

The OPEC Fund for International Development (OPEC Fund) and Saudi-based utility project developer Acwa Power have entered into two loan agreements worth...