Eagle Hills to develop $1.5bn golf resort in Baghdad

Eagle Hills has announced that it had acquired prime land in the Iraqi capital Baghdad and will develop a golf resort at...

Financial

ACWA Power sells stake in IWSPP for $225mn

Acwa Power has said it has reached an agreement to sell 30% of its stake in the Rabigh Arabian Water & Electricity...

Construction

US $1.3bn Reem Mall opens for business in Abu Dhabi

UAE-based developer Al Farwaniya Property Developments has announced the official launch of Reem Mall. The shopping, dining and entertainment project was developed...

Property

Roshn Group launches Warefa villa complex

PIF-owned Roshn Group has announced a range of show villas, townhouses, and duplexes at Warefa, its first community development in East Riyadh....

Operations & Maintenance

Imdaad-Misr to provide FM services for nine Gates Developments’ projects

Facilities management firm Imdaad-Misr has entered into a new service agreement with Egypt-based developer Gates Developments. As per the terms of the...

Property

DMCC and Signature Developers launch new luxury tower in JLT

DMCC and Signature Developers have partnered to launch W Residences in Jumeirah Lakes Towers (JLT). Scheduled to break ground by year-end, it...

Infrastructure

Development of US $250mn logistics park commences in Jeddah Port

Ground has been broken on a new logistics park which will come up on a 415,000sqm area in Jeddah Port. The project...

Property

Symbolic announces residential project in Al Furjan

Symbolic Developments, a venture by UAE-based Speedex Group, has announced the launch of its newest project in Al Furjan, Symbolic Aura, and...

Industry News

Daniel King appointed to lead AESG’s cost management service in the UAE

AESG has announced that it has appointed Daniel King to lead its cost management division. The move is in response to significant...

Construction

Veolia subsidiary wins $320mn contract for desalination plant

Sidem has been awarded a US $320mn contract to provide engineering services and supply key technologies for the Hassyan seawater desalination plant...