DAMAC Properties expands into Ras Al Khaimah

DAMAC Properties has announced the launch of its inaugural project in Ras Al Khaimah – Shoreline by DAMAC, located on the shores...

Industry News

Gensler appoints new Co-Managing Director

Gensler has announced the appointment of Tariq Shaikh as Co-Managing Director for its Middle East offices. Tariq will join current Managing Director...

Construction

Apex Engineering Industries and KEZAD sign US $24.5mn deal

KEZAD Group and UAE-based Apex Engineering Industries have signed a 50-year land lease agreement for the establishment of a state-of-the-art facility in...

Construction

AGI & Palace Group Partner for Development on Dubai Water Canal

Abu Ghazaleh Investments (AGI) and developer Palace Group have formed a joint venture partnership to acquire a site on the banks of...

Construction

Nakheel signs US $220mn marine contract for Palm Jebel Ali

Nakheel has awarded a US $220mn contract for marine works on Palm Jebel Ali to Jan De Nul Dredging. Part of the...

Infrastructure

Riyadh Metro will open by year-end 2024

The Riyadh Metro will commence operations this year according to Saudi Minister of Transport and Logistics Services, Saleh Al-Jasser. The minister emphasised...