Dubai Gold Souq Extension launched by Ithra Dubai

Ithra Dubai, a leading Dubai-based real estate developer and manager, fully owned by the Investment Corporation of Dubai, has announced the opening...

Consultant

Aldar Group reports net profit of $187.3mn in Q1 2022

Aldar Group has reported a net profit of $187.3mn for the first quarter of 2022, a year-on-year growth of 26.5%. According to...

Construction

6,000 residential units added to key Saudi cities in Q1 2022 says JLL

JLL has reported that Saudi Arabia’s residential sector saw an acceleration in the number of units completed in Q1 of this year....

Construction

Construction completed on UAE’s first waste-to-energy plant

Construction has been completed on the UAE’s first waste-to-energy plant, with the project now entering the testing and commissioning phase, it has...

Construction

Royal Development Company appointed to manage development of $2.2bn residential project

Royal Development Company (RDC) has been appointed by Q Properties to manage the development of its $2.2bn luxury residential project, Reem Hills,...

Construction

Emaar Development to handover 8,500 residential units by year end

Over 24,500 residential units are currently under construction across its various masterplans, Emaar Development has announced at its Annual General Meeting (AGM)....

Construction

Exclusive: AMAALA expects to award $319.9m in contracts in Q2 2022

AMAALA, the Saudi Arabian megaproject being developed on the Red Sea coastline and managed by The Red Sea Development Company, has announced...

Construction

SWPC announces shortlist of 20 pre-qualified firms for 1,392km Riyadh-Qassim IWTP project

Saudi Water Partnership Company (SWPC) has announced that 20 developer/developer consortiums have been prequalified for the Riyadh-Qassim Independent Water Transmission Pipeline (IWTP)...

Construction

Diyar Al Muharraq announces completion of infrastructure works

Diyar Al Muharraq has completed infrastructure works for the main roads on the Southern Island within its integrated residential city in Bahrain. Construction...