Saturday 2 July 2022

JLW secures contract to build data centre in Masdar City

The Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has approved a trade finance facility to JLW Middle East, for the design and construction of a 60MW data centre located in Masdar City, Abu Dhabi.


Mawani partners with Chinese group to build quay cranes at Dammam

Saudi Ports Authority (Mawani) has announced that it has reached an agreement with Saudi Global Ports and Shanghai Zhenhua Heavy Industries Company to manufacture three state of the art quay cranes for the King Abdulaziz Port in Dammam.   The King Abdulaziz Port


Darah inks strategic deal with Jeddah Central Development

King Abdulaziz Foundation for Research and Archives (Darah) has signed a MoU with Jeddah Central Development Company (JCDC), a wholly-owned subsidiary of the Public Investment Fund (PIF) and the master developer of the Jeddah Central project. The signing ceremony took place at Darah’s h


Schneider Electric launches inaugural sustainability awards

Schneider Electric, a leader in the digital transformation of energy management and automation, has announced the launch of the inaugural Schneider Electric Sustainability Impact Awards to recognize the critical role that Schneider’s partners play in delivering a more resilient and sust


Rera inks deal with Mefma for residential complexes management

The Middle East Facility Management Association (Mefma) today (June 30) signed a MoU with the Department of Land and Real Estate Regulation (Rera) Ajman, as part of its efforts to enhance, advance and unify facility management (FM) activities in the region.   


Batic, Al Mqr to build new residential community in Madinah

Batic Investments and Logistics Company has announced that one of its subsidiaries, Batic Real Estate, has signed an agreement with Al Mqr Development Company, the investment arm of Madinah Municipality, for the development of a key residential neighbourhood commmunity project in the Saudi ci


URB unveils plans to build new zero-carbon city in Riyadh

URB, a global leader in developing sustainable cities headquartered in Dubai Design District, has announced the launch of its ambitious 10-sq-km zero carbon destination, Alnama Smart City, in Riyadh.   Alnama (Arabic for thrive), a major project aimed at promoti


Damac to start London ultra-luxury twin tower handover

Dubai-based developer Damac Properties is set to hand over its flagship project in Europe - Damac Towers Nine Elms (DTNE), a 50-storey luxury twin tower in the upscale Zone 1 district of London - with stunning interiors by Versace.    Nine Elms is its inaug


Transguard is security provider of Dubai’s new smart community

Transguard Group, the UAE’s premier business solutions provider, has been selected as the exclusive security provider for Dubai’s newest smart community located on the Expo 2020 Dubai site.   Under the terms of the contract, which started on Apr


Cityscape set for Bahrain debut in November

Cityscape, a key regional real estate exhibition, is set to make its Bahrain debut later this year as one of the first major shows at the new Exhibition World Bahrain.    The launch is in light of an agreement inked by Informa Markets, Cityscape organisers,

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