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Al Akaria in deal to build educational complex in RiyadhSaudi Real Estate Company (Al Akaria) has signed a co-operation agreement with Riyadh Development Company and Riyadh Holding Company for the development of an educational complex on the designated plots located within the Tilal Al Riyadh Residential Community in the capital's Al Malqa dis More… |
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Retal awards contract for Riyadh residential buildingsSaudi-based Retal Urban Development Company has awarded a contract worth SAR240 million ($64 million) to its key subsidiary Building Construction Company (BCC) for the construction of eight residential buildings in Sedra district in Riyadh City, without any preferential conditions or benefits More… |
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Cebarco lands Bilaj Al Jazayer hotel project contractsEdamah, the real estate arm of Mumtalakat, Bahrain’s sovereign wealth fund, has appointed Cebarco as the main contractor for the Tivoli and Avani Hotels and Residences project coming up at its key development Bilaj Al Jazayer. Located on Bahrain&rs More… |
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SSAB and Nordec agree on deliveries of fossil-free steelSSAB and Nordec have agreed on deliveries of fossil-free steel which Nordec will use for frame structures for buildings, façades and bridges. The agreement between SSAB and Nordec is an important step towards an efficient supply chain for fossil-free st More… |
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NEOM secures $2.67bn new revolving credit facilityNEOM, a new urban area being built by Saudi Arabia, announced on Sunday that it has secured a new revolving credit facility (RCF) worth SAR10 billion ($2.67 billion). It represents another milestone for NEOM as it progresses with the development of major proje More… |
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Spanish group Urbas wins $266m Saudi residential project dealSaudi Arabia's National Housing Company (NHC) has awarded a contract worth SAR1 billion ($266 million) to Urbas Middle East Real Estate Company, a subsidiary of leading Spanish group Urbas, for the construction of 589 residential units within the Al Fursan suburb in the northeast of Riyad More… |
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KAUST, NEOM launch world's largest coral restoration projectKing Abdullah University of Science and Technology (KAUST) has collaborated with NEOM, the developer of Saudi futuristic city, to start working on the first nursery of the KAUST Coral Restoration Initiative (KCRI). The newly built nursery, on the coast of NEOM More… |
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VOX Cinemas to offer luxury cinema experience at MoEVOX Cinemas, the cinema arm of leading shopping mall and leisure pioneer Majid Al Futtaim, said it has redefined the luxury cinema experience with the reopening of Theatre at Mall of the Emirates following a complete transformation. The newly reimagined More… |
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Work set to start on $34.8bn Al Maktoum Airport expansionHH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today (April 28) approved the designs of the new passenger terminal at Al Maktoum International Airport and ordered the immediate start of work on the expansion of the airport at a total cost of AED12 More… |
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Azizi picks Dezign Technic for major Dubai mixed-use projectUAE-based Azizi Developments has sealed its partnership deal with Dubai-based design consultant firm Dezign Technic for providing signage and wayfinding designs at its AED30 billion ($8.2 billion) mixed-use development, Azizi Venice, located in the Dubai South. More… |
