St Gobain to buy Canadian building group Bailey for $650mSaint-Gobain, a global leader in light and sustainable construction, has announced plans to acquire Bailey Group of Companies (Bailey), a leading Canadian manufacturer of commercial metal framing and building systems, for C$880 million ($650 million), through its building materials subsidiary More… |
ADIO in deal to support Abu Dhabi coastal developmentAbu Dhabi Investment Office (ADIO) is collaborating with Dustour Marine Wooden Boats Trading Est to establish a new state-of-the-art project to support the emirate’s coastal development in line with urban, social, recreational and economic expansion plans. The Musataha agreement More… |
Azizi ties up with Zoomlion for high-end mobile, tower cranesAzizi Developments, a leading private developer in the UAE, has partnered with Zoomlion, a renowned manufacturer of construction machinery and agricultural machinery, for the supply of 20 premium mobile and tower cranes. Originally established in 1992 in Chang More… |
UAE property transactions sustain momentum: reportIn the first quarter (Q1) of 2024 Abu Dhabi recorded spikes in ready transactions while Dubai sustained a growing interest for both existing and off-plan properties, says a report. Unlike Q1 2023 where off-plan transactions soared high, Q1 2024 has opene More… |
Roshn signs deal with Google Cloud to optimise AI capabilitiesRoshn Group, the PIF-owned giga project real estate developer in Saudi Arabia, has signed an agreement with Google Cloud that seeks to leverage artificial intelligence (AI) to transform methods of using data analysis, and optimise benefits. The collaboration will see Saudi Arabia's More… |
Egis wins consultancy contract for major Kuwait projectEgis, a leading international group in the consulting, construction engineering and mobility sectors, has been awarded a contract for the landmark Souq Al Mubarakiya Development and Reconstruction Project in Kuwait. Building on t More… |
Roshn teams up with Google Cloud to unlock the power of AIRoshn Group, a leading Saudi real estate developer powered by kingdom's wealth fund PIF, has signed an agreement with Google Cloud that seeks to leverage artificial intelligence (AI) to transform how it uses and benefits from data analysis. More… |
Tamear wins contract for Riyadh mixed-use projectSaudi Real Estate Construction Company (Tamear) has announced that it has secured a SAR160 million ($42.6 million) contract for implementation of architectural and external works for the Tilal Al Riyadh, a key mixed-use project coming up in a major neighbourhood north of capital Riyadh. More… |
True Gamers unveils plans for $1bn esports island in Abu DhabiGaming lounge operator True Gamers has unveiled plans to build Abu Dhabi's first esports island within Al Raha Beach area at an estimated cost of $1 billion, reported The Nati More… |
Dubai South awards $408m contract for South Bay homesDubai South Properties has awarded contracts worth AED1.5 billion (($408 million) to Al Kharafi Construction Company for the development of third, fourth and fifth phase of its premium South Bay development. Located in the heart of Dubai South’s Re More… |