Dubai real estate alliance can build ‘greatest city in the world’Dubai’s growing assembly of more than 22,900 real estate brokers can combine to help build the greatest city in the world through a shift to more collaborative practices. That is the vision behind a first of its kind educational programme aimed at transf More… |
Infra, IFC in deal to boost Saudi infrastructure advisory servicesSaudi Arabia's National Infrastructure Fund (Infra) has signed a co-operation agreement with International Finance Corporation (IFC) to offer joint advisory services for infrastructure transactions in the kingdom. This collaboration will leverage the More… |
New Murabba forum sets stage for ambitious Riyadh downtown futureNew Murabba, a unit of Saudi sovereign wealth fund PIF, recently hosted a forum for its strategic partners in Riyadh. The debut event, held at the Crowne Plaza RDC in Digital City, brought together over 40 senior leaders from various companies and strate More… |
MBRAH, Liebherr to set up MRO facility at Dubai SouthMohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai, has signed an agreement with Liebherr-Aerospace to launch a new MRO facility at Dubai South. The new facility, which will be completed by end of 2025, will be built across More… |
Acwa Power signs $1.78bn project financing, renewables dealsAcwa Power, the world’s largest private water desalination company, a leader in energy transition, and first mover into green hydrogen, has signed four agreements worth $1.784 billion on the opening day of the Future Investment Initiative (FII) in Riyadh. More… |
Red Sea Global set for fourth luxury destination launchRed Sea Global, the developer of regenerative tourism hubs, The Red Sea and Amaala, is set to open doors to its fourth luxury destination, Shebara, next month following the completion of works at the premium resort, which boasts 73 overwater and beachfront villas. More… |
Qube unveils 419-unit residential project in Dubai Studio CityQube Development, a leading international real estate developer with 30 years of experience, has announced the launch of off-plan sales for Arisha Terraces, a new residential development located in Dubai Studio City. The third project in Qube’s expanding More… |
Dubai allocates 46% of 2025 budget for infrastructureDubai government has allocated 46 per cent of the total spending proposed in its 2025 budget for the infrastructure sector and its related construction projects. Dubai government on Tuesday approved three-year budget cycle (for 2025-2027) with a total More… |
Dubai set for International Geotechnical Innovation ConferenceWith UAE’s construction sector estimated at $640 billion and the wider GCC region recording $2.7 trillion plus worth of projects, the burgeoning building sector of the desert nations are calling for extensive geotechnical construction services. Aga More… |
Acwa Power expands Africa renewable footprint with $7bn investmentsAcwa Power, a global leader in energy transition and a pioneer in green hydrogen, has announced that its Redstone Concentrating Solar Power (CSP) plant in South Africa has reached 50 MW and is set to achieve its full 100 MW capacity in the coming days. T More… |