Friday 24 May 2024

Aramco inks deal with US firms for low-carbon energy solutions

Saudi oil giant Aramco has announced the signing of three Memoranda of Understanding (MoUs) with leading American companies - Aeroseal, Spiritus, and Rondo - in bid to advance the development of potential lower-carbon energy solutions.   The MoUs were signed in


Damac launches Phase Two of Lagoon Views

Damac Properties, a leading luxury real estate developer in the UAE, has announced the successful launch of Phase Two of Lagoon Views within the vibrant and strategically-located Damac Lagoons development.   Following a record sell-out of Phase One, the latest r


Alef Group to hand over Arim neighbourhood by 2026 end

Alef Group, a leading real estate development company in Sharjah, has announced the handover of villas in the Arim neighbourhood within Hayyan development by the end of 2026.    This was revealed during the Acres Real Estate Exhibition Dubai 2024 held at th


Miral signs up Emirates NBD as key banking partner

Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, has announced a strategic partnership with Emirates NBD.   As per the deal, Emirates NBD will be the Official Banking Partner across multiple Miral attractions, including Ferrari


Masdar City opens region’s largest pump track

Masdar City, an Abu Dhabi-based sustainable urban community, has opened the region’s largest pump track, designed for wheels of all kinds - bicycles, scooters, skateboards, rollerblades, and wheelchairs - and it’s made sustainably.   Located in Masda


Alef launches new residential cluster at Sharjah development

Alef Group, a leading real estate developer in Sharjah, has announced the launch of the second building at the last cluster, Nama, within its premium development, Al Mamsha Raseel Sharjah (Zone 3).   The announcement was made at the Acres Real Estate 2024 expo i


Saudi Red Sea Authority issues first three marina licences

Saudi Red Sea Authority (SRSA), the official regulator and key enabler of Red Sea coastal tourism, has issued the first three licences for operators of the following tourist marinas: Al-Ahlam Marina in Jeddah and Jazan, and Red Sea Marina in Jeddah.   A key Saud


Prestige One unveils new waterfront project in Dubai

Dubai-based Prestige One Developments has announced the launch of its latest project - Waterway - strategically located in Mohammed Bin Rashid City, that will offer its residents an exclusive lifestyle with direct access to crystal lagoons and waterfront amenities.  


Hafeet Rail set to begin work on Oman-UAE railway network

Hafeet Rail (formerly Oman and Etihad Rail Company) has announced that the preparatory work is proceeding at full speed ahead for the construction of the transformative railway link between the Sultanate of Oman and UAE.   The scope of work includes the construc


Addleshaw Goddard names new partner to boost Mideast business

  Addleshaw Goddard, a leading international law firm with over 2,600+ employees across 19 global offices, has announced the appointment of Rachel Hill as a partner in its regional employment practice.    Her appointment quickl

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