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UAE construction sector ‘to grow to $50.4bn by 2029’UAE’s construction sector, which has shown 23% growth in Activity Index and achieved $87 billion in project awards in 2023, is projected to grow from $41 billion in 2024 and to $50.40 billion by 2029, with a CAGR of 4.26%. Despite global challenges, the More… |
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Top renewable energy experts set for Powerelec Bahrain 2024Powerelec Bahrain 2024, an international trade fair and conference on solar, renewables, storage, power and electrical industry will open in September in Manama in the backdrop of governments in the Mena (Middle East & North Africa) region actively seeking to reinforce and sustain circula More… |
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Sustainable City – Yas Island gets top urban design ratingsThe Sustainable City – Yas Island, which is being developed in Abu Dhabi by a partnership of Aldar Properties and SEE Holding, has received the prestigious Estidama 5 Pearl classification for the design of its homes. The rating is a testament to th More… |
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Mott MacDonald gets regional HQ licence in Saudi ArabiaMott MacDonald, a leading global engineering, development, and management consultancy, has had its regional headquarters (RHQ) licence approved as it continues to strengthen its presence in Saudi Arabia. Mott MacDonald is one of the first 40 UK companies to re More… |
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Emirates REIT announces sale of Trident Grand Mall for $20mEquitativa, the largest REIT (real estate investment trust) manager in the Gulf region, said its key unit, Emirates REIT, today (July 18) announced that it has sold Trident Grand Mall, a two-floor retail component of Trident Grand Residence in Dubai Marina’s popular Jumeirah Beach Resid More… |
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Ginco unveils $327m luxury development in Downtown DubaiUAE-based Ginco Properties has launched its key development, One Residence, being set up at an investment of AED1.2 billion ($327 million) in Downtown Dubai. Unveiling the project, Ginco said One Residence, which is strategically position More… |
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Azizi awards piling contract for Dubai skyscraper projectUAE-based Azizi Developments has signed an agreement with International Foundation Group, a specialist in deep foundation and ground solutions, to provide piling, shoring, excavation, and dewatering works for its key Dubai skyscraper project - Burj Azizi. More… |
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Geberit opens its new regional office in RiyadhGeberit, a global leader in sanitary technology, has announced the opening of its new office - Geberit International for Services - in Riyadh, Saudi Arabia. This expansion underscores Geberit's commitment to the Middle East, aiming to strengthen coll More… |
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Sobha Realty set to develop luxury waterfront project in UAQSobha Realty, a leading developer in the region, has entered into an agreement with Umm Al Quwain Properties for the launch of a luxury real estate project on the Al Siniya Island in the northern emirate. The project, Sobha Siniya Island, aims to offer i More… |
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Aldar sells over 660 residences at debut Dubai projectAbu Dhabi developer Aldar Properties has announced the sale of more than 660 units at Verdes by Haven - the apartment residence within the Haven by Aldar masterplan in Dubai – within 72 hours of its launch. Haven by Aldar is the company’s first dev More… |
