Meraas, a member of Dubai Holding Real Estate, has awarded a contract valued at nearly AED1 billion ($272.3 million) for the construction of 272 new villas and townhouses in Phase 7 of the Nad Al Sheba Gardens residential development. The project is set for completion in Q2 2028.
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has signed up a supporting partner for the inaugural 'Made in GCC 2026 Forum to be held at Exhibition World Bahrain next month. Alba will be showcasing its products portfolio and approach to sustainability across the aluminium value chain.
Diyar Al Muharraq, a leading real estate development company in Bahrain, will be showcasing its new selection of residential plots across the kingdom at the second edition of the 'Innovation Summit in the Social Housing Sector 2026' event which opens this week in capital Manama.
The Saudi Arabia Railways (SAR) ended its participation in InnoTrans 2026, the International trade fair for transport technology in Berlin, after signing contracts and financing agreements covering 10 new passenger trains, 33 freight locomotives, and 782 freight wagons along with agreements on systems modernisation and maintenance.
Robo.ai., a Nasdaq-listed technology group building intelligent infrastructure, has announced the groundbreaking of the Phase I of Alif Holding Group Industrial Park at Umm Al Quwain. The first of the park's three planned phases, it will have a designed gross floor area of 8,845 sq m.
Ohana Development, a leading UAE real estate developer, has officially broken ground on Manchester City Yas Residences by Ohana, its AED15 billion ($4.08 billion) gated waterfront community located on Yas Canal in Abu Dhabi.
Saudi Arabia Railways has signed an agreement with the Swiss Export Risk Insurance SERV and KfW IPEX-Bank, Commerzbank and UBS Switzerland to finance the purchase of 10 new passenger trains from Swiss manufacturer Stadler. The purchase is part of SAR’s strategic plans to boost its passenger fleet.
Bahraini authorities have announced that work is in full swing on the Al Hunainiyah Water Distribution Station project in Riffa and will be completed by 2027-end. The project includes a ground-level reservoir with a capacity of 10 million imperial gallons as well as an elevated reservoir with a 1.25 MIGD capacity.
Saudi-based East Pipes Integrated Company for Industry has announced that it sealed an agreement with global oil major Aramco for the manufacture and supply of steel pipes for use in its key projects in the region. The entire work will be completed within five months.
Saudi-listed Al Ashghal Al Moysra Company has announced that it had been awarded a contract by the Royal Commission for Jubail and Yanbu to provide warehouse operations and management services at the authority’s facilities in Yanbu. The contract, which includes value-added tax, is expected to be signed on November 10, the company said in a statement to the Saudi Exchange.
