Embosal, a leading manufacturer of steel tubes and pipes based in Ras Al Khaimah, has announced plans to build an integrated hot-rolled coil (HRC) steel plant with an annual production capacity of 1.2 million tonnes. Production is scheduled to begin by the end of 2027.
Caparol, the German premium paints and coatings brand, has signed a strategic agreement with Nasib Industrial Products in Kenya and, together with its local partners, will double production capacity in the country to meet rising demand across East Africa.
Al Masraf (Arab Bank for Investment & Foreign Trade) has announced that it has inked a major project financing deal with Innovo Group, an industry leader in construction and development across the built environment. This funding will help Innovo in delivering a significant project.
Cosmo Developments has announced the launch of its key project, Marlin Icon on Al Reem Island, featuring 140 residences within Abu Dhabi’s premium waterfront community. Set on a 1,997 sqm plot, it's a mixed-use tower with a mix of apartments and duplex homes, complemented by four retail spaces.
HVACR World, a major exhibition dedicated to heating, ventilation, air conditioning and refrigeration sector, will return to Dubai next month drawing more than 12,000 industry professionals and over 100 exhibitors who will be showcasing technologies that will boost energy efficiency and operational performance of buildings.
Volvo Construction Equipment (Volvo CE) has announced plans to create a dedicated mining entity to strengthen its position in this sector. With this move, Volvo Mining will have a single, integrated business structure that will handle sales of Volvo trucks, construction equipment and autonomous solutions to mining customers.
Dubai-based ALEC Engineering and Contracting has signed an agreement with the Environment Agency – Abu Dhabi (EAD) to support a first-of-its-kind mangrove hydrological restoration pilot in the UAE capital. The three-year project aims to strengthen the long-term health and resilience of Abu Dhabi’s mangroves.
UAE-based Blue Rhine Industries has announced that it has secured the contract from ALEC Engineering and Contracting for the installation and commissioning of LED screens that make up the immense Exosphere, a fully programmable exterior display at the $1.7 billion Sphere Abu Dhabi development.
Dubai-based Seed Group has entered into a strategic partnership with London-based VerbaFlo to introduce its AI-powered leasing and resident communications to property operators in the UAE. VerbaFlo already works with established British operators, including Homes for Students, Moda Living, Fusion Students and Downing.
Saudi-based Alandalus Property has announced that its key subsidiary, Marafiq Alandalus Allujistiyah, has acquired a prime plot of land spanning 44,550 sq m within the Al Mashael District in Riyadh. This land will be used for the development of logistics warehouses and other associated facilities.
