Saudi authorities have announced the signing of a key investment contract with Unigaz Arabia for the development of an integrated gas storage, filling and distribution plant coming up on a 200,000-sq-m site in the kingdom's Hail region, said a report.
Dubai has approved the first phase of a 80-km New Fourth Corridor project linking Sharjah and Abu Dhabi, with the initial stage costing about AED3.5 billion ($953 million). To be implemented in two phases, the project scope includes construction of 72 bridges, 17 tunnels and 45 stormwater drainage culverts.
Responding to growing demand for GAA Living’s rental living advisory services, the sector-specialist consultancy has announced its expansion into the Middle East and the opening of a new headquarters in London’s West End.
Trial operations on the first railway linking Oman and the UAE are expected to begin in the fourth quarter of 2027, marking a major milestone in the development of a cross-border rail corridor designed to strengthen passenger travel, trade and logistics between the two countries.
Abu Dhabi business groups Aldar and Mubadala Investment Company have joined hands to acquire Masdar City Square, a premium complex located near Zayed International Airport for AED918 million ($250 million). The project, which got competed in Q1, boasts over 47,000 sqm of net leasable area across seven office buildings.
The Kingdom of Saudi Arabia's SAR4.88 trillion ($1.26 trillion) pipeline of announced real estate and infrastructure projects is creating opportunities for the country's design and interior fit-out community, said top industry experts at the ongoing INDEX Saudi Arabia expo in Riyadh.
KBR, a leading provider of technology and engineering solutions, has appointed highly experienced industry professional James Duncan as its new Vice President, Infrastructure, Global South, to grow its major project delivery business across sectors including rail, aviation and urban development.
Saudi Real Estate Company (Al Akaria), has awarded SAR479 million ($126 million) contracts to Mounes Mohamed Alshayeb and Partners for Civil Construction (MOBCO) and Saudi Arabian Parsons to carry out the structural and project management work for the first package of its Porta Jeddah mixed-use development.
SAL Logistics Services has signed two agreements with CIMC’s Middle East and North Africa Regional Headquarters to explore new areas of collaboration in logistics solutions and infrastructure, logistics zone development, and attracting Chinese businesses and investments to the kingdom.
Red Sea Global (RSG) has announced the opening of its premier development - Jayasom Wellness Resort Amaala - thus bringing a distinctive holistic health offering to the destination. Designed by Heah & Co., with interiors by Studio Carter, the resort comprises 153 keys alongside 24 residences.
