Saudi Wood Expo, the largest and licensed wood exhibition in the kingdom, will be back for its third edition starting from August 30 in Riyadh bringing together international exhibitors and industry professionals from over 20 countries to explore opportunities in the kingdom's $4.1 billion wood sector.
UAE-based Azizi Developments has announced that nearly 80% of the construction work has been completed on Rêve - a premium project within its French Mediterranean-inspired waterfront community Riviera in Meydan, Dubai - and is on track for Q4 completion.
Luxury property advisory BlackBrick has identified Abu Dhabi as one of UAE's most compelling long-term residential investment markets, as economic diversification, government-backed masterplanning and international investment continue to boost confidence in the capital's long-term outlook.
Residential developers are under mounting pressure to meet evolving buyer expectations and stricter sustainability standards while delivering long-term value. As the global construction industry is set to hit $16.1 trillion by 2030, high-performance homes are emerging as a key solution, said an industry expert.
Abu Dhabi-based Modon Holding has joined hands with hospitality brand Nammos for the launch of its first fully integrated destination in Egypt - Nammos Ras El Hekma. Part of the $35 billion Ras El Hekma masterplan, it will boast branded homes, a luxury resort, restaurant and beach club.
Future Fund Oman (FFO), a portfolio of the sultanate's sovereign wealth fund Oman Investment Authority (OIA), has announced a new package of 105 strategic projects and investments worth $1.74 billion, spanning renewable energy, manufacturing and tourism industries.
Dubai Aviation Engineering Projects (DAEP) has selected a consortium of India's Larsen & Toubro (L&T) and Japan's Mitsubishi Corporation to deliver the automated people-mover (APM) system for the $35 billion expansion of Al Maktoum International Airport, said a report.
Bahrain-based Nasser Centre for Science and Technology said it has developed an AI-powered construction inspection intelligence platform in collaboration with China Machinery Engineering Corporation (CMEC), a global expert in infrastructure and construction projects.
Alimak Group, a Swedish group specialising in sustainable vertical access and working at height solutions, has signed an agreement to acquire Pro-Bel, a privately owned North American provider of suspended access and fall protection solutions, headquartered near Toronto, Canada.
Bahrain is accelerating the redevelopment of Muharraq, rolling out infrastructure and public space upgrades as part of a wider strategy to revitalise one of the kingdom's most historic cities. The scope of work includes road development as well as upgrade of stormwater drainage and utility networks.
