UAE-based BNW Developments has announced plans to develop around 10,000 homes across Dubai and Ras Al Khaimah over the next four years as it expands its footprint in the UAE, with Indian investors emerging as a key contributor to its growth strategy.
Sumea, a Dubai-based sourcing, procurement and supply chain group, has opened its 12,000-sq-m global trade hub - SumeaWorld - in Jebel Ali Free Zone. With this move, Sumea is building an integrated ecosystem connecting manufacturers, brands and markets worldwide.
Saudi Arabia's Dar Al Majdiah Real Estate Company has entered into a deal with Alistithmar Real Estate Fund 9 to develop two residential towers at the Masar Destination in Makkah. The entire work will be completed within a 30-month period.
Work has begun on the Dubai Creek Lights project, an eight-kilometre waterfront lighting scheme designed to enhance the city's historic Dubai Creek area. The project also includes upgrades to lighting along promenades, waterfront walkways, building facades and creek entrances.
SSH has been appointed the construction supervision consultant for Sayyid Tarik bin Taimur Cultural Complex, a nationally significant project in Oman. Spanning 400,000 sq m, the complex will be home to the National Theatre and a 5,000-sq-m energy and data centre all set within landscaped gardens.
UAE-based Ora Developers has signed up D-Marin as the marina consultant for its flagship coastal project - BAYN - in Ghantoot region strategically located between Abu Dhabi and Dubai. Its work includes market analysis, feasibility studies and an assessment of UAE’s existing marina landscape.
Alternative Energy Projects Company (Apeco) has signed an agreement with United Real Estate Company to provide engineering, procurement and construction (EPC) services for a solar power system at its Souk Sharq complex in one of Kuwait City's busiest commercial destinations.
US-based Wynn Resorts has invested more than $1 billion in the development of its landmark Wynn Al Marjan Island project in Ras Al Khaimah, reaffirming its commitment to what will become the UAE's first integrated resort with gaming facilities.
The State Properties General Authority (SPGA) and the National Center for Privatization & PPP (NCP) have announced the qualification of eight companies and consortiums to participate in the tender for the Quality Valley Riyadh Project, a major mixed-use development planned on the headquarters site of the Saudi Standards, Metrology and Quality Organization (SASO) in Riyadh.
Senaat (formerly Zamil Industrial Investment Company) has announced that its key subsidiary, Zamil Steel, has achieved a major industrial milestone by delivering specialised process equipment for the Fadhili Gas Increment Project (Package 4) for Saudi Aramco and Samsung E&A.
