Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion).
Dubai Land Department (DLD) has launched a key initiative ‘Flexi Rent’ in partnership with leading developers in bid to develop a more sustainable real estate ecosystem. This key model will be applied to vacant or eligible rental units owned or managed by DLD's participating partners.
Volvo Construction Equipment (Volvo CE) has delivered the world’s first A30 Electric articulated haulers to LNS (Leonhard Nilsen & Sønner AS) for use on a Hafslund hydropower project, representing a significant advance in the electrification of heavy equipment.
Global utilities and leading power sector equipment manufacturers have come together to lay out a series of steps to help ensure the global grid supply chains can keep pace with soaring demand.
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, has approved a series of new development projects and initiatives by Dubai Municipality.
Abu Dhabi has announced the launch of the Dar Al Funoon (House of the Arts) development project near Saadiyat Cultural District, featuring a multipurpose hall, an open-air amphitheatre, a studio theatre and a jazz venue – with a total capacity exceeding 6,000 across its artistic spaces.
The Royal Commission for Riyadh City (RCRC) has unveiled a new phase of its SAR9.8 billion ($2.6 billion) Main and Ring Road Axes Development Programme involving the upgrade of 40km of major road corridors as well as the construction of key intersections, bridges and tunnels.
Abu Dhabi Islamic Bank (ADIB) has joined hands with the UAE capital's housing authority to provide eligible Emirati nationals with enhanced digital pre-approval access to shari’a-compliant home financing solutions. The funding will be done through a fully digitised credit engine developed by ADIB.
First Avenue for Real Estate Development has announced that its consortium has signed a framework agreement with the Royal Commission for Makkah City and Holy Sites and Jadwa Investment Company for the development of Eastern Hindawiyah, its flagship project in Makkah city.
Qiddiya Investment Company (QIC) has announced that work has begun on the National Tennis Centre, a world-class sports facility coming up at Saudi Arabia’s capital of entertainment, sport, and culture Qidiya City. On completion, it will feature 30 courts, open public spaces and fan zones.
