Ritchie Bros., the world's largest industrial auctioneer, has opened its year-end 'Finish Strong' campaign across Europe, Middle East and Africa (EMEA), urging businesses to review surplus and idle equipment while buyer demand remains strong.
Chinese contractor Fangda said its joint venture with Saudi Arabia’s IKK Group, has secured a SAR1.15 billion ($306 million) contract to design, supply and install curtain-walls for two sections of Saudi Arabia’s Prince Mohammed bin Salman Stadium project in capital Riyadh.
Abu Dhabi's has bolstered its position as a global financial and technology hub, supported by expanding financial services activity, strong investment inflows and sustained demand for prime office space.
Saudi Arabia has approved the first batch of 19 hospitality projects expected to attract SAR6.7 billion ($1.8 billion) in investment and create more than 17,000 jobs across five high-potential tourism destinations, as the Kingdom seeks to expand its tourism infrastructure ahead of major international events.
Sdeira Group, a part of AD Ports Group, has unveiled the masterplan for Aryam Community – Kezad Al Mamourah, revealing new details of the community being developed for up to 27,000 people working across Kezad Al Mamourah’s industrial, logistics and commercial ecosystem.
Spanish infrastructure major Acciona has secured two operation and maintenance (O&M) contracts in Lusail that covers essential infrastructure supporting one of Qatar's leading smart cities, including road tunnels, underpasses, bridges and underground utility systems.
Global construction activity is forecast to rise more than 70% by 2050, reaching $16.6 trillion, mainly driven by five megatrends: population growth and urbanisation; infrastructure and housing deficits; climate adaptation; sovereignty and strategic resilience; and high-tech infrastructure, said a report.
Dubai-based Ellington Properties has unveiled Berkeley Tower, its largest and tallest commercial project to date rising above 60 floors in the heart of Business Bay. The AED2.8 billion ($762 million) development brings together office spaces, an extensive workplace and lifestyle offering.
From royal palaces and luxury hotels to airports and high-speed rail, Portuguese Natural Stone is already part of some of Saudi Arabia’s most prestigious architectural projects, combining aesthetic distinction with technical precision and long-term performance
UAE developer Arada has launched Arada KSA, marking its entry into Saudi Arabia with a AED14 billion ($3.8 billion) residential development in Riyadh. Spanning 2.5 million sq m, it will boast 3,500 villas and townhouses surrounded by 100,000 trees, with top-class amenities including a school, retail and sporting facilities.
