Sharakah, Oman’s leading SME development company, has announced a strategic collaboration with Gulf Technical Support (GTS), a specialist in the supply, installation and maintenance of heating, ventilation, and air conditioning (HVAC) systems across the sultanate.
Saudi Arabia's Real Estate General Authority (REGA) has announced the opening of applications for foreign real estate ownership through its Saudi Properties portal. This is the official portal for the Foreign Real Estate Ownership Law, following its coming into force from January.
Ladun Investment Company said its joint venture with Al Ayuni Investment has been awarded SAR2.4 billion ($639 million) contracts for the infrastructure development works on key Al Qirawan, Al Narjis and Namar plots under the Real Estate Balance Program – Phase One in Riyadh.
Royal Commission for Riyadh City (RCRC) has announced that it has started work on the Imam Abdullah bin Saud Road at its intersection with Khalid bin Al Waleed Road in the Saudi capital. Extending 9km, the project is part of RCRC’s ongoing efforts to upgrade key traffic corridors.
Emrill, a leading UAE-based total facilities management provider, has secured a four-year contract to deliver mechanical, electrical and plumbing, housekeeping, lifeguard and specialist services at Nikki Beach Resort & Spa Dubai, a five-star beachfront destination located on Pearl Jumeirah.
Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region.
Lenovo has signed an agreement with Saudi National Housing Company Innovation for potential collaboration backing the kingdom’s evolving residential and digital infrastructure landscape. The deal sets out a foundation to boost co-operation across advanced technologies such as AI and data science.
Roads and Transport Authority (RTA) has completed maintenance and rehabilitation works spanning 17 km of asphalt roads across nine streets and six areas in Dubai early this month. The works covered highways, freeways and internal roads in key industrial, commercial and residential areas.
Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.
Saudi-based Blacksand has announced a landmark agreement with Marriott International to develop 10 hotels in the kingdom over the next four years. Featuring over 1,300 rooms, it will be developed under a range of Marriott brands spanning the luxury, select-service and extended-stay segments.
