UAE-based real estate developer Reportage has joined hands with Sabah Investment Group for the unveiling of four real estate projects within Sea Breeze, an integrated residential and resort destination on the Caspian coast near Baku, Azerbaijan, with each offering a distinct residential concept.
Indian construction and engineering conglomerate Larsen & Toubro (L&T) has signed an agreement with Onaizah Colleges to prepare Saudi students for careers in renewable energy, supporting the kingdom’s energy transition and its Vision 2030 goal of developing a skilled national workforce.
Al Sharqi Shipping, a leading UAE-based logistics service provider, has inaugurated its new integrated logistics and distribution hub at Dubai Industrial City, part of TECOM Group.
TARAF, the real estate division of UAE-headquartered investment holding group Yas Holding, and Steppe have signed an agreement through their joint venture with Marriott International, to launch JW Marriott Residences Abu Dhabi, Yas Island, a new branded residential development on Yas Island.
Etihad Rail has opened a purpose-built 375-metre pedestrian bridge directly connecting Dubai Al Yalayis Station with Jumeirah Golf Estates Metro Station, providing passengers with convenient access to the Dubai Metro Red Line.
Emaar Properties' sales backlog - the value of property sales yet to be recognised as revenue - stood at around AED180 billion ($49 billion), while indicating its collection rate reached 98% last year, recovering from a temporary decline during the regional tension, said Emaar Properties Founder and Managing Director Mohamed Alabbar.
Leading UAE developer Aldar has announced the signing of an AED1.1 billion ($300 million) forward purchase agreement with Arada for three residential blocks comprising over 1,100 units across nine buildings in Aljada, Sharjah’s flagship mixed-use master development.
Oman has announced the awarding of a contract to build roads and supporting infrastructure at the Fisheries Industries Zone in Duqm, said a report. The scope of work includes development of an internal road network spanning 8.7km as well as two roundabouts.
UAE-based Samana Developers has launched its new real estate brand, Samana Collecta, thus marking its expansion into a lifestyle-led development. Built around a 'life first' philosophy, Samana Collecta is set to develop its debut venture, a AED4 billion ($1.08 billion) project, at The World Islands.
Steady progress is being made on the Muharraq Development Project with the Phase I work, which includes the construction and restoration of 300 housing units across six neighbourhoods as well as road and infrastructure development works, entering fast track, said a report.
