Alpha Nero, the Dubai-founded luxury retail fitout and shopfitting specialist, has officially launched a dedicated luxury residential division as demand continues to increase among ultra-prime private residence owners in the UAE and the wider GCC, despite ongoing challenges in the region.
UAE's construction firms are sitting on significant R&D tax credit opportunities from advanced materials and modular construction to AI-driven project management and robotics but unlocking this value will require early action on pre-approval, documentation, and workforce planning, said an expert.
Kuwait has announced plans to develop six underground reservoirs in Al Na’eem region of the country, each with a capacity of 100 million imperial gallons. The move comes as part of its broader strategy to expand strategic water reserves and ensure supply during peak demand periods.
Qiddiya Investment Company has signed an agreement with King Faisal Specialist Hospital and Research Centre (KFSH) for joint collaboration on the establishment of a premium facility in Riyadh that will deliver specialised sports medicine services in line with international standards.
Saudi Arabia has announced the launch of the Expression of Interest (EoI) phase for the development of the Quality Valley project in Riyadh under a PPP model. The project scope includes the development of the HQ site of Saso in Riyadh and transforming it into a 191,000-sq-m integrated mixed-use masterplan.
Bahrain Real Estate Investment Company (Edamah) is set to begin beach enhancement works at Bilaj Al Jazayer as part of the project's first phase. Spanning over 80,000 sq m, Phase I will deliver a lifestyle-led beachfront, including enhancing the shoreline with shaded walkways, sports and outdoor fitness areas.
Saudi Royal Commission for Jubail and Yanbu has announced that its total investments in the industrial cities hit more than SAR1.5 trillion ($400 billion) by the end of 2025. The country’s flagship industrial hubs, Jubail is focused on petchem and heavy industry while Yanbu serves as the refining and downstream sector.
Riyadh Development Company has announced that it has successfully completed the transfer of the Al Taamir Commercial Wholesale Centre to Deera Development and Real Estate Investment Company as part of plans to develop the Al Deera neighbourhood markets.
BNW Developments, a leading developer in Ras Al Khaimah, has announced its foray into Dubai's real estate market with the launch of Orvessa Residences by Michel Adam. Strategically located on Sheikh Zayed Road, it features a collection of 92 apartments with a mix of one- to three-bedroom units.
The UAE's Ministry of Energy and Infrastructure (MoEI) has announced the launch of an innovative strategic project to implement microgrid systems, marking a significant step forward in reinforcing the country’s approach to building a smart, resilient, and adaptive energy ecosystem.
