Mediclinic Middle East, one of the leading private healthcare providers in the UAE, has announced plans to invest AED420 million ($114 million) in the expansion of its Parkview Hospital in Dubai. The expansion work will begin shortly and is due for completion next year.
Chinese group Harbin Electric International is delivering the Rumah-2 Combined-Cycle Power Plant in Saudi Arabia as part of the kingdom's efforts to advance its energy transition under Vision 2030. The company recently hoisted the Gas Turbine Unit 1 into position, thus kicking off the project's installation work.
Qatar-based Estithmar Holding said one of its key units has secured a SAR829 million ($221 million) mechanical package for the Prince Mohammed Bin Salman Stadium in Qiddiya City, a flagship Saudi giga-project and a designated venue for FIFA World Cup 2034. The scope of work includes building management system and HVAC services.
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a contract valued at KD111.05 million ($359 million) for delivering engineering, procurement and construction (EPC) of tanks for Kuwait Oil Company‘s Jurassic Light Oil export facilities.
The pace of new and renewed rental contracts recorded in Dubai’s freehold areas continued to increase in August, says a new report.
Engel & Völkers Middle East has launched the Engel & Völkers Search app within ChatGPT, marking an important advancement in how clients discover and explore real estate opportunities.
Cheval Collection, a UK-based luxury hospitality company with a growing number of properties in the Middle East, has appointed Robert Nicolas, an industry veteran with two decades’ experience in hospitality, as the Cluster Director of Sales for its two serviced apartment properties in Dubai.
Samsung E&A has secured a major engineering, procurement and construction services contract worth $3.46 billion from Sabic Agri-Nutrients Company (formerly Saudi Arabian Fertilizer Company - Safco) for its integrated industrial complex. The project commissioning is targeted for Q3 2030.
Sharjah’s real estate sector recorded transactions worth AED4.6 billion ($1.25 billion) in August through 9,139 transactions across various areas of the northern emirate. The total traded area in sales transactions reached 12.5 million sq ft, thus reflecting the continued activity of Sharjah’s real estate market.
The 28th edition of the Water, Energy, Technology and Environment Exhibition (Wetex 2026) will highlight how sustainable and resilient technologies support smart cities.
