Saudi-based First Avenue for Real Estate Development Company has signed an addendum to its contract with Asas Makeen Real Estate for a key residential project in Al Hada District. Following the completion of the detailed designs and technical specifications, the project cost has been set at SAR86 million ($22.9 million).
UAE developer Mered has announced a major construction milestone at Riviera Residences, its flagship waterfront project on Al Reem Island, as the project enters deep foundation and piling works. On completion, it will feature over 400 apartments and 11 exclusive villas, including sky villas, ocean villas and a penthouse.
Saudi-based Rawasi Al Bina Investment Company has signed a framework agreement with Saudi Energy Company for the execution of installation, replacement and maintenance works related to low- and medium-voltage overhead and underground distribution networks in the Qassim region.
A consortium of India-based VA Tech Wabag, a global leader in water and wastewater treatment solutions, and Heavy Engineering Industries and Shipbuilding Company (Heisco) has been awarded a KD114.2 million ($370 million) contract for a major seawater reverse osmosis (SWRO) desalination plant in Kuwait.
A significant workforce shortage threatens the MENA region's ability to deliver critical infrastructure projects by 2035, says a new report.
Dubai’s Roads and Transport Authority (RTA) has awarded the contract for the development of Umm Suqeim Street, Al Wasl Road and Al Safa Street as part of its road infrastructure development works. The project scope includes construction of bridges and tunnels extending 11,000m long.
The Royal Commission for Riyadh City (RCRC) has announced steady progress on the 56-km Second Southern Ring Road Project with 27% of the work already completed. The project scope includes 10 main intersections, 32 flyovers and bridges as well as 20 tunnels and 77 stormwater culverts.
Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED3.5 billion ($953 million) to Ginco General Contracting and United Engineering Construction (UNEC) for the construction of 544 villas on Palm Jebel Ali, marking a key milestone in the delivery of one of Dubai’s most significant waterfront developments.
Dubai's Roads and Transport Authority (RTA) has announced that 90% of the work has been completed on its smart bus station and is on track for completion by month-end. The key initiative forms part of RTA’s broader drive towards digital transformation and sustainability.
Saudi-based Jabal Omar Development said it has won the licence from the Ministry of Tourism to operate the 205-key Rotana Hotel being developed as part of Phase Four of its mega project in Makkah. The Rotana Jabal Omar Hotel spans across three towers comprising 655 rooms and suites.
