Modon’s Hudayriyat Golf Estates on Hudayriyat Island, Abu Dhabi has achieved record-breaking sales exceeding AED13 billion ($3.54 billion) within days of launch, marking the highest publicly recorded sales value for a single residential project launch in the UAE.
Saudi Arabia is looking for private investors to fund a $135 million ferris wheel in Madinah, as the kingdom pushes to expand attractions for pilgrims and domestic travellers beyond its holy sites, said a report. The project, Hijaz Eye, would be built on a 33,700 sq m plot, roughly the size of five football pitches.
Parsons Corporation said it has secured a three-year contract to provide construction management as well as construction supervision services for the Lusail City Infrastructure Program, a master-planned development north of Doha, Qatar.
UAE-based Mycrane has facilitated the rental of a 400-tonne Sany SCC4000E crawler crane for Bheemaa Infra Solutions, a steel fabrication and structural engineering contractor engaged on the Amaravati Government Complex, a landmark secretariat development in the south Indian city of Andhra Pradesh.
Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Across the GCC, the built environment has become one of the most powerful enablers of economic transformation. These projects are reshaping skylines, attracting global investment and positioning the GCC as a global hub for innovation, business and talent. Yet as the scale and complexity of development continues to grow, so too does the importance of an often-overlooked factor that underpins long-term success: building codes.
Dubai Holding Community Management has announced that it has signed an agreement with Al Etihad Energy Services (Etihad Esco) to strengthen energy efficiency and strategic sustainability initiatives across communities that it is managing.
UAE-based developer H&H has appointed leading contractor Palace Group to deliver an exclusive collection of six-bed Luna Villas within its nature-led residential community - Eden Hills in Dubai. Set for completion in 2028, these villas occupy prime plots overlooking the signature Central Wadi.
Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio.
Plant & Equipment (P&E), the global heavy equipment marketplace, has closed a round of asset-backed financing to accelerate the growth of P&E Auctions, the company's fast-growing auction division serving buyers and sellers across the Middle East, Africa, and beyond.
