UAE-based Azizi Developments has officially begun the handover of residential units at its premium project, Azizi Central, located within the Al Furjan community in Dubai. A 12-storey project, it comprises 97 modern apartments with a mix of one-, two- and three-bedroom units.
UAE-based Shamal Holding has appointed ALEC Fitout, a leading fit-out specialist in the region, as main contractor for the first major phase of transformation of Jumeirah Zabeel Saray, one of Dubai's most iconic hotels located on Palm Jumeirah. The full completion of this phase is expected by early 2027.
Arabian Pipes Company (APC) has announced that it has secured a key contract from Saudi oil giant Aramco for the manufacturing, coating and supply of steel pipes for one of its projects. The entire work will be completed within a eight-month period.
Abu Dhabi National Oil Company has awarded EPC contracts worth $5.1 billion for the development of the Umm Shaif Gas Cap in the emirate, marking the final investment decision on the project, that is expected to unlock over 600 million standard cu ft per day of natural gas by 2030.
Aldar has launched its landmark AED100 billion ($27.2 billion) waterfront development - Marsa Al Saadiyat - on a 6.4-million-sq-m area in Abu Dhabi featuring private mansions, luxury villas, waterfront apartments and branded residences set along an 8-km coastline with 5.6 km of pristine beaches and other world-class amenities.
Musanadah Facilities Management has appointed internationally recognised facilities management executive Richard Kiernan as its Solutions Development Director.
Gulf construction remains resilient despite the Middle East conflict, but real estate developers are beginning to feel the impact as weaker investor sentiment and slowing sales weigh on the sector, S&P Global Ratings said.
UAE-based MOMA International has been appointed as the interior design consultant for office space within AHS Tower in Dubai. Set for completion this year, the 38,427 sq ft property is being designed as a luxury workspace inspired by elements from high-end hotels and residential interiors.
Dubai South Properties has entered into a strategic partnership with leading regional bank Emirates NBD to offer tailored off-plan mortgage solutions to its customers looking to buy freehold real estate projects within the mega urban master development Dubai South.
US-based Fluor Corporation has announced that it has been awarded a major front-end engineering and design (FEED) contract by Gulf Petrochemical Industries Company (GPIC) for a new aromatics facility located in the Kingdom of Bahrain as part of an expansion of its existing petrochemical complex.