The UAE is marking this year's World Water Day reaffirming its commitment to advancing global water security and sustainable water resources solutions. It's water strategy is underpinned by major financial pledges, including its $150 million COP28 pledge and the $60 million 'Clean Rivers' programme.
Saudi Arabia’s Retal Urban Development Company has entered into an agreement with leading Omani authorities for the development of three neighbourhood community projects within Sultan Haitham City, Oman’s largest urban development project, at a total investment of $800 million.
Leading UAE developer Eagle Hills has signed an agreement with the Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) to develop a key commercial project valued at AED1 billion ($272.2 million) in support of the 'Mother of the Nation Endowment for Orphans.'
Dubai Investments has announced that work is moving at a steady pace on one of its premium mixed-use developments on Al Marjan Island in Ras Al Khaimah with its residential tower on track for Q1 2027 completion and its hotel unit by Q3 next year.
Group Amana, a regional leader in the design-build of commercial facilities, has announced that it has secured a key contract from DP World for a multi-tenant warehouse development in Dubai, featuring 187 units across seven blocks, including warehouses, light industrial units and a retail outlet.
Nama Power and Water Procurement Company is set to ink new power purchase agreements (PPAs) with Oman's top listed power generation companies – Al Suwadi, Al Batinah and Phoenix Power - for three gas-fired Independent Power Projects (IPPs) with a combined 3,500 MW capacity in the sultanate.
The May edition of Big 5 Construct Saudi, the largest construction event in the kingdom, has been postponed to September. The January event held in the capital Riyadh had drawn more than 1,100 exhibitors from over 50 countries showcasing more than 20,000 products and solutions.
Kuwait has reported significant progress in its projects for February, with infrastructure and building works advancing at a rapid pace across several housing cities including Al Mutlaa City (where 170 buildings are under construction) and South Sabah Al Ahmad City (where key roads works are underway).
Abu Dhabi and Dubai have approved major housing benefits totalling AED9.52 billion ($2.59 billion) for their citizens ahead of Eid-Al-Fitr, reflecting the leadership’s ongoing commitment to enhancing Emirati families’ wellbeing.
Adnec Group, a unit of Abu Dhabi group Modon, has announced a strategic partnership deal with Emirates Water and Electricity Company (Ewec) to power Adnec Centre Al Ain with renewable and clean energy. Hosting over 500 events annually, the venue will now operate entirely on clean energy.
