Leading Sharjah developer Arada has signed up Parkin Company, the largest provider of paid public parking facilities in Dubai, as the sole operator at its mega Aljada project. Under this it will manage a mixed portfolio of on‑street, off‑street and building parking assets, including malls and residential buildings.
Saudi Arabia’s Sumou Real Estate has signed a 35-year-long lease agreement with Saudi Airlines Real Estate Development Company (SARED) for a 78,374 sq m land plot in Jeddah. As per the deal, Sumou will develop an integrated mixed-use project on the land, located in the southwestern corner of a master-planned area.
Saudi Ground Services Company (SGS) has announced that it has secured a SAR315 million ($84 million) contract from Riyadh Airports Company for carrying out the operation and maintenance of passenger boarding bridges and related services at King Khalid International Airport (KKIA).
EmaarEC, the master developer of King Abdullah Economic City (KAEC), has announced that it has awarded a major contract to Nesma and Partners to carry out infrastructure development works within the Industrial Valley and the Special Economic Zone at KAEC.
The Royal Commission for Riyadh City (RCRC) has announced steady progress on the Taif Road extension project, a strategic component of the first batch of the SAR13 billion ($3.4 billion) Main & Ring Road Axes Development Programme, with 65% of the work already completed.
Saudi-based Advanced Building Industries Company (Senaat) has announced that one of its key subsidiaries, Zamil Structural Steel has signed a contract with Qatari group Elegancia Steel Company for the design, manufacture, and supply of steel structures for a project in Algeria.
Mered, a leading real estate developer, has unveiled a floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to its waterfront project - Riviera Residences - in Abu Dhabi. A first-of-its-kind immersive venue, it signals a new chapter in experiential real estate in the UAE.
The Saudi Real Estate Development and Ownership Exhibition (SEREDO 2026) opened in Dammam on Monday with the participation of public entities, key developers, financing institutions, and real estate experts.
Emirates Water and Electricity Company (Ewec) has entered into a strategic collaboration framework agreement with Abu Dhabi Future Energy Company (Masdar) to set up a roadmap for the accelerated deployment of utility-scale renewable energy projects.
Parkin Company, the largest provider of paid public parking facilities and services in Dubai, has signed a five-year Parking Management Framework Agreement with Al Futtaim Group to deliver parking regulation and enforcement services across key retail destinations in the emirate.
