Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a contract valued at KD111.05 million ($359 million) for delivering engineering, procurement and construction (EPC) of tanks for Kuwait Oil Company‘s Jurassic Light Oil export facilities.
The pace of new and renewed rental contracts recorded in Dubai’s freehold areas continued to increase in August, says a new report.
Engel & Völkers Middle East has launched the Engel & Völkers Search app within ChatGPT, marking an important advancement in how clients discover and explore real estate opportunities.
Cheval Collection, a UK-based luxury hospitality company with a growing number of properties in the Middle East, has appointed Robert Nicolas, an industry veteran with two decades’ experience in hospitality, as the Cluster Director of Sales for its two serviced apartment properties in Dubai.
Samsung E&A has secured a major engineering, procurement and construction services contract worth $3.46 billion from Sabic Agri-Nutrients Company (formerly Saudi Arabian Fertilizer Company - Safco) for its integrated industrial complex. The project commissioning is targeted for Q3 2030.
Sharjah’s real estate sector recorded transactions worth AED4.6 billion ($1.25 billion) in August through 9,139 transactions across various areas of the northern emirate. The total traded area in sales transactions reached 12.5 million sq ft, thus reflecting the continued activity of Sharjah’s real estate market.
The 28th edition of the Water, Energy, Technology and Environment Exhibition (Wetex 2026) will highlight how sustainable and resilient technologies support smart cities.
Majid Al Futtaim, a leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, reported a record first-half EBITDA of AED2.5 billion ($680.74 million), a 11% increase year-on-year.
SEREDO 2026, the fifth edition of the Saudi real estate development and ownership exhibition, drew around 35,000 visitors over three days this week.
Dubai Holding, a diversified global investment company, has awarded the AED5 billion ($1.36 billion) construction contract for the delivery of the group’s new headquarters and Jumeirah Residences Emirates Towers to China State Construction Engineering Corporation Middle East (CSCEC ME).
