MERED, a leading real estate developer, has achieved a major safety milestone by clocking 3 million safe man-hours without a lost time injury (LTI) at its ICONIC Residences Design by Pininfarina. The 66-storey tower continues to rise at an impressive pace, with it now reaching Level 31.
ALUPCO subsidiary Conmarble has inaugurated its first showroom in Riyadh, marking a significant milestone in the company’s growth journey and reinforcing its commitment to supporting Saudi Arabia’s rapidly evolving architecture, design, and construction sectors.
Saudi-based Red Sea International Company has announced that its key subsidiary, The Fundamental Installation for Electric Work, has been awarded a subcontract by the local Salini unit to deliver mechanical, electrical and plumbing (MEP) works for a Diriyah City project.
The Middle East retail real estate industry leaders are set to rethink the operating models as the forces reshaping the retail sector are converging faster than most operators recognise, said an industry expert, addding traditional space-centric models are no longer sufficient for what lies ahead.
Group AMANA, a leading design and build company, has set a new benchmark in offsite construction, with the delivery of Red Sea Global’s Amaala Staff Village featuring over 1,400 modular concrete studio units manufactured offsite and installed across 27 buildings.
Leading Spanish group Técnicas Reunidas has announced that it has secured two major contracts from a national oil company in the Middle East region to provide engineering, procurement, and construction (EPC) services for upstream oil and gas production facilities.
Spanish infrastructure major Acciona has announced that its facility service unit has been awarded a three-year contract to provide technical train cleaning and housekeeping services for the Haramain High-Speed Railway, one of Saudi Arabia's most advanced transportation systems.
UAE-based Azizi Developments has announced that more than 60% of the work has been completed on its luxury development - Creek Views III - located on the shores of the Dubai Creek within Dubai Healthcare City, and is on track for delivery by Q4 this year.
Saudi-based Umm Al Qura for Development and Construction has signed a land sale agreement with Osus Real Estate for three plots with planned investments of about SAR1 billion ($266.3 million) in Makkah city. The project will involve the development of three residential towers featuring 690 apartments.
Bahrain's Electricity and Water Authority (EWA) has announced that it has received bids from two leading utility developers - Saudi Arabia's Acwa and Abu Dhabi National Energy Company (Taqa) - for the multimillion-dollar Sitra Independent Water and Power Project being set up in the kingdom on a build-own-operate model.
