Leading global property and lifestyle advisory firm BlackBrick Property has launched a new, complimentary advisory service designed to support anyone currently involved in a property transaction related to Dubai.
As part of a long-term strategic shift and due to the unsustainable profitability of the Rokbak articulated hauler business, Volvo Construction Equipment (Volvo CE) will close its Rokbak business and concentrate resources on its portfolio of other hauling solutions, the company said.
Global utility major Acwa Power has acquired the entire 32% stake of Saudi PIF company Badeel in Shuaibah Water and Electricity Company (developer of Shuaibah IWPP). With this move, Acwa Power has now become the majority stake holder in the Shuaibah company with 62% share.
Midal Cables has been awarded the EcoVadis Platinum Rating, the highest level of recognition granted by EcoVadis, placing the company among the top 1% of more than 130,000 companies assessed globally.
Rua Al Haram Al Makki Company, a Saudi PIF company dedicated to delivering projects surrounding the Makkah mosque, has collaborated with Alpha Development to explore and develop qualitative urban projects, including initiatives within the King Salman Gate Project.
Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has achieved a major construction milestone with the completion of 7,193 cu m of concrete pouring within a record 15.5 hours for the Gyratory Tunnel Extension in Phase II of the giga Diriyah project.
Jubail Island Investment Company has awarded a contract to Arabian Construction Company (ACC) to deliver Packages 1 to 5 within its mega development in Abu Dhabi. The scope of work includes construction of premium three- to six-bedroom villas along with other key amenities.
Rowad Modern Engineering has announced the start of work on expansion of the Saudi Logistics Services Company (SAL) facilities at King Khalid International Airport in Riyadh.
Gulf Steel Expo 2026, a premier exhibition and technical conference dedicated to the full spectrum of steel manufacturing, pipe production technologies and industrial fabrication solutions across the region, to be held next month in Dammam has been postponed. The new dates will be announced later, the organisers said.
National Properties, the real estate subsidiary of UAE investment company National Bonds, has announced the groundbreaking of its new 26-storey Grade A office tower at Barsha Heights in Dubai. Designed by the globally recognised practice NORR Architects & Engineers, it is set for completion in Q4 2028.
