Bahrain Aluminium Extrusion Company (Balexco), a leading producer of aluminium extrusion products used primarily in construction sector with operations across the GCC, is planning a stock market listing after shareholders approved a proposal to transform the company into a public shareholding firm.
National Properties, a key unit of UAE investment company National Bonds, said more than 95% of the work has been completed on its AED1 billion ($272.2 million) residential and retail development - 399 Hills Park - at Dubai Hills Estate - thus bringing the project into its final phase ahead of handover.
In a bold move towards the future, Dubai city has greenlit its most ambitious transport project yet: the all-new Gold Line of the Metro. Spanning 42 km with 18 stations, this fully underground network is set to reshape how the emirate moves when it rolls out in 2032.
Four key players in Georgia’s real estate sector have announced the development of Trump Tower Tbilisi, Georgia, in collaboration with The Trump Organization.
AESG, an engineering and consultancy firm, has announced expansion of its Mission Critical unit, broadening its data centre offering to full multidisciplinary integrated design delivery. Its focus markets will remain UAE and Saudi Arabia where the demand for hyperscale data centres is booming.
Arabian Acres, a Dubai-based luxury real estate brokerage and development advisory firm, has completed the acquisition of three adjacent freehold plots in Jumeirah Coastline for a collective value of AED400 million ($109 million), thus setting new record for residential land transactions in UAE. .
SSH, one of the leading masterplanning, infrastructure and project management firms in the Middle East, has announced that it has secured the design and supervision contract for Expo Valley Views, the next chapter in Expo City Dubai’s sustainable living story.
Khazna Data Centers, a leading player in the critical AI infrastructure sector, has announced that its facility in Dubai has become the first data centre globally to be awarded the Zero Waste Certification by SCS Global Services, one of the world’s leading third-party sustainability certification bodies.
Jeddah Tower, Saudi Arabia’s landmark mega-tall mixed-use tower, has achieved a major construction milestone surpassing 100 floors and 400m in height.
HFCL has introduced its IO portfolio in Kuwait through Alghanim Engineering, expanding advanced communications solutions to support key sectors such as oil and gas and utilities.
