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.
Saudi Arabia's Ministry of Health (MoH), the Ministry of Defense (MoD) and the National Center for Privatization & PPP (NCP) have launched the Expression of Interest (EOI) and Request for Qualification (RFQ) phase for a major renal care project.
Hira Industries, a global manufacturer and supplier serving the construction sector since 1980, has expanded its operations at Ras Al Khaimah Economic Zone (Rakez) with the addition of a new factory and warehouse facility at Al Ghail Industrial Zone.
UAE real estate agency betterhomes has announced the exclusive launch of City Tower, a premium long-term leasing address on Sheikh Zayed Road in Dubai, in collaboration with H&H. The 93-storey tower offers 695 residences - ranging from studios to four-bedroom homes - available to move in from June 20.
Volvo Construction Equipment (Volvo CE), a global leader in construction solutions, has announced the appointment of Hanna Ihnatovich as the new Head of Sales (International). An industry veteran, Hanna had held a range of commercial roles globally and also across Europe region.
Arabian Construction Company (ACC) has announced that work is underway on 500 luxury villas being developed by Eagle Hills as part of the landmark Ramhan Island development, situated off the coast of Abu Dhabi. Spanning over 4 million sq m, Ramhan Island is designed as a premier waterfront destination.
Drake & Scull International, in a strategic partnership with luxury developer Prestige One Developments, has officially started work on the Majan Project. Located in one of Dubai's fastest-growing districts, the Majan Project is set for completion in the first quarter of 2028.
Parsons Corporation has been awarded a key contract by The Boring Company (TBC) to provide professional services for Dubai Loop project, an underground transportation initiative being developed in UAE. As part of the deal, Parsons will act as TBC’s delegated programme manager and provide integrated services.
Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.
Al Baraka, a leading Islamic bank in the Kingdom of Bahrain, has announced that it has signed the third addendum to the housing finance programmes agreement with Eskan Bank. This step incorporates the “Sale of Residential Units Prior to Completion” programme under the framework of their joint co-operation.
