UAE developer GAF Property has announced that it is shaping a new residential experience in Abu Dhabi through its latest residential development, Flow 25, located on Reem Island. The project draws its design inspiration from the Ghaf tree, one of the UAE’s most iconic natural symbols.
AESG, a global engineering, consultancy and advisory firm, has announced the opening of its new 25,000 sq ft headquarters in Dubai, thus marking a significant milestone in its evolution and enduring commitment to the emirate as a centre for business and technical excellence.
Leading automotive brand Omoda and Jaecoo has announced plans to bring its advanced AI-powered driverless parking system ‑ VPD (Valet Parking Driver) ‑ to select models in the UAE market as part of its next-generation intelligent mobility vision.
Royal Commission for Riyadh City (RCRC) is gearing up to launch a major urban cooling project in the Saudi capital that aims to reduce temperatures on roads, walls and other urban surfaces by up to 15°C, said a report. Top Greek consulting firm Planet has been signed up as the lead consultant for the project.
Sungrow, in partnership with ACO and Korra Energi, has commissioned a 1.4 MWp solar system at the Esh El Mallaha petroleum facility in Hurghada, addressing persistent energy challenges in Egypt’s remote oil and gas operations.
Oman’s Ministry of Heritage and Tourism has signed two usufruct agreements to establish a four-star resort in the Wilayat of Al Hamra in A’Dakhiliyah Governorate and a five-star hotel in the Wilayat of Mirbat in Dhofar Governorate, with an investment cost exceeding $31 million.
Saudi industrial manufacturer National Metal Manufacturing and Casting Co said its subsidiary has signed a supply contract worth more than SAR10 million with Harbin Electric International Company for equipment to be used in a major power project in the Kingdom.
Saudi-listed Al Ramz Real Estate Company said it has signed agreements to acquire the remaining units in a private real estate investment fund that owns the Qurtuba 2 development in Riyadh, in a deal valued at SAR 133 million ($35.5 million).
The GCC countries recorded a 3 percent decline in the annual rate of groundwater extraction over the past nine years, alongside an increase in the share of renewable water resources, which reached 25.5 percent in 2024.
A major update to the UAE’s civil law will come into force on June 1, bringing changes that are expected to affect how residents, families, businesses and young adults deal with contracts, property, money and legal responsibility.
