UAE developer Arada has unveiled plans to build a twin-tower residential project at a prime site on the Gold Coast in Australia’s Queensland at a total investment of AED5 billion ($1.36 billion). The Plus Studio-designed scheme will feature 952 homes with a mix of one- to three bedroom units.
The UAE is set to get its largest hot-dip galvanising kettle into production in September, with Galva Hub Metal Coating completing commissioning at its facility in Metal Park located within Khalifa Economic Zones Abu Dhabi (Kezad) after receiving 825 tonnes of zinc. The facility would allow large steel structures to be galvanised locally.
Parkin Company has signed an agreement with Modon Misr for Asset & Facility Management, Mwasalat Misr and Redcon Properties to explore opportunities for collaboration in developing parking management and smart mobility solutions in Egypt, thus marking its first entry into the Egyptian market.
Dubai Electricity and Water Authority (Dewa) said it is integrating sustainability measures across its infrastructure projects to help cut carbon emissions, boost resource efficiency and support the emirate’s clean energy transition as the emirate pushes ahead with its sustainability goals.
Saudi Arabia’s booming real estate market is set to take centre stage in Riyadh this November as Cityscape Global 2026 brings developers, investors and policymakers from around the world together to explore opportunities emerging from the kingdom’s ambitious urban transformation.
UAE developer Tomorrow World Properties has signed an official partnership with Italian luxury brand Missoni for an upcoming launch of a new development in Dubai. Each home will boast designer interiors by Missoni – including their signature patterns and custom-made fixtures.
UAE's PropTech sector is poised for solid growth over the coming years with the market set to hit AED5.95 billion ($1.6 billion) by 2032 with a CAGR of 13.28% between 2026 and 2032, thanks mainly to Virtual Reality and Augmented Reality technologies that are driving this evolution, said a report.
Swedish industrial technology company Statetron has announced plans to develop a 10-hectare industrial facility in Qatar combining artificial intelligence (AI), robotics, energy storage and autonomous logistics in a manufacturing system designed to scale to multi-gigawatt capacity.
Bahri Logistics, a unit of Saudi national shipping company Bahri, has signed an agreement with Red Sea Global, the developer behind regenerative tourism destinations to expand their existing partnership and also explore new opportunities for strategic logistics collaboration.
Saudi Water Authority (SWA) said its operational unit has entered into an agreement to transfer the management and supervisory responsibilities for a portfolio of desalination plants to Al Holol Water Desalination Company, covering facilities that use groundwater and surface water.
