Saudi Arabia's National Water Company (NWC) has announced that it has completed 50 water and sanitation projects worth more than SAR2.4 billion ($640 million) in the first half of the year as the kingdom seeks to expand infrastructure and improve public services under its Vision 2030 programme.
Saudi Arabia’s Prince Mohammed bin Fahd University (PMU) has awarded a SAR994 million ($262 million) contract for the construction of a new specialty hospital within its premises at Al Khobar in the kingdom's Eastern Province. The 10-storey healthcare facility will come up on a 60,000 sqm area.
Dubai's real estate market is entering a more mature phase, with investors becoming increasingly selective and focused on long-term fundamentals rather than rapid price gains, according to a new investor confidence report.
The Global Water Organization (GWO) convened representatives of its eight founding member states in Jeddah to review progress since the group's charter was signed last year. The delegates also discussed the organisation’s four-year strategy focused on research and innovation as well as data and insights.
Steady progress is being made on the Bahrain International Airport Roads Development project with its third phase nearly 47% completed, said a report. Work has now officially begun on pouring the bridge decking for one of the kingdom’s biggest traffic infrastructure upgrades.
Mered, an award-winning real estate developer, has unveiled its ‘bay villas’, a unique collection of five waterfront residences on Al Reem Island. Each villa is named after an iconic city along the French Riviera and draws its identity from the character of its namesake destination.
Magna AI, a global integrated-value-chain sovereign AI transformation leader, today announced a strategic collaboration with Emaar Executive Company (EEC), a Saudi-based company specialising in data centre construction, engineering, procurement and construction (EPC), systems integration, and infrastructure services.
The UAE ushered in a new era in its transportation history on Tuesday as the country's first national passenger rail service officially entered operation, with Etihad Rail carrying its first fare-paying passengers on the inaugural scheduled journey from Fujairah to Abu Dhabi.
DP World and Lintara Properties, the real estate development platform of Arcapita Group Holdings, have broken ground on a new 20,000 sq m build-to-suit logistics centre in Dubai's Jebel Ali Free Zone (Jafza).
UAE-based Luxe Developers has awarded a key fit-out contract to Interiors International Industries for its flagship Oceano development on Al Marjan Island in Ras Al Khaimah. On completion, Oceano will boast 225 ultra-luxury residences across two interconnected towers as well as 11 retail units.
