China's Anta Scaffolding has been named the specialised scaffolding contractor for a part of the mega Al Maktoum International Airport project in Dubai. Its scope of work covers scaffolding works tied to the underground structural construction, including those related to the underground tunnel sections.
Q Mobility, a leading operator of public parking in the Emirate of Abu Dhabi, and Parkin Company, the largest provider of public parking facilities and services in Dubai, have signed a memorandum of understanding (MoU) to strengthen collaboration on smart parking solutions and enhance digital integration between the parking ecosystems of the two emirates.
Dubai Municipality has announced the launch of an innovative project to develop an AI-powered system that will fully automate the building permit issuance process. It represents a major leap forward in the delivery of building permit services by allowing customers to conduct pre-submission design checks.
Dubai developer Meraas said it has teamed up with International Foundation Group to break ground on two residential buildings being developed as part of the third phase of its City Walk Crestlane, thus marking the next construction milestone in the continued expansion of the residential community.
Knowledge Economic City has announced a strategic partnership with UAE-based Apparel Group to bring 24 international retail and dining brands across 8,686 sq m to its Multaqa Al Madinah Mall, including 10 brands making their debut in Madinah.
Saudi Industrial Development Company (SIDC) has signed an agreement with Sudom Investment Company and Mohammed A. AlSwailm Holding to explore the acquisition of the entire share capital of Industrial Production Services Company, a major player in the Saudi construction and building sector.
Saudi Arabian Mining Company (Maaden) has reported solid results for the second quarter with its net profit surging 13% to SAR2.18 billion ($580 million) and its revenue hitting SAR10.9 billion ($2.87 billion), helped by higher commodity prices and increased gold sales volumes.
Qatari Diar, a leading developer, has officially announced the launch of the first phase of its landmark $29.7 billion Alam Al Roum project coming up on Egypt's North Coast over a 20.58 million sq m area. The Phase I is set for handover in 2030.
Saudi Arabia's National Water Company (NWC) has announced that it is implementing key water distribution network projects in Al Shanan and Khulais governorates in the Hail region and has completed work on 5 water tanks in the west of capital Riyadh in line with its Vision 2030 goals.
Arabian Internet and Communications Services has entered into a deal with Center3, a key unit of Saudi Telecom Company, for the establishment and construction of data centres in Dammam. The project will be delivered in four construction stages within an 18-month period.