Ducab, a leading UAE-based provider of energy solutions, has appointed Matteo Bavaresco as its new Group CEO . An industry veteran, Bavaresco brings more than 25 years of international experience across the Europe, Middle East and Africa and Asia Pacific regions.
Dubai-based Prime Inspections & Snagging has announced the expansion of its home inspection services across all seven emirates. Its services cover new handover snagging, resale property, contractor work and complete building inspection as well as water leakage and pool inspection.
Developers across the Gulf region need to fundamentally rethink how luxury homes are designed and built, as rising heat stress exposes the limitations of construction materials and methods that were never engineered for this climate, said a top industry expert.
Abu Dhabi-based BlueFive Capital has acquired a 70% stake in Gulf Cobla, a UAE-based dredging, land reclamation company. As part of the deal, BlueFive Capital will buy the entire 49% stake held by an affiliate of Saudi Binladin Group, together with a 21% stake from Dutco Group.
Bahrain's Information & eGovernment Authority (iGA) highlighted the kingdom's digital transformation strategy and plans to expand the use of AI and data-driven government services as it seeks to boost its position as a leading regional and global model in digital transformation and smart cities.
Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report.
Leading petrochemical company Sipchem has announced that work has been fully completed on the expansion project at the ethylene cracker plant operated by one of its key ventures, the Saudi Ethylene and Polyethylene Company (SEPC), and now its trial production has begun.
Saudi-based Al Ramz Real Estate has joined hands with Oud Capital to set up a new shariah-compliant real estate investment fund with a target size of over SAR1 billion ($267 million). It aims to develop more than 800 residential units on 70,516 sq m of company-owned land in the kingdom.
10 Design, a global architecture and masterplanning practice based in UK, has unveiled its vision for The Cape, a key residential project within the Al Barari masterplan in Dubai. Spanning 140,000 sq ft, the scheme features 286 apartments, ranging from one-bedroom units to four-bed duplexes.
Global energy technology company SLB has secured a major contract from Kuwait Oil Company (KOC) for the development of its flagship Ahmadi Innovation Valley (AIV) initiative, thus marking a key step in accelerating technology deployment and innovation across Kuwait’s upstream oil and gas sector.
