Investcorp, a global alternative investment firm based in Bahrain, has announced that one of its key units, Investcorp Capital, has acquired a diversified US industrial real estate portfolio worth $200 million. It comprises 19 industrial properties spanning over 1.4 million sq ft across DFW, Chicago, Indianapolis and Cincinnati.
UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region.
The Oman Real Estate, Design & Build Exhibition and Conference ended on a successful note with agreements worth over RO443 million ($1.14 billion) signed during the four-day event. This year's expo attracted more than 35,000 visitors and witnessed broad participation from leading investors and developers.
Webuild, a global leader in the design and construction sector, has announced that it has successfully completed the work on the Western station of Riyadh Metro network. With the bringing into service of this station, the entire line of the Italian builder's 22-station network on the Orange line is officially complete.
The Private Office of Sheikh Ahmed bin Mana bin Khalifa Al Maktoum (AMKM) and Elephants Foot Arabia have announced a strategic partnership to support the advancement of sustainable infrastructure, waste management compliance, and environmental performance initiatives across the United Arab Emirates.
The world’s tallest, largest and smartest net-positive government building - Al Shera’a - was inaugurated in Dubai by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Friday.
Dubai’s Roads and Transport Authority (RTA) has completed 80% of Al Khaleej Street Tunnel Project, which extends 1,650 metres from the end of Infinity Bridge ramp in Deira to the intersection of Al Khaleej Street and Al Wuheida Street.
Thumbay Group has broken ground on the Thumbay Psychiatric and Rehabilitation Hospital at Sharjah Healthcare City, a 110,000-sq-ft facility set to become the region's first private, fully integrated hospital dedicated to psychiatric care, neuro-rehabilitation, and addiction recovery.
MAAIA, a boutique luxury developer in Dubai, has confirmed that construction across its two active residential developments, La Clé in Al Furjan and La Vue in Nad Al Sheba Gardens, is advancing at full pace.
IMAN Developers, one of Dubai's leading luxury residential developers, has launched Oxford Cove, the newest addition to its signature Oxford Series, located in Jumeirah Village Circle (JVC).