UAE-based ALEC Engineering has secured a $1.7 billion construction contract for Sphere Abu Dhabi, an iconic immersive entertainment venue, coming up on Yas Island. The project scope includes design, procurement and construction work of the world’s second Sphere arena which is set for completion by 2029.
Leo & Loona Kids Park has opened at The Avenues Mall Bahrain, introducing one of the region’s leading indoor family entertainment concepts to the Kingdom.
Dividend Gate Capital, Bahrain-based private equity firm, plans first indoor ski academy with international partner, responding to rising skiing popularity among Bahrainis and GCC families, driven by increased winter travel to Europe and other destinations.
Mered, a leading real estate developer, has unveiled a floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to its waterfront project - Riviera Residences - in Abu Dhabi. A first-of-its-kind immersive venue, it signals a new chapter in experiential real estate in the UAE.
Arabian Construction Company (ACC) has announced that work is underway on 500 luxury villas being developed by Eagle Hills as part of the landmark Ramhan Island development, situated off the coast of Abu Dhabi. Spanning over 4 million sq m, Ramhan Island is designed as a premier waterfront destination.
UAE-based Durar Group has appointed Ali & Sons as the main contractor for its flagship branded residential development - Moonstone Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah. A premium development, it features 226 sea-facing residences along with key amenities.
Vision Hospitality will launch a 45,000 sq ft multi-concept dining and entertainment destination at Reem Mall, Abu Dhabi, featuring McGettigan’s and a live sports Fan Zone, marking a major regional expansion.
UAE-based developer H&H, in partnership with Aman Group, has announced the official groundbreaking of its luxury waterfront destination in Dubai. Designed by Kerry Hill Architects (KHA), Aman Dubai will comprise a premium hotel along with 78 branded residences and a limited collection of waterfront villas.
Leading Abu Dhabi entities - Aldar and Mubadala Investment Company (Mubadala) - have completed the acquisition of The Link at Masdar City for AED654 million ($178 million). A premium landmark, The Link comprises 32,000 sq m of net leasable area across five buildings.
UAE-based Miran Hills Real Estate said it has entered into an agreement with Ras El Hekma Urban Development Project Company to secure rights for development of a prime parcel of land in a premier coastal destination on Egypt’s North Coast, into a landmark waterfront destination.
