Zoya Developments has kicked off construction work at its latest residential project, Calisi, in Dubai South, just 30 days after its official launch. Set for completion in the third quarter of 2027, the key project will comprise fully furnished two-bedroom apartments along with premium amenities.
Indian construction and engineering conglomerate Larsen and Toubro (L&T) said it has been awarded the front-end engineering and design (FEED) contract by Singapore-based Meranti Green Steel (MGS) for a major green iron project in Duqm, Oman, with a 2.5 million tonnes per annum capacity.
Hassan Allam Holding, a leading engineering and construction company in the Mena region, said one of its key subsidiaries, in a joint venture with UCC Saudi, has secured the contract for Waldorf Astoria Hotel, Residences & Mixed Use Super Block located within the kingdom's mega development Diriyah.
Dubai's Roads and Transport Authority (RTA) has announced that 30% of the work has been completed on its Bus and Taxi Lanes Project which is being implemented across six key streets in the emirate. Once completed, the length of dedicated bus lanes will increase to 20.6 km.
Dubai Municipality has selected preferred bidders for the first two packages of its AED80 billion ($22 billion) Dubai Strategic Sewerage Tunnels (DSST) project, said a report. The project scope includes construction of deep sewer tunnels linked to treatment units at Warsan and Jebel Ali, as well as laying of 200km of sewer links.
Innovo Group, a UAE construction company, said it has completed the work on Six Senses Residences Palm Jumeirah, a sustainable ultra-luxury project in Dubai. The sprawling development boasts two Sky Villa buildings offering 32 keys, nine private villas as well as two penthouse buildings comprising 131 apartments.
Saipem has announced that its joint venture with Nasser Saeed Al Hajri has secured a key engineering, procurement and construction services contract worth €900 million ($1.03 billion) for the Uthmaniyah Gas Compression Plant in the Kingdom of Saudi Arabia. The entire work will be completed within 42 months.
Construction activity across the Gulf region remains robust, supported by strong project execution and rising demand for building materials with concrete works up 10-13% and reinforcement steel up 16%, said a new report. The GCC currently has about $951 billion worth of projects under active execution.
Ritchie Bros., an RB Global company and a leader in asset management and equipment disposition across Europe and Middle East, is preparing for an expanded auction calendar with the arrival of spring, following a record-breaking first quarter.
The primary tunnelling works for the AED20.5 billion ($5.58 billion) Dubai Metro Blue Line project was launched on Sunday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
