SharpMinds Consulting Engineers, a UAE-based multidisciplinary engineering and advisory firm, has announced the opening of its new Dubai office. The new studio located in Jumeirah will serve as a strategic hub for its regional growth in addition to the head office in Abu Dhabi.
UAE-based MOMA International has been appointed as the interior design consultant for office space within AHS Tower in Dubai. Set for completion this year, the 38,427 sq ft property is being designed as a luxury workspace inspired by elements from high-end hotels and residential interiors.
Dubai's office market entered a more balanced phase during Q2 with occupier demand remaining resilient despite a more measured pace of leasing activity. The office leasing transactions hit 38,082, registering a modest 4% quarter-on-quarter increase, said an industry expert.
Global real estate expert JLL has been signed up as the exclusive leasing agent for Al Bustan Business Park, a new Grade A commercial development in Riyadh by Olayan Financing Company comprising six office buildings with one designated as Olayan’s new headquarters, alongside two dedicated F&B building.
UAE-based fäm Properties has announced that it has facilitated the sale of 40,000 sq ft of office space at Vision Tower in Business Bay for a record AED124 million ($33.8 million). It is the biggest commercial real estate deal of its kind recorded in Dubai.
Capital Group, one of the world’s largest and leading active investment managers, has announced plans to establish its first office in the Middle East, in the UAE’s Abu Dhabi Global Market (ADGM).
Inchcape Shipping Services, a leading UK-based port agency and marine services provider, has opened a new office in Brunei Darussalam, strengthening its local presence in a strategically important market for offshore, naval and logistics operations in Southeast Asia.
Qiddiya Investment Company (QIC), the developer of Qiddiya City, the capital of entertainment, sports, and culture in Saudi Arabia, has announced that it has signed up global technology leader Cisco to power its new smart office HQ through intelligent use of networking, collaboration and indoor navigation.
DMCC has announced the launch of two premium commercial towers - One Uptown Place and Two Uptown Place - within its flagship Uptown Dubai district. The development will add more than 560,000 sq ft of Grade A office space, taking the district’s total commercial footprint beyond 1 million sq ft.
Saudi Arabia has announced the launch of the Expression of Interest (EoI) phase for the development of the Quality Valley project in Riyadh under a PPP model. The project scope includes the development of the HQ site of Saso in Riyadh and transforming it into a 191,000-sq-m integrated mixed-use masterplan.
