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NMDC Group, Vingroup partner for coastal protection in Vietnam

UAE’s NMDC Group, Vingroup partner for coastal protection in Vietnam

The projects are expected to generate thousands of jobs for local communities, driving economic growth in Vietnam’s coastal regions and providing substantial social benefits

Al Laith's Jason English on supporting the region's evolving events sector

Al Laith’s Jason English on supporting the region’s evolving events sector

We explore how Al Laith has sustained its leadership by adapting to the region’s evolving needs, leveraging technology and innovation, and prioritizing sustainability across its operations

Cityscape Global 2024: Tahaluf's Rachel Sturgess on aligning with Saudi's ambitious vision

Tahaluf’s Rachel Sturgess on how Cityscape Global aligns with Saudi’s ambitious vision

Cityscape Global 2024 offers a comprehensive platform for international city experts that addresses the future of urban development, real estate, and infrastructure, says the Tahaluf group director

Reboot for world’s tallest tower construction in Jeddah

Once completed, the Jeddah Economic Company (JEC) tower will rise over 1,000 metres and feature 157 floors, making it the tallest structure globally.

Azizi developments to set up 12 factories in KEZAD-Warehouses Image Kezad For illustrative purposes

Azizi Developments to invest Dhs1bn to build new factories at KEZAD

The factories, spanning 220,000 square metres, will produce essential equipment and parts for the real estate sector

Arada concludes $150m sukuk tap; 3.2 times oversubscribed

Arada successfully concludes $150m sukuk tap

The tap was priced at $102.54, yielding 7.35 per cent, a 15 basis points tightening from initial pricing thoughts

Nakheel awards construction contract for Como Residences to Alec Engineering & Contracting

Nakheel awards Dhs1.8bn construction contract for Como Residences

The 75-storey luxury residential tower on Dubai’s Palm Jumeirah is scheduled for completion in Q2 2028

Meraas awards Dhs850m contract for Bvlgari Lighthouse construction

Meraas awards Dhs850m construction contract for Bvlgari Lighthouse

Scheduled for completion in Q2 2027, the Bvlgari Lighthouse will offer uninterrupted views of the Arabian Gulf and Dubai’s iconic skyline

Emaar The Economic City unveils SAR8.7bn COP, focuses on transformation

Emaar The Economic City unveils SAR8.7bn COP, focuses on transformation

The plan, developed based on extensive assessment and analysis, aims to provide a comprehensive solution to stabilise the company’s financial and operational platforms

Nakheel awards Dhs810m marine works contract for Palm Jebel Ali

Nakheel awards Dhs810m marine works contract for Palm Jebel Ali

The winner of the contract, Jan De Nul Dredging, is expected to complete the entire scope of marine works at the landmark development in just over two years

top indians

Most influential Indians in the region 2024

We profile some of the most iconic Indian business titans based in the Gulf, highlighting their journeys and achievements

Saudi Arabia mulls raising stake in Binladin Group

Saudi Arabia to raise stake in Binladin Group to boost construction sector

The government is considering helping pay off dues to banks, lending to the firm, and even potentially increasing its stake

Emirates Steel Arkan reports Dhs3.96bn in revenue for H1

Emirates Steel Arkan reports Dhs3.96bn in revenue for H1

Despite facing headwinds in both export and domestic markets, the group sustained a stable performance throughout the period

Nabil Al Kindi - CEO of Dubai South Properties -

Dubai South Properties’ Nabil Al Kindi on supporting the emirate’s grand vision

The CEO of Dubai South Properties says the developer is on track to complete and deliver approximately 2,500 units by 2025

IHC SUBSIDIARY ESG

IHC’s Emirates Stallions Group reports 128% growth in operational profit

ESG reported a substantial revenue increase to Dhs640m, representing an impressive 140 per cent year-on-year increase

Emirates Steel, Eversendai partner for NEOM Trojena Ski Village project Image courtesy NEOM for illustrative purposes

Emirates Steel, Eversendai partner for NEOM Trojena Ski Village project

In line with the partnership with Eversendai, Emirates Steel will supply premium steel beams for the construction of the ski village

SAINT-GOBAIN FOSROC

Saint-Gobain agrees to buy Dubai-based FOSROC in all-cash deal

Since 2021, the Paris-based multinational has bought 35 companies

Saudi Arabia’s construction output value to hit $181.5bn by 2028

Saudi Arabia’s construction output value to hit $181.5bn by 2028, Knight Frank says

The ongoing transformation is being driven by Vision 2030, which aims to deliver more than 660,000 residential units and over 320,000 hotel keys

Smart cities, biometrics, nanotech: How techology is reinventing the property industry

Smart cities, biometrics, nanotech: How techology is reinventing the property industry

Technological advancements in the real estate sector are driving efficiency, enhancing user experiences, and fostering sustainable practices

Dubai South: Final phase of South Bay project sells out in 4 hours

Dubai South: Final phase of South Bay project sells out in 4 hours

Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions

Drake-Scull-construction

Drake & Scull completes restructuring milestones, eyes future projects

The restructuring has allowed the contractor to write off over Dhs4bn in debt

In numbers: Saudi Arabia poised for EV boom, reveals survey

In numbers: Saudi Arabia poised for EV boom, reveals survey

Saudi Arabia has significant growth potential for battery-electric vehicles, with 71 per cent of consumers “very” or “moderately” likely to purchase a BEV this year, the AlixPartners study showed

George C0allas the CEO of Lifesize Plans Dubai talks about pre-construction technology and its advantages

How pre-construction tech is transforming the property sector

Building information modelling minimises waste, controls costs, coordinates workflows and optimises labour needs for future construction

Nakheel awards contracts for Palm Jebel Ali infrastructure works

Nakheel awards contracts for Palm Jebel Ali infrastructure works

Palm Jebel Ali will serve as a significant residential and leisure anchor for the new Expo 2020 urban centre

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

As part of the plan, Tecom will invest Dhs966m to acquire commercial and industrial assets from Dubai Holding Asset Management

Jaumur by Neom

Introducing Jaumur, Neom’s new luxury coastal haven

Jaumur is an exclusive residential community that aims to accommodate 6,000 residents

Aldar issues second green sukuk image Aldar

Aldar issues second $500m green sukuk

The 10-year issuance marks Aldar’s second green sukuk, following its inaugural $500m sukuk issued in May last year

Wajdi Marroun Md of Versatile International on Transforming supply chain challenges to deliver destination-scale projects

Navigating supply chain issues to deliver giga projects

Successful destination-scale project delivery hinges on a radical shift from traditional supply chain management to an integrated model emphasising transparency, quality control, and strategic partnerships

Biggest water park in the Middle East to open in Qiddiya next year

Aquarabia, in Qiddiya City, will feature 22 rides and the developers aim to break four world-records, including constructing the world’s tallest water coaster

ADQ acquires key stake in Australia's Plenary Group

Abu Dhabi’s ADQ acquires key stake in Australia’s Plenary Group

Set up in 2004, Plenary has a portfolio of 21 assets under management valued at over $25bn across Australia and the Middle East