Engineer Hamzeh Awwad, CEO of AJi Group, shares how the firm is reshaping the Gulf’s infrastructure landscape through innovation, sustainability, and smart design
Once completed, the venue is expected to host over 200 performances annually, spanning theatre, music, digital art, and international productions
The IPO, priced at Dhs1.40 per share, valued ALEC at Dhs7bn ($1.91bn) and attracted around Dhs30bn ($8.1bn) in orders, more than 21 times oversubscribed
The project signed with Mira Developments will include one of the region’s largest shopping malls, a business complex, hotels, world-class golf courses and educational institutions
Shares are expected to begin trading on the Dubai Financial Market (DFM) on or around October 15 under the symbol “ALEC”
The project builds on the developer’s philosophy of human-centered design, creating homes that promote wellness, community and long-term value
Since its IPO in March, the company has rewarded shareholders with over $300m through dividends and share buybacks, with total dividends increasing 20.7 per cent year-on-year to $51.8m
Key traffic diversions have been introduced in the Mirdif area to facilitate construction, prompting authorities to urge residents to plan ahead
Deputy managing director Charl Broummana on the company’s turnkey approach, commitment to quality, and plans to expand
Dubai Islands spans five islands over 17 square kilometres, offering 20 kilometres of beaches and a mix of resorts, cultural venues, and open spaces
Arada’s developments in Sharjah reflect its aim to create integrated communities that promote active living and meaningful connections, says group CEO Ahmed Alkhoshaibi
The Saudi Exchange granted conditional approval on December 8, 2024, for the listing of Umm Al Qura’s shares on Tadawul’s Main Market
The first of Red Sea Residences’ developments is located on Shura Island at The Red Sea destination, with properties set to be ready for handover by the end of 2025
These developments aim to enhance both capacity and efficiency on this critical road in Dubai
The executive director of Sustainable Development at Masdar City gives us insights into its groundbreaking green building certifications, such as LEED Platinum, its recent white paper and focus on decarbonisation
By championing sustainable, low-carbon solutions, the UK is uniquely positioned to work in partnership with the GCC to achieve its ambitious infrastructure goals
The new Blue Line will be designed to carry 46,000 passengers per hour in both directions, with a train frequency of approximately every two minutes, serving an estimated 200,000 passengers daily by 2030
Imtiaz Developments marks a significant milestone with the early delivery of Westwood Grande in JVC, while pushing forward to complete four more projects by mid-2025
As the largest and most influential gathering of construction professionals in the region, Big 5 Global has been fostering collaboration to shape the future of sector, says dmg Events’ Josine Heijmans
Urban transformation begins with visionary, intelligent design, says the chief executive officer – Real Estate at BEEAH
The four-day event has drawn participants from over 50 countries, including the US, the UK, China, and Germany
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
We explore how Al Laith has sustained its leadership by adapting to the region’s evolving needs, leveraging technology and innovation, and prioritising sustainability across its operations
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
Once completed, the Jeddah Economic Company (JEC) tower will rise over 1,000 metres and feature 157 floors, making it the tallest structure globally.
The tap was priced at $102.54, yielding 7.35 per cent, a 15 basis points tightening from initial pricing thoughts
The 75-storey luxury residential tower on Dubai’s Palm Jumeirah is scheduled for completion in Q2 2028
AI predictive models can help analyse historical data on the start and end dates of previous projects in order to create realistic timelines for future projects
Scheduled for completion in Q2 2027, the Bvlgari Lighthouse will offer uninterrupted views of the Arabian Gulf and Dubai’s iconic skyline
Well-known Dubai-based developers share insights into key trends shaping the offerings of Dubai’s real estate sector