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Alkhabeer Capital allocates key units of REIT fundAlkhabeer Capital, a prominent asset management company specialising in alternative investments, has announced the final allocation of the units of Alkhabeer REIT Fund, at the rate of minimum 50 units per subscriber. The remaining units will be allocated on a pro rata basis for e More… |
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Sadara, Veolia to build waste to energy facility in Saudi ArabiaSadara Chemical Company, a joint venture between state oil giant Saudi Aramco and The Dow Chemical Company, said it has signed an agreement with Veolia Middle East, a Paris-based group and world leader in resource management and recovery, for the construction and operation of a sustainable indu More… |
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Red Sea unveils masterplan for mega tourism projectThe Red Sea Development Company, a wholly-owned entity of Saudi Public Investment Fund (PIF) has unveiled the master plan of its mega luxury tourism project, which will see 22 islands being jointly developed as part of the project that is expected to create an estimated 70,000 jobs. More… |
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SNC-Lavalin names Mideast head of mining and metallurgySNC Lavalin, a leading infrastructure and project management company, has appointed Sohail Samdani as the senior vice president and general manager for the company’s mining and metallurgy sector in the Middle East region. An industry veteran, Samdani has about 20 years of i More… |
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Jumeirah opens its first luxury 'eco-conscious' resortJumeirah Group, a global luxury hospitality company and a member of Dubai Holding, has announced the opening of Jumeirah at Saadiyat Island Resort in Abu Dhabi, the group’s first luxury “eco-conscious” Resort. The resort overlooks 400-m of mesmerising sand More… |
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Dubai Hills Park ready to welcome first residentsDubai Hills Park, the emirate's new central oasis which celebrates community living with rich lifestyle choices, is set to welcome the first residents in early 2019. It boasts key amenities including a 2.5-km jogging park, skate park, café pavilion, the UAE&rsquo More… |
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Aurecon official wins 'Women in Construction' awardAurecon, a leading engineering and infrastructure advisory company, said its country manager for Abu Dhabi and client director for infrastructure in the Middle East region, Mina Al Jubori, has become the first winner of 'Women in Construction: Professional of the Year' award at this yea More… |
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Knight Frank advises ADNH in major Dubai hotel saleKnight Frank, a leading independent global property consultancy, was selected as a key advisor by Abu Dhabi National Hotels (ADNH) for the acquisition of five hotels from Emaar Hospitality Group in Dubai, UAE. The Hospitality & Leisure team at Knight Frank were involved throu More… |
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Arada awards construction deals for 800 Sharjah homesThe UAE's newest developer Arada has awarded three main construction contracts at its two record-breaking projects, Aljada and Nasma Residences, in the northern emirate of Sharjah. Together these contracts will involve the construction of almost 800 new homes, all of which ar More… |
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Dubai’s Meydan One on track for early 2020 launchLeading master-developer Meydan Group said 60 per cent of structural work has already been completed at its pioneering, next-generation lifestyle and retail destination, Meydan One, in Dubai and the project is on track for its launch in early 2020. Meydan One is Dubai’s lat More… |
