Diriyah unveils 20,000-seat arena within giga Saudi projectDiriyah Company, the developer of a giga Saudi project coming up on the outskirts of Riyadh, has unveiled the designs for its new development - The Arena - at the ongoing MIPIM real estate expo in Cannes, France. A revolutionary 20,000-seat multipurpose venue More… |
Trimble unveils software for constructible BIM, structural engineeringTrimble, a construction technology leader, has announced the introduction of the 2024 versions of its Tekla software for constructible Building Information Modelling (BIM), structural engineering and steel fabrication management. The 2024 Tekla versions More… |
India’s Ion Exchange seals Maaden water plant contractIon Exchange (India), a leader in water and environment management solutions, said it has secured a contract worth Rs120 crore ($14.5 million) from Saudi mining company Maaden for setting up of a water treatment plant in the kingdom. The project, which a More… |
U By Emaar expands to Address Jabal Omar MakkahU By Emaar, a renowned loyalty programme, is now expanding internationally to Makkah, Saudi Arabia, at the luxurious Address Jabal Omar Makkah. This move marks a key development for U By Emaar, extending its exceptional benefits and experiences to a wide More… |
Majid Al Futtaim revenue hits $9.39bn; net profit $735mMajid Al Futtaim, a leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, on Thursday announced a consolidated revenue increase of 1% to AED34.5 billion ($9.39 billion) in 2023, while EBITDA increased by 12% to AED4.6 billion. More… |
Naseej buys strategic stake in Al Areen developmentNaseej, a leading real estate developer in Bahrain, has announced the closing of a strategic deal, under which it will acquire a 20% stake in the Land of Paradise Waterpark project as well as 17% in the Al Areen Park Hotel located within the Al Areen development in the kingdom. & More… |
RTA completes construction of vital Dubai internal roadsDubai’s Roads and Transport Authority (RTA) has completed construction works on the internal roads at Margham, Lehbab, Al Lesaili, and Hatta regions spanning 35 km as well as its streetlighting project. This comes close on the heels of RTA's recent c More… |
Maggioni named Raimondi Cranes Group CEORaimondi Cranes, a heritage manufacturer of intelligently-designed scalable heavy lifting solutions, has announced the appointment of Luigi Maggioni as its new Group Chief Executive Officer. An industry veteran with 16 years of experience in European man More… |
Worley lands Aramco general engineering services contractWorley, a leading engineering group which provides project delivery services to the energy sector, has been awarded a general engineering services plus (GES+) contract by Saudi oil giant Aramco for another five years. The contract, which has a potential for an More… |
Cristal Group launches new property management armHospitality developer and operator Cristal Group has announced the launch of Cristal Collection - a property management arm which will give independent hotels and resorts the opportunity to become part of a major collective, founded on years of industry expertise. &nb More… |