Friday 26 April 2024
 
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Al Yamamah starts production at expanded Jeddah pipes factory

Saudi-based Al Yamamah Steel Industries Company has announced that it has begun commercial production at its newly-expanded pipe factory in Jeddah. This comes following the completion of the first phase of the expansion plan for the factory.   A leading player i

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WSP Middle East launches new real estate advisory unit

WSP Middle East, one of the world’s leading professional services firms providing strategic advisory, engineering and design services, has announced the launch of its real estate advisory services unit in the region.    This strategic move speaks dire

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Al Wasl joins Empower's 3,900RT cooling capacity portfolio

Emirates Central Cooling Systems Corporation (Empower) has announced the commencement of connecting Al Wasl skyscraper to the company’s district cooling network.    According to Empower, the entire connection be completed in two phases. Work on the fi

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Emaar Properties sales jump 60%; $1.2bn dividend approved

Emaar Properties Annual General Meeting (AGM), held in Dubai on Monday approved the Board of Directors' proposal for a notable dividend of 50 fils per share amounting to AED4.4 billion ($1.2 billion) for 2023.   This dividend underscores the company's ro

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WEF offers solutions for cities to cut carbon emissions in construction

A report released by the World Economic Forum’s (WEF’s) Centre for Urban Transformation has featured best practices developed by pioneer cities that are reducing carbon emissions from urban development projects, a news agency said. As cities grow in population and importanc

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UAE, Iraq, Türkiye, Qatar sign $17bn road development project

The UAE, Iraq, Qatar and Türkiye, have signed an agreement for a strategic road project that is designed to bolster economic growth and promote regional and international cooperation by fostering economic integration, a report said. The quadrilateral Memorandum of Understanding fo

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Partanna, SRMCC produce GCC's first carbon-negative concrete blocks

In a first for the Saudi construction industry, leading materials science company Partanna Global has joined forces with Saudi Readymix Concrete Company (SRMCC) on the successful production of carbon-negative concrete blocks in the Gulf.    The technology w

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Diriyah unveils first mixed-use commercial office project

  Saudi-based Diriyah Company has announced the launch of its first mixed-use commercial office and retail project - Zallal - within the Bujairi District.    Construction is now well underway and, when completed, it will includ

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Mitsubishi seals major Kuwait power station contract

Mitsubishi Power, a key brand of Japanese group Mitsubishi Heavy Industries (MHI), has announced that its consortium with Korea's Heavy Engineering Industries and Shipbuilding Company (Heisco) has clinched a landmark contract from the Kuwait Ministry of Electricity & Water &

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Swiss developer DHG's debut Jumeirah project set for 2026 handover

UAE-based Aroma International Building Contracting has announced that it has completed 10% of the work on Helvetia Residences, the inaugural project of renowned Swiss developer DHG Properties in Jumeirah Village Circle (JVC), under a AED250 million ($68 million) deal.  

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