Wednesday 20 January 2021

Saudi Arabia issues over 3,000 residential plots in December

Saudi Arabia has issued a total of 3,181 new contracts for residential plots in December under its Sakani Housing programme.    These plots, measuring 450 to 527 sq m, are located in capital Riyadh, Makkah, Qassim, Asir, Jazan, Najran regions and the Easter


Emaar Economic City names new managing director

Saudi-based Emaar, The Economic City (Emaar EC) - the master developer of the kingdom's largest privately-funded new city, King Abdullah Economic City - has appointed Ahmed Yousef Boshnak as the company's new managing director.     A real estat


Ideal Standard unveils new 'superslim' shower tray

Ideal Standard, one of the world’s leading providers of public and private bathroom solutions for more than 100 years, has revealed the latest addition to its shower tray collection – Ultra Flat New.   Combining one of the slimmest, smoothest designs


Saudi cabinet hails launch of world-class future city The Line

The Saudi cabinet, chaired by King Salman bin Abdulaziz Al Saud, Prime Minister, today (January 13) welcomed the announcement by HRH Mohammed bin Salman, the Crown Prince regarding the launch of The Line city project citing it as an unprecedented example of developing a world-class future cit


Expo 2020 Dubai gets British Safety Council's top honour

Expo 2020 Dubai has been awarded the British Safety Council’s Sword of Honour, in recognition of the organisation’s dedication to ensuring the health, safety and well-being of its workforce. Expo 2020 was one of 66 organisations from across the globe to achieve the prestigious acc


Naseej, Ithmaar plan $105m residential project in Bahrain

Naseej, a leading real estate development company in Bahrain, has signed an agreement with Ithmaar Holding to develop a BD40 million ($105 million) residential project in the northern governorate area of Barbar.    The project, which will come up on a 150,0


Saudi Arabia halts financing plans for Riyadh airport expansion

Saudi Arabia has put on hold financing plans potentially worth billions of dollars for the expansion of Riyadh's airport, reported Reute


Al Habtoor launches 537-unit luxury residential tower for sale

Al Habtoor Group has launched the sale of its 73-storey Amna Tower, the third and last property in the group's Residence Collection. Located at the Dubai Water Canal banks, the premium development boasts 537 luxury units, including four ultra-luxury penthouses.


Arabtec hires global advisors for sale of Dubai engineering unit

Arabtec Holding, a top construction company in the Middle East region, said it has signed up corporate advisory firms deNovo and Lumina Capital Advisers for managing the proposed sale of its key subsidiaries Target and Arabtec Engineering Services (AES).  


Hill wins FM contract from Saudi Tatweer Building Company

Hill International, the global leader in managing construction risk, has announced that it has secured a key contract to provide facilities management (FM) consultancy services for the Tatweer Building Company (TBC), which represents the Saudi Ministry of Education. The contract

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