Wednesday 21 October 2020

Red Sea International wins $35m Saudi Neom contracts

Red Sea International said it has been awarded contracts worth SR131 million ($35 million) for the design, build and facilities management of accommodation units, offices and all supporting building amenities within Saudi Arabia's futuristic $500-billion new city Neom. 


Majid Al Futtaim 'eyeing sale of district cooling unit'

Majid Al Futtaim, a leading mall developer and retail and leisure pioneer in the Middle East and Africa, is putting its district cooling unit up for sale, reported


McMenon opens manufacturing unit in Saudi Arabia

UK-based McMenon Engineering Services has launched the first British manufacturing facility of flow and temperature instrumentation in Saudi Arabia. The Cumbrian-based business, which has a 70-year engineering heritage, has formally opened the centre of excellence in Dammam to su


Raysut Cement buys key stake in LafargeHolcim Maldives unit

Oman-based Raysut Cement Company has acquired a 75 per cent stake in a cement terminal owned by LafargeHolcim at Thilafushi Island in Maldives.   Following the closing of the acquistion deal, Raysut said its new joint venture with State Trading Organization (STO


Diyar Al Muharraq signs scholarship agreement with AUBH

Diyar Al Muharraq, one of the largest real estate development companies in Bahrain, said it has signed a scholarship collaboration agreement with the American University of Bahrain (AUBH).    The first comprehensive, purpose-built, American-style co-educati


Al Zahia breaks ground on new Sharjah residential neighbourhood

Al Zahia, a joint venture between Majid Al Futtaim Properties and Sharjah Asset Management, has broken ground on Al Yasmeen, a highly sustainable neighbourhood that offers over 200 premium homes nestled within lush green surroundings.    With this launch, A


Top experts put spotlight on AI, BIM in construction sector

Construction experts and digital leaders will be taking part in a virtual event, Construction Technology Festival, on October 21, which will discuss new construction methods that have designed, built and operated projects better.   The event has two conference t


Monaco's Dubai Expo 2020 pavilion work enters fast-track

With one year to go before the Dubai Expo 2020 opening, the work on the country pavilion of Principality of Monaco is gathering pace with the external structure almost completed.   For the first World Exhibition being organised in the Middle East from October 1,


ICD Brookfield inks pre-let agreement with Dubai F&B group

ICD Brookfield has signed a pre-let agreement with one of Dubai’s leading food and beverage companies, Bull&Roo Hospitality Investments, for a 15,000-sq-ft dining and entertainment destination at its property, ICD Brookfield Place.    ICD Brookfie


Farnek unit unveils green FM packages for mosques

UAE-based Farnek said one of its units, Hitches & Glitches (H&G), a smart and green maintenance specialist, has launched a specialised sustainable cleaning, maintenance and repair package, especially for the UAE’s mosques.    The package also

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