Al Hilal Bank, a progressive Islamic bank, held a groundbreaking ceremony for its flagship commercial development located at the heart of the Sowwah Island mixed-use development in Abu Dhabi.
The 120 metre-high tower will offer exceptional
Baniyas Investment and Development Company (BID) has won a contract from Endless Real Estate Investment Company to develop a Dh170 million ($46.2 million) residential and commercial tower in Sowwah Island, Abu Dhabi’s new business district.
Abu Dhabi-based Mubadala Real Estate & Hospitality (MREH) said it has entered into a joint venture with Gulf Related, a regional real estate development company, to set up signature retail destination on Sowwah Island in the UAE capital.
The head of Farglory Group, a land development and construction company based in Taiwan, visited the site of its new investment, Sowwah Island, a 114-hectare island located in Abu Dhabi.
Teng-Hsiung Chao was accompanied by Peter Wilding, e
Al Hilal Bank, a UAE-government owned Islamic bank, has appointed John Buck International (JBI), a leading real estate services company, to coordinate and manage the development of a 24-storey commercial tower for Al Hilal.
Oger Abu Dhabi has won the EPC (engineering, procurement and construction) contract for building Sowwah Square, Mubadala’s commercial project on Sowwah Island.
The contract is for construction of over 570,000 square metres of office and re