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Diyar Al Muharraq launches pilot to study 3D printing feasibilityDiyar Al Muharraq, Bahrain’s largest real estate developer, has signed a partnership agreement with China National Electric Engineering Company (CNEEC) to evaluate the feasibility of adopting 3D printing technology in the construction and development of real estate projects. More… |
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Engie Solutions secures FM contract for Uptown TowerEngie Solutions, a global leader in integrated facilities management (FM) services, has signed a three-year agreement with Dubai Multi Commodities Centre (DMCC) to provide comprehensive FM services for the prestigious Uptown Tower in Uptown Dubai. The 340-m Up More… |
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$182.6bn airport projects underway in GulfAs the Gulf airports prepare to welcome more passengers, 48 airport renovation, expansion, and new projects worth $182.6 billion are already underway in the region, according to a report. Two massive airport developments are taking place in Dubai and Saudi Arabia that will boast the ai More… |
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KBR wins global EPCM services deal from bpKBR, whic delivers science, technology and engineering solutions worldwide, has been awarded a global agreement by BP International Limited (bp) for engineering, procurement and construction management (EPCM) services. Under the terms of the contract, KB More… |
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Azizi partners with Italy's SCM for woodworking machineryThe Azizi group of companies has partnered with SCM, a leading Italian brand known for its innovative woodworking solutions. The collaboration has been facilitated through Italco, UAE. As part of the agreement, SCM will s More… |
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View United Real Estate awards $43.69m deal for towerSaudi Arabia's View United Real Estate Development Company has signed a SAR164-million ($43.69 million) contract to develop a residential tower in Al-Nakheel district, King Fahd Road in Riyadh. The SAR164-million contract was signed with Shams Holding Comp More… |
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Engie expands Red Sea wind energy farm in EgyptEngie has announced the expansion of its flagship wind farm project in Ras Ghareb, Egypt, the largest in Africa, being developed in collaboration with Orascom Construction, Toyota Tsusho Corporation, and Eurus Energy Holdings Corporation, within the Red Sea Wind Energy consortium. More… |
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Aldar raises $2.45bn via sustainability-linked credit facilityAldar Properties has closed an AED9 billion ($2.45 billion) sustainability-linked syndicated senior unsecured committed multi-tranche revolving credit facility (RCF). The facility represents the largest sustainability-linked, syndicated deal by a real es More… |
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Aldar closes $2.45bn sustainability-linked credit facilityAbu Dhabi real estate developer and asset manager Aldar Properties has closed an AED9 billion ($2.4 billion) sustainability-linked syndicated multi-tranche revolving credit facility (RCF). The five-year floating-rate senior unsecured committed RCF comes days a More… |
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Digital real estate platform Wasalt posts significant growthWasalt, an advanced digital real estate platform specialising in real estate services, has recorded a significant growth in usage, boasting more than 750,000 registered users, and 100,000 monthly leads. With an anticipated five-fold increase in revenue f More… |
