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DP World sees Egyptian logistics park project on trackDP World has announced that it has reached a major milestone in the development of the Sokhna Logistics Park in Egypt, with 65% of the first phase now already completed. Spanning 300,000 sqm, the facility is designed to provide cost-effective, integrated More… |
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Kleindienst unveils 9 luxury party suites at voco Monaco DubaiKleindienst Group, a leading global business conglomerate and master developer behind The Heart of Europe on Dubai’s World Islands, has unveiled plans to launch the Party Suites at voco Monaco Dubai. Located on the ground floor of voco Monaco Dubai More… |
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Dewa posts record $8.43bn revenue for 2024Dubai Electricity and Water Authority (Dewa), the Emirate of Dubai’s exclusive electricity and water services provider, reported a full year 2024 revenue of AED30.98 billion ($8.43 billion), a 6.18% increase on 2023 revenue. Dewa posted an EBITDA of AED1 More… |
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Dubai RTA unveils plans to introduce RailBus systemDubai plans to introduce a RailBus system in the city, featuring an innovative design, autonomous driving capabilities, and environmentally friendly operations. RailBus, a sustainable future mass transit system powered by solar energy, is designed to redefine More… |
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Saint-Gobain acquires construction chemicals group FosrocSaint-Gobain, a leading designer, manufacturer and distributor of materials and solutions for the construction and industrial markets, has announced that it has completed the acquisition of Fosroc, a leading global construction chemicals player with a strong geographic footprint in India, the More… |
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Qiddiya picks Deloitte to implement guest management systemQiddiya Investment Company (QIC), the master developer of Qiddiya City - Saudi Arabia’s future capital of entertainment, sports, and culture - has announced a strategic partnership with Deloitte to implement a cutting-edge Dynamic Guest Management System that will revolutionise guest ex More… |
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Saudi PIF to develop new automotive cluster in KAECSaudi Arabia's sovereign wealth fund PIF has announced plans to develop an exclusive cluster for automotive manufacturing activities within the King Abdullah Economic City (KAEC). The new King Salman Automotive Cluster will be a major centre for the More… |
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NEOM joins hands with DataVolt to launch $5bn net-zero AI projectNEOM, the sustainable region taking shape in northwest Saudi Arabia, and DataVolt, a Saudi-based international developer, investor and operator of data centres, today (February 10) signed a landmark agreement, marking a significant step toward realising the kingdom’s vision for a sustai More… |
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Sharjah’s residential, industrial sectors post solid growth in 2024Sharjah’s real estate market continued to demonstrate remarkable growth in 2024, with both the residential and industrial sectors reaching new milestones. According to the Sharjah Real Estate Registration Department, the market saw a 48% increase i More… |
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Work on 1,050-unit Dubai villa development on trackMohammed bin Rashid Housing Establishment (MRHE) has announced steady progress being made on the Al Khawaneej Villas complex within Al Khawaneej 2 development in Dubai. The Al Khawaneej Villas complex features 1,050 residences with a range of housing options t More… |