Dubai has announced the successful completion of the first eVTOL air taxi station, in a strategic leap in the emirate’s journey towards urban mobility future. A four-storey building, it features a two-level car park, two air taxi take-off and landing pads as well as key facilities for 170,000 passengers annually.
ORA Developers is boosting its UAE presence with the acquisition of an additional 4.8 million sqm of land from Modon Holding in Ghantoot, an area located between Dubai and Abu Dhabi. This land buy will take its footprint to 9.6 million sq m with a total AED30 billion ($8 billion) in project investment.
Dubai’s Roads and Transport Authority (RTA) has completed a 13km road connections project across 18 residential areas, adding paved access roads, traffic enhancements, roadside parking, pavements, and street lighting.
Saudi-based Ladun Investment Company has announced that it has signed an agreement with Asbar Capital Company for the implementation of a mixed-use real estate development project on a land owned by one of its key funds, located in Riyadh.
Saudi-listed Al Yamamah Steel Industries Co. has signed a contract worth SAR126 million ($33.6 million) to supply steel wind towers for the Yanbu Wind Farm, marking a significant addition to its renewable energy portfolio.
KEO, a leading multidisciplinary consulting firm, and Margulies Hoelzli Architecture (MHA), a leader in data center and mission-critical design, have entered into a strategic partnership to deliver end-to-end data center solutions for developers and investors across the GCC and Europe.
ORA Developers is expanding its UAE presence through the acquisition of an additional 4.8 million sq m of land from Modon Holding in Ghantoot, increasing its UAE land bank to 9.6 million sq m.
Saudi-based Al Yamamah Steel Industries has announced that it has been awarded a key contract by the Sepco III Electric Power Construction to deliver steel wind towers for its Yanbu Wind farm. The entire contract work will be completed within the next nine months.
Danway, a leading engineering firm in Saudi Arabia has signed a contract with National Grid, a key subsidiary of Saudi Energy, for the construction of a new 110/13.8kV substation in Madinah. The entire project work will be completed within a period of 23 months.
UAE developer Object 1 has announced the official launch of its inaugural residential project in Abu Dhabi - A1LA Residence - featuring 171 apartments, including one- to three-bedroom units as well as a limited collection of two- and three-bedroom duplexes across 17 residential floors.
