First Avenue for Real Estate Development has signed an agreement with SNB Capital, Dar Al Majed and Rekaz to set up an investment fund that will acquire and build educational facilities across Saudi Arabia. This comes as part of First Avenue's strategy to diversify its portfolio and income streams.
GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia.
UAE-based real estate developer Reportage Group has officially broken ground on its premium residential project, SENSI, on Saadiyat Island. The key Abu Dhabi development aims to offer a distinctive architectural identity rooted in elegance, intentionality, and emotional connection.
Alef Group has announced the official launch of its AED4 billion ($1.1 billion) residential development, Linar, in Al Mamzar, Sharjah. The group's flagship project offers a new coastal address featuring 2,620 apartments with a mix of one- to three-bedroom units along with a limited number of exclusive penthouses.
JNK India, a specialist in process-fired heaters, reformers and related thermal engineering solutions for the energy sector, has secured a key order from UAE-based CC7 Emirates Engineering Solutions for the TA'ZIZ Salt Project being developed for the Abu Dhabi National Oil Company.
Sharjah Ports, Customs and Free Zones Authority has announced the launch of Al Dhaid Logistics Complex, a key project aimed at boosting the country's supply chain efficiency. The first phase, which spans over 16 million sq ft, is designed to accommodate up to 1.5 million TEUs per annum.
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the terminal’s full operational launch later this year.
Dubai South has highlighted its latest residential and commercial developments and reaffirmed its growing role in Dubai's long-term urban expansion strategy during a strategic engagement with officials from Dubai Land Department (DLD).
Oman has signed 10 agreements and memoranda of understanding to establish new projects with an investment value of RO2.9 billion ($7.54 billion) in the Duqm Special Economic Zone, said an Oman News Agency post in X platform.
OHL Arabia, the Saudi subsidiary of OHLA, a global infrastructure group, and Hassan Allam Construction Saudi Limited Co, have jointly been awarded a contract by Saudi Arabia Railways (SAR) to execute the construction works for the Dammam 2nd Industrial City Railway Connection Project.
