UAE-based Samana Developers has launched its new real estate brand, Samana Collecta, thus marking its expansion into a lifestyle-led development. Built around a 'life first' philosophy, Samana Collecta is set to develop its debut venture, a AED4 billion ($1.08 billion) project, at The World Islands.
Steady progress is being made on the Muharraq Development Project with the Phase I work, which includes the construction and restoration of 300 housing units across six neighbourhoods as well as road and infrastructure development works, entering fast track, said a report.
Bahrain’s Eskan Bank has announced that it has received 19 bids from contractors for the second phase of construction of three community projects within the mega Madinat Salman development. The tender covers the development of a central market, a supermarket and a sports facility as part of the urban development project.
Oman Cables Industry has laid the foundation stone for a third manufacturing plant at Al Rusayl Industrial City as it seeks to expand production capacity to meet growing demand from the energy and infrastructure sectors across the sultanate, said a report.
Desert Technologies, a leading Saudi clean energy and smart infrastructure company, has signed an agreement with US energy storage technology company EnerVenue to explore the deployment of advanced energy storage solutions in the kingdom, including a 215 kilowatt-hour (kWh) energy storage pilot planned for the first quarter of 2027.
The Saudi Council of Engineers (SCE) and German technical services company TÜV Rheinland have signed an agreement to strengthen co-operation in engineering oversight, regulatory compliance, digital transformation and professional development.
Bahrain will next month host the fifth edition of Cityscape, the kingdom’s largest real estate event bringing together leading investors and those seeking distinctive real estate sector, on a single platform. It is being held under the theme "Secure your capital. Elevate your lifestyle. Anchor your future."
Msheireb Properties, Qatar’s leading sustainable real estate developer, and International Workplace Group (IWG), the global leader in hybrid-working solutions, have announced the official opening of Signature flexible office and co-working centre in Msheireb Downtown Doha, thus expanding IWG’s presence in Qatar.
Dubai master-developer Emaar Properties plans to invest more than $16 billion in real estate and tourism development projects in Syria, with investment decisions guided by economic feasibility, development potential and social responsibility amid ongoing economic and geopolitical challenges, said its top official.
Aamal Company, one of the largest, most diversified companies in Qatar, said its subsidiary, Advanced Pipes and Casts Company (APC), has signed an agreement with China Railway Tunnel Group to collaborate on upcoming tunnel segment projects and related supply chains in Qatar and the wider region.
