Saudi Logistics Services Company Ltd, a subsidiary of Saudi Manpower Solutions Company, has signed a contract worth approximately $21.5 million (SAR80.7 million) with Saudi Arabia's Ministry of Human Resources and Social Development to provide and operate shelters for domestic workers.
Saudi-based Retal Urban Development Company has announced that it had signed conditional agreements with Roshn, a leading multi-asset class developer powered by PIF, for the development of 163 residential units within its AlManar community in Makkah city.
Leading Saudi real estate company Al Tahaluf has announced that it has been rebranded as HOV Global CJSC following an increase in majority ownership by K. Hovnanian ME Investments, a subsidiary of Hovnanian Enterprises, one of the largest homebuilders in the US.
Dubai's Roads and Transport Authority (RTA), in collaboration with Keolis MHI, the operator and maintainer of Dubai Metro and Dubai Tram, has announced the completion of the comprehensive overhaul programme for walkways and escalators.
Oman National Investments Development Company (Tanmia) has joined forces with FIM Partners Muscat to set up a new RO96 million ($249 million) fund - Oman Real Estate Development Fund - that will focus on investment opportunities related to real estate projects across the sultanate.
Dubai International Financial Centre (DIFC) has awarded the main construction contract for DIFC Heights Tower, an AED3 billion ($816.88 million) gross development value mixed-use project located within Gate District, to Al Basti & Muktha (ABM).
Dubai on Thursday launched the Dubai Digital Twin Platform, which represents a new strategic milestone in the emirate's digital transformation journey.
The Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, has completed its acquisition of Heavy Construction Systems Specialists (HCSS) from Thoma Bravo.
Dubai-based Grovy Developers has joined hands with USquare Luxe Properties to unveil the first look of its show apartment for Ramada Residences by Wyndham at Dubai Islands. The project comprises a collection of one- to three-bedroom apartments along with four-bedroom penthouses.
Italian construction giant Webuild has announced that operations have begun at a new water treatment facility built by one of its subsidiaries for oil giant Aramco’s offshore Zuluf oilfield in eastern Saudi Arabia. At full capacity, the new plant will be able to treat 185,000 cu m of water per day.
