Mered, an award-winning real estate developer, has unveiled its ‘bay villas’, a unique collection of five waterfront residences on Al Reem Island. Each villa is named after an iconic city along the French Riviera and draws its identity from the character of its namesake destination.
Magna AI, a global integrated-value-chain sovereign AI transformation leader, today announced a strategic collaboration with Emaar Executive Company (EEC), a Saudi-based company specialising in data centre construction, engineering, procurement and construction (EPC), systems integration, and infrastructure services.
The UAE ushered in a new era in its transportation history on Tuesday as the country's first national passenger rail service officially entered operation, with Etihad Rail carrying its first fare-paying passengers on the inaugural scheduled journey from Fujairah to Abu Dhabi.
DP World and Lintara Properties, the real estate development platform of Arcapita Group Holdings, have broken ground on a new 20,000 sq m build-to-suit logistics centre in Dubai's Jebel Ali Free Zone (Jafza).
UAE-based Luxe Developers has awarded a key fit-out contract to Interiors International Industries for its flagship Oceano development on Al Marjan Island in Ras Al Khaimah. On completion, Oceano will boast 225 ultra-luxury residences across two interconnected towers as well as 11 retail units.
Luxury brand Roberto Cavalli has signed an exclusive multi-year licensing agreement with RAK Ceramics, one of the world's leading ceramics lifestyle solution providers, for the development, manufacturing and distribution of Roberto Cavalli branded ceramic tiles, sanitaryware and faucets.
Turner & Townsend, the global programme manager, has reported strong growth across its core sectors and key markets in the Middle East with a 73% jump in its revenue last year. The company also significantly expanded its team, with headcount rising to over 22,000 in more than 60 countries.
Dubai Residential REIT, the GCC’s largest real estate investment trust, has announced the successful acquisition of 220 townhouses at Jebel Ali Village for AED894 million ($243 million) and their addition to its investment portfolio. The cluster comprises a mix of three- and four-bedroom units in a family-oriented community.
Al Mouj Muscat, Oman's flagship integrated tourism destination, has contributed $2.3 billion to the sultanate's GDP over the past two decades, said a study, adding that it had evolved from a pioneering waterfront development into one of the region's most mature integrated destinations.
Acciona has developed a prototype pavement made up of 14 precast slabs with novel cement-free concrete, thus replacing clinkers with industrial by-products used as a binder. This key initiative aligns with the growing demand from Middle East for sustainable construction solutions.
