Emrill, a leading UAE-based total facilities management provider, has secured a four-year contract to deliver mechanical, electrical and plumbing, housekeeping, lifeguard and specialist services at Nikki Beach Resort & Spa Dubai, a five-star beachfront destination located on Pearl Jumeirah.
Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region.
Lenovo has signed an agreement with Saudi National Housing Company Innovation for potential collaboration backing the kingdom’s evolving residential and digital infrastructure landscape. The deal sets out a foundation to boost co-operation across advanced technologies such as AI and data science.
Roads and Transport Authority (RTA) has completed maintenance and rehabilitation works spanning 17 km of asphalt roads across nine streets and six areas in Dubai early this month. The works covered highways, freeways and internal roads in key industrial, commercial and residential areas.
Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.
Saudi-based Blacksand has announced a landmark agreement with Marriott International to develop 10 hotels in the kingdom over the next four years. Featuring over 1,300 rooms, it will be developed under a range of Marriott brands spanning the luxury, select-service and extended-stay segments.
UAE-based fäm Properties has announced that it has facilitated the sale of 40,000 sq ft of office space at Vision Tower in Business Bay for a record AED124 million ($33.8 million). It is the biggest commercial real estate deal of its kind recorded in Dubai.
Marjan Group, a key real estate developer in UAE, has announced that it has retained its EarthCheck Silver Certification for 2024, thus strengthening its role in shaping sustainable, future-ready destinations, through responsible development, environmental stewardship and long-term value creation across Ras Al Khaimah.
Palma Development has awarded the piling and shoring works contract for Phase II of its Serenia District, a AED5 billion ($1.36 billion) master-planned community in Jumeirah Islands. Also it has completed the foundation works at a signature tower located within the first phase of the key development.
MERED, a leading real estate developer, has achieved a major safety milestone by clocking 3 million safe man-hours without a lost time injury (LTI) at its ICONIC Residences Design by Pininfarina. The 66-storey tower continues to rise at an impressive pace, with it now reaching Level 31.
