Majid Al Futtaim, a leading developer in the Middle East, has awarded an AED2 billion ($544.56 million) contract to Engineering Contracting Company (ECC) as the main contractor for Capria East and Capria West, including Maravelle Residences, at Ghaf Woods, Dubai’s first forest living community.
ALEC Holdings, a leading diversified engineering and construction group operating in the UAE and KSA, has signed a memorandum of understanding (MoU) with Al Noor Training Centre for People of Determination, under which it will sponsor a classroom of 10 students of determination for one academic year.
Hellmann Worldwide Logistics and INDU Group have broken ground on a new automotive logistics hub in Jebel Ali Free Zone (Jafza), reinforcing the free zone’s role as a key gateway for regional and global trade.
The UAE real estate market is projected to reach nearly AED3 trillion ($812 billion) by 2031, reflecting strong investor confidence and sustained demand across residential, commercial and mixed-use developments, a report said.
Middle East Specialized Cables Company (MESC) has announced that its wholly-owned subsidiary Middle East Specialized Cables (MESC-Ras Al Khaimah UAE) has received a contract from Cunado Middle East for Pipes and Valves in the United Arab Emirates.
The Saudi Public Transport Company (SAPTCO) has been awarded a three-year contract worth SAR241.47 million ($64.39 million) by the Al Madinah Region Development Authority.
GAS Arabian Services Co has signed a long-term agreement (LTA) with Saudi Aramco for the provision of various services, the company said in a filing at the Saudi Exchange.
Beltone Mortgage, a subsidiary of Beltone Holding, has signed a partnership agreement with Coldwell Banker Egypt, a leading real estate advisory and marketing firm, to provide flexible mortgage financing solutions for ready-to-move properties.
Middle East Energy returns to the Dubai World Trade Centre from September 1 to 3, marking its historic 50th year since it staged its inaugural event in 1976.
Strong demand for premium space continues to drive the Middle East office fit-out market despite short-term geopolitical uncertainty, says a new report by global programme management company Turner & Townsend.
