Leading UAE developer Aldar has announced the launch of Canopies, the first residential community at Yas Point, a AED6 billion ($1.6 billion) waterfront destination on Yas Island's northern shore. It comprises 592 apartments across six mid-rise buildings, offering studios and one- to three-bedroom units.
UAE-based Alyakka Developers has begun handing over the units at Waha Living, its inaugural freehold residential development in Jumeirah Garden City in Dubai, featuring 71 residences with a mix of studios, one- and two-bedroom apartments along with private balconies.
Leading Chinese group Shanxi Installation Company has secured a contract worth RMB1.5 billion ($222 million) to provide engineering, procurement and construction (EPC) services for the 500MW Al Kamil I Solar Independent Power Project (IPP) in Oman.
Steady progress is being made on the Prince Mohammed Bin Salman Stadium, an architectural and engineering marvel coming up within Qiddiya City, the mega Saudi entertainment, culture and sports project located near Riyadh. With early foundation works under way, the stadium is expected to be completed in 2029.
The National Fire Protection Association (NFPA) announced on Thursday that Romnish Kapoor has joined NFPA as Regional Sales Manager for the Middle East North Africa (MENA) region, strengthening the organisation’s growing presence across the region.
Saudi Arabia's Safari Group has clinched a major contract from Matarat Holding to expand Hail Airport under the Airports Cluster II programme. On completion, the airport will have spacious departures and arrivals areas as well as a new 5,600-sq-m southern extension to the existing terminal.
Nama Power and Water Procurement has announced that it has signed a new power purchase agreement with Petroleum Development Oman, under which 200MW of generation capacity will be made available to support the national electricity grid for a period of five years.
Saudi Arabia's Al Moammar Information Systems Company (MIS) has signed a memorandum of understanding (MoU) with Saudi Fransi Capital, acting on behalf of Saudi Data Center Fund 1, to study the development of three additional data centres across Saudi Arabia.
SURJ Sports Investment, a Saudi PIF company, together with Live Nation and Oak View Group (OVG), has announced the launch of radia, a joint venture to support the growth of the kingdom’s sports infrastructure - including venue management, operations, activations and commercialisation.
Roshn Group has unveiled the first curated collection of villas within its Sedra community in Riyadh, with show villas introducing new and exclusive designs. These are available in four- and five-bedroom configurations, catering to the needs of a wide range of families.
