Thursday 25 April 2024
 
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Binghatti launches new 1,666-unit development in Dubai

Emirati developer Binghatti has announced plans to launch a new mega development in Dubai, comprising a total of 1,666 residential units and 21 retail spaces adjacent to Dubai Hills.     The landmark project, Binghatti Hills, is set to become the most

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Artech lighting up the Middle East with new Dubai office

Durham-based Artech Lighting has launched its new Dubai office, further supporting its activities within the region, creating a number of new jobs to serve its growing clientele.    The move marks a significant milestone for the company, solidifying Artech&

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Bobcat debuts electric telehandler concept at Intermat

Bobcat is showcasing its electric telehandler TL25.60e, alongside a host of other models, at Intermat 2024, which is being held at Paris-Nord Villepinte in France from April 24 to 27.   The company is using Intermat as a launchpad for the TL25.60e concept. Power

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Roshn launches landmark Aldanah project in Dhahran

Roshn Group, the PIF-owned giga project and Saudi Arabia’s leading real estate developer, on Wednesday launched Aldanah, its sixth integrated community, second in the Eastern Province and first in Dhahran.    Covering over 1.7 million sq m, Aldanah wi

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Amwaj Development makes Dubai debut with Meydan project

Amwaj Development, a new real estate developer in the UAE, marks its debut in Dubai’s booming real estate market with the launch of Starlight Park, a four-building family-centric community in the heart of Meydan’s District 11.      The comp

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Mammoet practices zero emission heavy lifting on site

Heavy lift specialist Mammoet is innovating with zero-emission lifting and transport on site to help its customers reduce their carbon footprint of projects.   “If you ask me what my main vision is, I want us to redefine the construction site - at least at

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Saudi, Qatar spearhead $45bn GCC project awards growth

Defying regional and global geopolitical challenges, GCC project awards increased by 20.3% in the first quarter to hit $45 billion compared to $37.4 billion last year, with regional heavyweights Saudi Arabia and Qatar spearheading the growth, according to Kamco Invest, a non-banking financial

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Al Mal Capital REIT completes $49m rights issue

Al Mal Capital REIT, the first REIT listed on DFM and managed by Al Mal Capital, a subsidiary of Dubai Investments, has announced the successful completion of its recent rights issue, generating AED180 million ($49 million) in fund raise.    This exercise h

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ADQ acquires 49pc stake in Plenary Group

ADQ, an Abu Dhabi-based investment and holding company, will acquire a 49% stake in Plenary Group, a leading independent investor, developer and manager of public-private infrastructure projects headquartered in Australia. The partnership aims at expediting the expansion of public and social

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Ara unveils $6bn Arabian Hills Estate in Abu Dhabi

ARA Real Estate Development, a Core Holding subsidiary, has unveiled the Arabian Hills Estate, a master-planned, gated community in Abu Dhabi, at an exclusive event held in Madinat Jumeirah, Dubai.   The company said it has assumed the full development and manag

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