Ritchie Bros. an RB Global company and a leader in asset management and equipment disposition across Europe and Middle-East, is preparing for an expanded auction calendar with the arrival of spring, following a record-breaking first quarter.
The primary tunnelling works for the AED20.5 billion ($5.58 billion) Dubai Metro Blue Line project was launched on Sunday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Arabian Construction Company (ACC) has announced that work is underway on 500 luxury villas being developed by Eagle Hills as part of the landmark Ramhan Island development, situated off the coast of Abu Dhabi. Spanning over 4 million sq m, Ramhan Island is designed as a premier waterfront destination.
Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.
Hira Industries, a global manufacturer and supplier serving the construction sector since 1980, has expanded its operations at Ras Al Khaimah Economic Zone (Rakez) with the addition of a new factory and warehouse facility at Al Ghail Industrial Zone.
Dubai Municipality has invited bids from qualified and experienced contractors for a stormwater drainage upgrade project in Al Khawaneej area. The scope of work involves laying up of water pipelines with diameters of up to 1,600 mm.
NMDC Group, a global leader in engineering, procurement and construction (EPC) and marine dredging, has signed up as the Enablement Partner for the fifth edition of Make it in the Emirates, the UAE’s national platform for industrial growth and transformation, which kicks off on May 4.
Leading construction and engineering firm El Seif Engineering Contracting has become the first organisation in Saudi Arabia to achieve certification to BSI ISO 56001 Innovation Management Kitemark. This complements El Seif’s existing Building Information Modelling (BIM) and Smart Cities Kitemark.
DHG Properties, the Dubai-based developer and part of Swiss real estate and construction group DHG, has officially broken ground on Helvetia Verde, its second residential development in Dubai. Set for handover in Q1 2028, it features 108 residences with a mix of one-, two- and three-bedroom homes.
Emirates Stallions Group, a leading UAE conglomerate operating across construction and real estate sectors, has delivered double-digit growth across key financial indicators. Its revenue for the three-month period hit AED370 million ($100 million), while its net profit recorded a 29% growth.
