Spanish infrastructure major Acciona has successfully developed and deployed a new innovative digital transport solutions (DTS) platform in Qatar, marking a significant milestone in the facility management sector in the Middle East.
The sixth edition of the PPP Mena Forum returns to Dubai next month as governments across the Middle East and North Africa accelerate infrastructure and public service projects, increasing demand for public-private partnership models to fund, structure and operate large-scale developments, said its organisers.
Saudi-based Sumou Real Estate Company has signed an agreement with Diyar Real Estate Development Company to develop and execute infrastructure works on a project located in the North Obhur neighborhood in Jeddah city.
The King Abdullah Financial District Development and Management Company and Samsung have signed a deal to explore areas for collaboration on the development and implementation of integrated smart city technologies within the Financial District in Riyadh.
US-based VAST Data, the AI Operating System company, and Abu Dhabi AI infrastructure and cloud company Hyperfusion have announced plans to integrate the VAST AI Operating System into Hyperfusion’s Sentinel modular AI infrastructure as its preferred data platform.
Spanish infrastructure major Acciona has secured two operation and maintenance (O&M) contracts in Lusail that covers essential infrastructure supporting one of Qatar's leading smart cities, including road tunnels, underpasses, bridges and underground utility systems.
Global construction activity is forecast to rise more than 70% by 2050, reaching $16.6 trillion, mainly driven by five megatrends: population growth and urbanisation; infrastructure and housing deficits; climate adaptation; sovereignty and strategic resilience; and high-tech infrastructure, said a report.
stc Bahrain, a digital enabler in the kingdom, has partnered with the National Bank of Bahrain (NBB) Group to support the enhancement of its data centre infrastructure as part of the second phase of the banking group's data centre transformation programme.
Two of the major events in the Saudi construction sector - the 36th edition of Saudi Build and the 27th edition of Saudi Elenex - originally scheduled to be held from November 2 to 5 in the capital Riyadh have been postponed to next year due to the ongoing Middle East tensions.
Bahraini authorities said steady progress was being made on the new agricultural project in Buri with nearly 87% of the infrastructure works completed. With the irrigation networks, water wells and two main substations ready, the project is set for completion by the year-end.
