Steady progress is being made on the Muharraq Development Project with the Phase I work, which includes the construction and restoration of 300 housing units across six neighbourhoods as well as road and infrastructure development works, entering fast track, said a report.
Leading Indian real estate developer Casagrand has appointed Jaseera Building Contracting for its inaugural development in the UAE - Casagrand Hermina - located at Dubai Islands. With foundation works now complete, the project is on track for handover in Q2 2028.
Azizi Developments is gearing up for the biggest sales event linked to its AED30 billion ($8.2 billion) master-planned community in Sharjah - Azizi Florence - featuring more than 10,000 residences, including over 7,200 villas and townhouses and more than 3,000 apartments.
BENEFIT, Bahrain’s leading provider of fintech services, has announced that National Bank of Bahrain (NBB) has become the anchor banking partner in its Trade Finance Registry project. The initiative aims to de-risk trade finance in collaboration with Singapore-based MonetaGo and Bahrain FinTech Bay.
Omani authorities have announced the launch of a tender for the construction of a 30.8-km-long road network within the Special Economic Zone at Duqm (Sezad). The project covers several residential areas and the light and medium industries zone across seven sub-plans.
Dubai’s Roads and Transport Authority (RTA) has announced that steady progress is being made on its Oud Maitha Road and Al Asayel Street Development Project with 60% work already completed. The scope of work includes development of four major intersections, featuring bridges and 14-km-long roads.
Parsons Corporation has secured the infrastructure lead design consultancy contract from Saudi PIF-owned New Murabba Development Company for its mega project in the kingdom. The scope of work includes provision of design and construction technical support for New Murabba project.
