Armah Sports Company has announced that it has signed a contract with Emaar Al Waseel Al Mutamayyizah Company, a subsidiary of Banan Real Estate Company, to develop and operate a sports club in Riyadh. The facility will include full-service fitness amenities as well as technology-enabled services.
Boston Consulting Group (BCG) has announced the expansion of its Riyadh office, adding space and headcount to serve growing client demand across Saudi Arabia.
Mediclinic Middle East, one of the leading private healthcare providers in the UAE, has announced plans to invest AED420 million ($114 million) in the expansion of its Parkview Hospital in Dubai. The expansion work will begin shortly and is due for completion next year.
Skyro, a digital-first consumer finance platform based in Bahrain, is expanding into Saudi Arabia and has appointed former Mastercard executive Maria Medvedeva as the regional managing director. In this role, she will oversee Skyro's market entry in Saudi Arabia and its broader expansion across the region.
Mohammed Bin Rashid Aerospace Hub (MBRAH) at Dubai South has announced that UUDS Aero, a key aircraft maintenance company, has expanded its presence within the hub, growing its footprint to over 180,000 sqm across multiple facilities since establishing its first operation at the aerospace platform in 2022.
Saudi-listed ASG Plastic Factory Company has announced that construction of its fourth expansion project at Sudair Industrial and Business City is expected to begin by the end of the third quarter, with commercial production targeted for the first quarter of 2028.
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.
The UAE's construction sector is moving beyond rapid expansion, with developers increasingly focused on project execution, sustainability and regulatory compliance, as construction output is forecast to reach $130.8 billion within the next three years, according to a report.
Oman has begun implementing RO105 million ($273 million) road projects in North A'Sharqiyah Governorate as it expands the country's transport infrastructure under its Vision 2040 strategy. These include building of new roads, expansion of existing network and the dualisation of key highways.
Dubai Aviation Engineering Projects (DAEP) has selected a consortium of India's Larsen & Toubro (L&T) and Japan's Mitsubishi Corporation to deliver the automated people-mover (APM) system for the $35 billion expansion of Al Maktoum International Airport, said a report.