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Sharjah Cricket Stadium launches major upgrades ahead of IPL 2021
Improvements to wicket block, practice facilities, training areas and VIP suites in the works. Sharjah Cricket Stadium has announced a series of...
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ACWA Power announces financial close for 1500MW Sudair solar plant
Plant will help KSA achieve the goals of Vision 2030, ACWA Power says. ACWA Power, the developer, investor and operator of power...
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Union Properties announces $8.82m profit for H1 2021
Dubai-based developer posted a loss of $43.2m for the same period in 2020. Union Properties, the Dubai-based real estate developer listed on...
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Oman sets up national hydrogen alliance for clean energy
Initially comprising 13 institutions, ‘Hy-Fly’ alliance to develop clean hydrogen for domestic fuel needs and export . Oman has established a national...
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Arkan shareholders approve strategic merger with Emirates Steel
Transaction will create a listed national champion in the building materials and construction sector. Arkan Building Materials Company (Arkan), the UAE-based has...
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AMANA Group launches modular wellness and health company DuPod
DuPod offers a multitude of intelligent modular solutions for developers, architects, and contractors across key markets in the region. AMANA, regional design-build...
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KBR announces $400mn cash deal for acquisition of Babcock subsidiary Frazer-Nash
Transaction expected to close by third or fourth quarter of 2021. KBR, the US-based engineering, procurement and construction company, has announced that...
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$3.4bn worth of infrastructure and development projects announced in KSA’s Tabuk region
Projects include initiatives related to housing, transportation, environment and agriculture. Saudi Arabia has announced several infrastructure and development projects worth more than...
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SEWA completes 50% of clean water transfer pipeline
Project will enhance the efficiency of the network and serve the areas from Al Rahmaniya to Al Azra. The Sharjah Electricity and...
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Marjan launches world’s largest Hampton by Hilton hotel on Al Marjan Island
$122.5m flagship megadevelopment offers 515 rooms along a 750-metre beachfront . Marjan, the master-developer of freehold properties in Ras Al Khaimah, has...