CIR
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PIF to invest $266bn into Saudi Arabia’s economy over the next five years
PIF governor notes that the fund has become a major driver of the Kingdom’s Vision 2030 and achieved a number of successes...
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‘Stronger than ever’ Fenwick Elliott announces Qatar expansion
Internal appointments and move online follow major contract awards with 'top tier' Saudi Arabian contractors and clients in 2020. Construction and energy...
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Acwa Power announces $2.5bn worth of power projects in Uzbekistan
Uzbekistan, Acwa Power, and Air Products enter strategic framework agreement to enable research programmes in the fields of renewable energy and hydrogen...
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Winning developer/consortium will get to own a 60% stake in the Ras Al Khair company
Winning developer/consortium will get to own a 60% stake in the Ras Al Khair company. Request for proposals (RFP) have been issued...
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Development in Bahrain: Where next for the kingdom?
Crippling debt and poor public finances make 2021 a challenging year for the nation’s construction sector. How times change. Two decades ago,...
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$270mn company set up to develop Holy Sites at Makkah and Madinah
Kidana will have an authorised capital of $270m and is a key step in RCMC’s strategy to develop and maintain the holy...
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New ‘French Design Corner Middle East’ provides virtual design showcase
Online platform aimed at architects and interior design professionals to bring regional and French partners together for creative designs . A new...
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Emaar EC sets up $479mn fund for Rixos Emerald Shores in KSA
Fund will be responsible for the development and operation of five-star resort in King Abdullah Economic City. The Saudi-based Emaar, the Economic...
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JLL shares 2021 property trend insights for the Middle East
Adaptable spaces, flexible leases, tech adoption and sustainability to drive the regional property market in 2021. JLL has shared insights on the...
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How Dubai is topping the GCC’s LEED rankings
With a global reputation for innovative development, it’s fitting that Dubai races ahead when it comes to Sustainable and Green construction ....