-
JIIC awards contract for first phase of villas on Jubail island development to Arabian Construction Company
The $1.36bn Jubail Island development will be an idyllic collection of villages located between Yas Island and Saadiyat Island, JIIC said ....
-
Damac Properties reports net loss despite rise in revenue
Company records booked sales of AED2.3bn for 2020 as total audited revenues touch AED 4.7bn, with AED 1,039m net loss blamed on...
-
Siemens Energy awarded joint contract for building of grid stabilisation stations in Sudan
Egyptian Electricity Transmission Company and the Sudanese Electricity Transmission Company award contract for first grid stabilisation of scale to be implemented in...
-
Al Atheer Real Estate announces 8,000 unit integrated residential development
Project is the Ministry of Municipal and Rural Affairs and Housing’s only project near the Jeddah Sea. Al Atheer Real Estate Development...
-
ALEC Energy announces 10.4MWp worth of new solar projects in Q1 2021
Eight new solar projects include thermal energy storage, innovative car parks and tailor rooftop solutions across the UAE. ALEC Energy, a related...
-
Switzerland achieves key construction milestone on Expo 2020 Dubai pavilion
Structural work on country pavilion has been completed, project team says. Switzerland has announced that a key construction milestone has been achieved...
-
Ellington Properties makes $82mn high-end villa deal with Al Hilal Homes for The Palm Jumeirah
The new luxury homes will join four beachfront villas by Ellington Properties on The Palm Jumeirah, which were sold for $20 million....
-
Dubai to establish one of the world’s largest waste-to-energy plants
DWMC secures project finance worth $900m from major institutional lenders. Dubai Waste Management (DWMC) has announced that it has secured project finance...
-
SWCC sets Guinness record for lowest energy consumption in water desalination
Saudi utility recognised for consuming only 2.27kW/h for every cubic metre of desalinated water produced . The Saudi Water Conversion Corporation (SWCC)...
-
First villa in phase two of Deerat Al Oyoun handed over
Over 3,000 villas are said to make up phase one and two of Deerat Al Oyoun, says Al Salam bank. The first...