Tag: contracts

Construction & Real Estate

Arada awards $555m contracts to build 14 apartment blocks in Aljada

Arada has awarded two contracts for the next set of 2,210 homes in Sharjah’s AED35 billion Aljada megaproject. Collectively valued at AED2.04 billion ($555.48 million), the deals cover main construction activities across 14 residential blocks....

Construction & Real Estate

Oman awards $483m infrastructure development project contracts

Oman has awarded contracts worth RO186.3 million ($483 million) for two key infrastructure development projects - the Muscat Expressway Expansion and the Ibra Road Dualisation. The scope of work includes construction of independent two-lane flyovers as well as key road expansion. ...

Construction & Real Estate

Saudi Arabia allows exemptions to Regional HQ rule for government contracts

In a major move, Saudi Arabia has allowed limited exemptions to its regional HQ rule, permitting government entities to sign contracts with international companies which do not have a base in the kingdom, said a report. This directive applies to all government agencies, funds and their affiliated bodies. ...

Construction & Real Estate

Aldar awards $18bn development contracts across UAE in 2025

Leading Abu Dhabi developer Aldar said it had awarded contracts worth AED66 billion ($18 billion) in 2025, covering a diverse portfolio of residential, commercial, infrastructure, and logistics projects, thus underscoring the continued pace of development across the UAE. ...

Construction & Real Estate

Parsons snaps up $100m Middle East contracts

Parsons Corporation, a key provider of solutions for global infrastructure markets, has announced that it has been awarded two contracts worth a combined total of over $100 million to perform programme management and design engineering for two Middle East government customers....