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Tag: infrastructure

Construction & Real Estate

KKR, Acwa Power ink Saudi strategic infrastructure financing deal

KKR, a leading global investment firm, has announced a strategic infrastructure financing transaction with Acwa Power, a global utility major. As part of the deal, KKR will serve as the anchor lender in a long-duration financing solution for the Rabigh 3 desalination facility in the Makkah region....

Construction & Real Estate

Tabreed, Sparklo join forces to boost UAE’s recycling infrastructure

Tabreed, a leading district cooling company, has announced a sustainability partnership with Sparklo, a UAE-based cleantech company building smart recycling infrastructure. The collaboration will see the installation of 16 reverse vending machines – called Sparklomats – across the UAE. ...

Construction & Real Estate

East Sitra Housing Project Phase Three 23pc completed

Bahrain authorities said that steady progress is being made on the East Sitra Social Housing Project with more than 20% work in the third phase completed. Infrastructure works stand at 29%, while 16% of the 1,269 housing units have been built. ...

Construction & Real Estate

Bahrain ministry signs pact with Project Management Institute

Bahrain's Works Ministry has signed an agreement with Project Management Institute (PMI) as part of efforts to implement its strategic plans aimed at developing national infrastructure and promoting innovation in line with the kingdom's Economic Vision 2030. ...

Construction & Real Estate

New Murabba seals agreement with US Green Building Council

New Murabba, a major developer powered by Saudi sovereign wealth fund PIF, has signed an agreement with the US Green Building Council to advance sustainable design and next-generation green building practices across Riyadh’s new downtown.​ ...

Construction & Real Estate

Buro Happold named lead design consultant for Expo 2030 Riyadh

Buro Happold has announced that it has been signed up as the lead design consultant for the detailed master plan of the mega Expo 2030 Riyadh as well as for the design of public realm, landscape, infrastructure and its utilities and the Expo legacy. ...

Construction & Real Estate

Strabag lands $118m Oman transport infrastructure project

Strabag has announced that it has secured a €102 million ($118 million) transport infrastructure project in Muscat, Oman. The scope of work involves widening of a major street, building of a flyover and underpasses as well as redesigning roundabouts into intersections. ...

Construction & Real Estate

Vertiv, Caterpillar seal key energy optimisation collaboration deal

Vertiv, a major player in critical digital infrastructure, and Caterpillar, a global leader in power systems, hacw announced the signing of a strategic undertaking to collaborate on advanced energy optimisation solutions for data centers. ...

Construction & Real Estate

Abu Dhabi Infrastructure Summit puts spotlight on $55bn projects

The UAE–Türkiye session of the international roadshow for the Abu Dhabi Infrastructure Summit (ADIS) here showcased over $55 billion worth of major Abu Dhabi projects, highlighting the emirate’s commitment to developing an integrated, sustainable and future-ready urban infrastructure. ...

Construction & Real Estate

RIQ, Masdar join forces to boost risk transfer for clean energy projects

RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of IHC, has signed an agreement with Abu Dhabi-based Masdar to design tailored capital efficient reinsurance solutions for renewable energy infrastructure....

Construction & Real Estate

Abu Dhabi Airports wins mandate to deliver UAE vertiport network

Abu Dhabi Airports has announced that it has been awarded the contract to spearhead the rollout of next-generation air taxi ecosystem across the emirate. The scope of work includes phased delivery of more than 10 public vertiports and building future-ready infrastructure. ...

Construction & Real Estate

Makkah completes 105-km ring road network in big infrastructure push

Saudi authorities have announced a major overhaul of Makkah city's road infrastructure under a series of integrated projects. It includes completion of the first, second, third and fourth ring roads, which now form an 105km interconnected network....

Construction & Real Estate

Sumou, Diyar Real Estate ink Jeddah infrastructure works deal

Saudi-based Sumou Real Estate Company has signed an agreement with Diyar Real Estate Development Company to develop and execute infrastructure works on a project located in the North Obhur neighborhood in Jeddah city. ...

Construction & Real Estate

KAFD, Samsung ink smart city infrastructure collaboration deal

The King Abdullah Financial District Development and Management Company and Samsung have signed a deal to explore areas for collaboration on the development and implementation of integrated smart city technologies within the Financial District in Riyadh. ...

Construction & Real Estate

G42's prime AI infrastructure cluster set for 2026 handover

Abu Dhabi-based G42 has announced steady progress on its key development - Stargate UAE - a large-scale AI infrastructure cluster being developed by Khazna. The facility, a part of 5GW UAE–US AI Campus in Abu Dhabi, is on track for 2026 handover. ...

Construction & Real Estate

Acciona launches groundbreaking solution to transform desal efficiency

Leading Spanish infrastructure major Acciona has unveiled a groundbreaking digital solution (a dual-model AI technology) aimed at improving the energy efficiency and sustainability of reverse osmosis (RO) desalination — one of the most energy-intensive processes in the water sector. ...

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