Tag: project

Construction & Real Estate

Archi targets GCC buyers with new phase of $770m Georgia project

Archi, Georgia’s leading real estate developer, has unveiled the next phase of Archi Grand Avenue, a GEL 2 billion ($770 million) development in capital Tbilisi amid growing interest from GCC buyers in overseas property markets that offer both investment and lifestyle potential. ...

Construction & Real Estate

DPWF breaks ground on $1.01m school in Indonesia

DP World Foundation (DPWF), the philanthropic arm of DP World, together with Belawan New Container Terminal (BNCT), has marked the ground breaking of an AED3.7 million ($1.01 million) junior high school in Belawan, Medan, Indonesia....

Construction & Real Estate

Al Masraf seals project financing deal with Innovo Group

Al Masraf (Arab Bank for Investment & Foreign Trade) has announced that it has inked a major project financing deal with Innovo Group, an industry leader in construction and development across the built environment. This funding will help Innovo in delivering a significant project. ...

Construction & Real Estate

Muharraq Development Project Phase I work enters fast-track

Steady progress is being made on the Muharraq Development Project with the Phase I work, which includes the construction and restoration of 300 housing units across six neighbourhoods as well as road and infrastructure development works, entering fast track, said a report. ...

Construction & Real Estate

Indian group Casagrand awards contract for debut UAE project

Leading Indian real estate developer Casagrand has appointed Jaseera Building Contracting for its inaugural development in the UAE - Casagrand Hermina - located at Dubai Islands. With foundation works now complete, the project is on track for handover in Q2 2028. ...

Construction & Real Estate

Azizi announces biggest-ever sales event for $8.2bn Sharjah project

Azizi Developments is gearing up for the biggest sales event linked to its AED30 billion ($8.2 billion) master-planned community in Sharjah - Azizi Florence - featuring more than 10,000 residences, including over 7,200 villas and townhouses and more than 3,000 apartments. ...

Construction & Real Estate

Abu Dhabi's branded residences enter major growth phase, says expert

Abu Dhabi is entering a major growth phase with the development profile of a far more established branded residences market, with 92% of projects in its pipeline now standalone, said a top advisory firm. Abu Dhabi now has 31 branded home projects, of which five stand fully completed. ...

Construction & Real Estate

Qatar starts work on $325m Hamad hospital project

Qatar's Public Works Authority (Ashghal) has announced that work has begun on the Hamad General Hospital, being developed at a total value of QR1.2 billion ($325 million), in co-operation with the Ministry of Public Health. The project is set for completion and handover in the third quarter of 2029. ...

Construction & Real Estate

DHG completes 430-unit Helvetia Residences project in Dubai

DHG Properties, a part of Swiss real estate group DHG, has announced the completion of its prime project - Helvetia Residences - at Jumeirah Village Circle in Dubai, thus delivering its first UAE residential development. The project features 430 apartments spread across 25 floors with more than 73,000 sq m built-up area. ...

Construction & Real Estate

Key Sharjah water network project nearing completion

The Sharjah Electricity, Water and Gas Authority (Sewa) has announced that 90% of the work has been completed on a water distribution network project in Rawdat Al Qarat. The project, which will come up over a 34km area, is due for completion in November. ...

Construction & Real Estate

PPPs gain momentum across Mena as Gulf leads infrastructure shift

Public-private partnerships (PPPs) are becoming an important mechanism for infrastructure delivery across the Middle East and North Africa, with the Gulf region leading the shift as governments diversify their economies and expand private-sector participation, according to a report. ...

Construction & Real Estate

DLD launches unified platform for project, real estate deal registration

Dubai Land Department (DLD) has announced the launch of ‘Initial Registration,’ a unified platform to streamline the developer journey and integrate project registration as well as real estate transaction registration and escrow account management. ...

Construction & Real Estate

Dubai luxury project targets certification for electromagnetic exposure

EYWA Way of Water, a waterfront residential project featuring 65 luxury residences in Dubai's Business Bay district, is targeting certification for electromagnetic exposure alongside top international wellness and sustainability standards. The premium development is due for completion in 2028....

Construction & Real Estate

UK transport consultancy The Hub expands into Saudi Arabia

The Hub – Transport Advisory, a UK-headquartered specialist transport sector consultancy, has announced its expansion into Saudi Arabia with the support of AstroLabs, the Gulf’s leading business setup and growth platform. The Hub is already supporting Saudi Arabia Railways (SAR) on a strategic project. ...

Construction & Real Estate

China's Anta Scaffolding wins Al Maktoum airport project work

China's Anta Scaffolding has been named the specialised scaffolding contractor for a part of the mega Al Maktoum International Airport project in Dubai. Its scope of work covers scaffolding works tied to the underground structural construction, including those related to the underground tunnel sections. ...

Construction & Real Estate

US-Saudi consortium Mera Oil shortlists three GCC sites for $5bn refinery

MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final ​stage of site selection for its planned $5 billion integrated refinery and energy export corridor. ...

Construction & Real Estate

Chinese company signs major Kuwait wastewater treatment project deal

China State Construction Engineering Corporation (CSCEC) said it has signed the contract to build the North Kabd Wastewater Treatment Plant in Kuwait, thus marking the latest infrastructure project under co-operation between the two countries through China's Belt and Road Initiative. ...

Construction & Real Estate

Ampo Poyam Valves wins supply contract for Aramco project

Spanish group Ampo Poyam Valves said it has been selected to supply 180 highly engineered large-size gate valves for Saudi Aramco’s Riyas NGL Fractionation Trains project. The EPC work is being handled by Técnicas Reunidas, a global engineering and construction company. ...

Construction & Real Estate

Azizi’s premium Riviera project on track for Q4 completion

UAE-based Azizi Developments has announced that nearly 80% of the construction work has been completed on Rêve - a premium project within its French Mediterranean-inspired waterfront community Riviera in Meydan, Dubai - and is on track for Q4 completion. ...

Construction & Real Estate

Major contracts signed for $260m Bahrain medical city project

Bahrain-based Arabian Gulf University (AGU) has signed contracts for the King Abdullah Bin Abdulaziz Medical City project being set up at an investment of over $260 million near Durrat Al Bahrain development. The first phase of work is expected to be completed this year. ...