The government of Saudi Arabia has started to award contracts to local construction companies to build five palaces for the king, crown prince, and other senior royals in NEOM, a 26,500 square kilometer business zone in the northwest of the country
Saudi Arabia’s Water and Electricity Company (WEC) has issued a Request for Proposals (RFP) to invite pre-qualified companies in the private sector to participate in the Rabigh-3 Independent Water Project (Rabigh-3 IWP) desalination plant.
The Saudi government is planning to invest up to USD 7 bn in seven new solar plants and a big wind farm by the end of 2018, as part of its national renewables program aiming at deploying 9.5 Gigawatt of renewables to provide 10% of its total energy by 2023
UAE-based Al Fahed Development Company has launched its new seafront project in Abu Dhabi
UAE-based MAG Lifestyle Development (MAG LD), the development arm of MAG Group, has appointed Dutch Foundation as the enabling contractor for its AED 550 mn residential project in Business Bay area of Dubai
The Saudi Ministry of Housing has licensed 60 Saudi firms to sell land plots and housing units online through the Wafi platform as part of its plan to provide 480,000 housing units by 2020
Emaar Properties, the developer of the world's tallest tower, Burj Khalifa, has achieved USD 1.8 bn in profit and close to USD 5 bn in sales in 2017
Dubai Investments Real Estate Company (DIRC) said on Tuesday that work on its AED 3 bn freehold project, Mirdif Hills, is 30% completed
Last month, the authority completed 'Mobility,' one of three 132/11 kV main substations responsible for generating electricity for the Expo 2020 Dubai
The Saudi government plans to spend SAR 1.1 bn (USD 293 mn) on major infrastructure projects including the implementation of 16,000 sanitary drainage connections to homes across the kingdom
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