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Jubail Island to See AED 50+ mn Marine Works for 8M

Jubail Island Investment Company (JIIC) has awarded an AED 50+ mn marine works contract to National Marine Dredging Company (NMDC) for the AED 5 bn mixed-use Jubail Island megaproject in Abu Dhabi, which is set to last for eight months long

Sunset Hospitality Plans to Enter Saudi, UK Markets

Leading hospitality investment and management firm Sunset Hospitality Group eyes tapping into the Saudi and UK markets in H2 2019, intending to open eight new venues before year-end.

Majid Al Futtaim to Open New Retail Project in Dubai By Year-End

Dubai-based Majid Al Futtaim has announced plans to launch its latest retail project in UAE next December, named "Festival Plaza" and situated at the heart of Dubai's mixed-use development, Wasl Gate.

Al Bawani to Implement New USD 83 mn Commercial Tower

The Eastern Province Chamber of Commerce and Industry (Asharqia Chamber) has awarded Saudi-based Al Bawani Company a contract to carry out implementation works of its newest commercial tower in the kingdom's eastern province, dubbed Al Kharwa Investment Tower.

Nakheel Reveals New Attraction at Palm Jumeirah

Dubai-based Nakheel has revealed a new addition to Dubai’s recreation and leisure scene with "The View" at The Palm, a public observation deck towering 240 meters above the world-famous Palm Jumeirah.

Select Group Begins Delivery of its Dubai’s 2nd Luxury Tower

Dubai-based real estate developer Select Group has commenced the delivery of its second luxury tower in Dubai, The Residences at Marina Gate II.

DLD Unveils New Real Estate Investment Initiative

Dubai Land Department (DLD) has launched the Real Estate Investment Opportunities (REIOs) initiative, aiming to attract more investors from all economic sectors.

DAMAC Welcomes 1st Residents of AKOYA

DAMAC Properties has begun handovers at "Claret," a cluster of its landmark 55 mn square-feet master development in Dubai, dubbed AKOYA.

Ras Ghareb’s 250 MW Windfarm Supplies Power to Grid: Orascom

Orascom Construction announced that the 250-megawatt wind farm at Ras Ghareb, the second-largest city in Red Sea Governorate, has successfully managed to deliver power to the grid.

SP Mideast Awarded AED 1.53 bn Abu Dhabi’s Qaryat Al Hidd

Saadiyat Development and Investment Company (SDIC) awarded on June 25 an AED 1.53 bn construction contract to Shapoorji Pallonji Middle East (SP Mideast) for the 160,000-square-meter Qaryat Al Hidd project on Abu Dhabi's Saadiyat Island

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