UAE-founded real estate developer with global aspirations Damac Properties has announced brand-new office openings in Beijing and Singapore. With its sights firmly set on global expansion the office openings...

UAE-based Alec Engineering and Contracting has announced the incorporation of Inproserv a leader in built asset maintenance services into the group. The deal sees Alec take a stake in the Middle East company...

Leading hospitality group Jumeirah has unveiled its new brand identity marking a major milestone in its growth strategy to double the size of the portfolio by 2030. The new visual identity is the first...

Saudi-based Qiddiya Investment Company (QIC) has announced the launch of Aquarabia the first water theme park of its kind in Saudi Arabia and the largest in the region. Located in Qiddiya City close to...

Mered an international real estate developer with headquarters in Dubai has partnered with the world-renowned hospitality design firm Hirsch Bedner Associates (HBA) for the development of the Iconic Tower...

The Emirati group had in March announced its intention to acquire Leichtmetall from Leichtmetall Holding a subsidiary of an investment fund managed by Quantum Capital Partners. The transaction has now...

Bahrain s Electricity and Water Authority (EWA) has floated a tender for the construction of a new seawater reverse osmosis (SWRO) desalination plant on the Hawar Island in the southeastern coast of the...

Tecom Group the creator of specialised business districts and vibrant communities has posted 15% year-on year (YoY) rise in net profit to AED290 million ( 79 million) for the first quarter as occupancy...

LEAD Real Estate Developer has announced that work has been completed at Nad Al Dhabi village within Jubail Island the AED15 billion ( 4.08 billion) project in the heart of Abu Dhabi. This milestone highlights...

Barceló Hotel Group the leading Spanish hospitality management company today (May 7) revealed its 2024 global expansion strategy with a robust pipeline of new property openings in new and existing key...

Hospitality group Cheval Collection s new 80 million luxury serviced apartments in Riyadh Saudi Arabia will break ground this year with construction due for completion in 2027. Cheval Ladun Living a partnership...

Red Sea Global (RSG) the multi-project developer behind regenerative tourism destinations The Red Sea and Amaala has officially revealed the name and designs of its golf course and clubhouse on Shura Island...

The Arab Shipbuilding and Repair Yard Company (ASRY) has announced that it had recently won a regional tender launched by the Kuwait Oil Tanker Company (KOTC) to carry out docking and maintenance work...

Bluewater Bio one of the fastest growing water technology companies in Europe has secured a major contract to provide EPC (engineering procurement and construction) services as well as technology supply...

NMDC Group a leader in engineering procurement construction and marine dredging has reported solid growth for the first quarter with a 112% increase in net profit which rose to AED641 million ( 174 million)...

While average fit-out costs across global markets have risen significantly year-on-year amid ongoing cost challenges and a complex macroeconomic environment the construction sector in Middle East and Africa...