UAE-based developer Modon has awarded the main construction contract for two residential developments, Nawayef East and Nawayef West, on Hudayriyat Island, with a combined value of AED 5 bln (USD 1.36 bln). The company…
UAE-based developer Palma Development has awarded a USD 207 mln construction contract to Khansaheb Civil Engineering for the delivery of West Residence, a 46-storey tower forming Phase 1 of the Serenia District at…
Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has secured a USD 250 mln contract to build the African Export-Import Bank's (Afreximbank) African Trade Centre and new global headquarters in Egypt's New…
Modon Holding has awarded a construction contract valued at USD 272 mln to Trojan Construction Group for the Maysan development in Abu Dhabi. Trojan will undertake construction of the Mayar and Thoraya districts on Reem…
Mered has appointed NSCC International as the enabling works contractor for Riviera Residences, its waterfront development on Al Reem Island in Abu Dhabi. Riviera Residences will feature more than 400 apartments and 12…
Dar Global, the London-listed real estate developer, has awarded Edrafor Emirates LLC the enabling works contract for the Trump International Hotel & Tower in Dubai. The company said the appointment marks a major…
Saudi Arabia and Qatar have signed an agreement to develop a high-speed electric rail link between Riyadh and Doha, running through Dammam and Al-Ahsa, according to a joint statement. The planned 785-kilometre network…
Arada has awarded a USD 735 mln package of contracts to deliver Masaar 2, the next phase of its forested megaproject located in Sharjah's Rowdat district, the company said in a press release. The scope covers the full…
Retal Urban Development Company has signed a development agreement with the National Housing Company (NHC) for a large-scale residential project valued at USD 1.38 bln, according to a stock exchange filing. The project…
UAE-based renewable energy company Masdar announced that its consortium has awarded the Engineering, Procurement and Construction (EPC) contract for the Ibri III Independent Power Project (IPP) to China Power…
CRC Evans, a specialist in welding and coating services, has secured a new contract for Package 9 of Saudi Arabia's Master Gas III (MGS) project. The scope includes welding and construction of a 56-inch, 150 km…
Saudi Arabia's AlKhorayef Water and Energy Technology Company has secured a USD 59 mln contract from the National Water Company to build sewer networks in Hafr Al-Batin and Al-Qaysumah in the Eastern Province, the…
Ladun Investment Company has signed a real estate development agreement with the National Housing Company (NHC) to develop the Al-Mashraqiyah Villas in Riyadh, according to a stock exchange filing. As part of the…
Hassan Allam Holding and Tilal Real Estate have signed a strategic partnership with Saudi Arabia's National Housing Company (NHC) to develop their first mixed-use project in Riyadh's Khozam District. The project will be…
Meraas has awarded a USD 120 mln contract to GCC Contracting for the development of the City Walk Northline project, marking the latest phase in the expansion of the City Walk district in Dubai. The contract covers the…
UAE's Abu Dhabi Future Energy Company PJSC (Masdar), a global clean energy leader, announced it has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round…
Retal Urban Development Co.'s subsidiary, Building Construction Company Ltd, has signed a USD 123 mln contract with PIF-owned Roshn Group to design and build six residential buildings within the Sedra master development…
Emirates Water and Electricity Company (EWEC) has awarded its 1.5 GW Khazna Solar PV project to ENGIE and Masdar. The utility-scale plant, to be built near Al Khazna in Abu Dhabi, will be developed under a power…
Diriyah Company has signed a USD 244 mln contract with a consortium of Al-Majal El-Arabi Group and MAN Enterprise AlSaudia to develop the Grand Mosque as part of the project's second phase. The mosque will span 12,300…
Nakheel, part of Dubai Holding Real Estate, has awarded Al Nasr Contracting Company LLC an USD 46 mln contract to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands. The contract covers…