UAE-based AARK Developers has appointed Atlas Foundations Co. LLC as the enabling contractor for Sora Beach Residences, their flagship beachfront project on Al Marjan Island, Ras Al Khaimah (RAK). Atlas Foundations…
Conares, the UAE's second-largest private steel manufacturer, has obtained the AFCAB conformity certification from France for its rebar products, the company announced. "Achieving AFCAB conformity for our rebars enables…
Emirates Steel, part of the EMSTEEL group, has raised rebar prices for December production by AED 50 (USD 14) per ton. The updated prices are AED 2,610 (USD 711) per ton delivered to Abu Dhabi and AED 2,618 (USD 713)…
UAE developer Arada has begun work on the Armani Beach Residences at Palm Jumeirah, Dubai, following the award of a contract to Dubai-based International Foundation Group (IFG). The contract covers enabling works for…
UAE's Emirates Steel, part of the EMSTEEL group, has partnered with Fastmarkets in a five-year strategic agreement, naming Emirates Steel the "Regional Host Sponsor" for the Middle East Iron & Steel Conference from 2024…
Tubacex Group, a global leader in advanced industrial solutions for energy and mobility, has finalized a USD 200 mln strategic partnership with Mubadala Investment Company, Abu Dhabi's sovereign investor, in its Oil…
Al Seer Marine, a subsidiary of International Holding Company (IHC), and Damen International, part of the globally renowned Damen Shipyards Group, have expanded their joint venture, Dune, to include commercial…
Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the UAE's largest operator of integrated economic zones, has signed a 50-year land lease agreement with Pipetec Solutions Manufacturing to establish a state-of-the-art…
Local and regional steel producers, including Emirates Steel, Union Iron & Steel, Qatar Steel FZE, and Oman's Jindal Shadeed, have recently obtained Emirates Conformity Assessment Scheme (ECAS) certification in line…
The investment arm of Abu Dhabi's sovereign wealth fund, Mubadala Capital, is exploring the sale of a Brazilian iron ore port terminal operator. The Rio de Janeiro-based port may be sold alongside the company's iron ore…
Ta'ziz, a joint venture between Adnoc and ADQ, has awarded over USD 2 bln in engineering, procurement, and construction (EPC) contracts for infrastructure development at its Ta'ziz chemicals and transition fuels project…
UAE steel manufacturers have filed complaints with Indian customs regarding alleged illegal steel scrap imports from the UAE, citing falsified documentation and export fee evasion, as reported by Zee News. The companies…
UAE's EMSTEEL, one of the region's largest publicly traded steel and building materials manufacturers, announced its financial results for the first nine months of 2024. The group reported revenues of AED 5.87 bln (USD…
UAE-based Amali Properties has officially commenced construction on Amali Island, an ultra-luxury villa project with an investment of USD 544 mln located within The World Islands off the coast of Dubai. The marine works…
Expo City Dubai, a leading real estate developer, has appointed Ginco General Contracting as the main contractor for the construction of Expo Valley, as announced in the company's press release. With most villas and…
Nakheel, a member of Dubai Holding Real Estate, has partnered with Dubai Electricity and Water Authority (Dewa) for the development of two upcoming substations on Palm Jebel Ali, valued at USD 73.5 mln. As per the deal…
Kuwait's Combined Group Contracting Company (CGCC) said its affiliate in the UAE has won a contract to build an industrial zone on Delma Island in Abu Dhabi with a total value of around USD 43 mln. CGCC said in a…
Masdar, the UAE's clean energy leader, and EMSTEEL, the country's largest publicly listed steel and building materials company, have completed a pioneering pilot project using green hydrogen to produce green steel…
UAE's EMSTEEL, formerly Emirates Steel Arkan, has raised its rebar prices for November production. The company is now offering rebar at AED 2,560 (USD 697) per ton, CPT Abu Dhabi, and AED 2,568 (USD 699) per ton, CPT…
UAE's leading steel producer, EMSTEEL (formerly Emirates Steel Arkan), has announced the election of its board of directors for a three-year term, according to a stock exchange filing. The newly elected members are…