Jubail Island Investment Company (JIIC) has awarded a USD 109 mln construction contract to Bright Accord General Contracting Company for the Jubail Town Centre in Souk Al Jubail, the commercial and retail hub of Jubail…
The UAE and Australia have finalized negotiations for a Comprehensive Economic Partnership Agreement (CEPA) aimed at enhancing trade and investment ties. The UAE is Australia's largest trade partner in the Middle East…
Nine Yards Real Estate Development, a subsidiary of EIH Ethmar International Holding, has selected Zublin Construction as the main contractor for the Sea La Vie project on Yas Island, Abu Dhabi. Located in Yas Bay on…
Dubai Municipality expects to award the first package of its USD 6.8 bln strategic sewerage tunnels mega project by the end of 2025, a top municipality official said. "We have completed the feasibility study of the…
Dubai-based Meraas announced that it awarded a construction contract worth USD 231 mln contract for Bvlgari Lighthouse project, located on Jumeira Bay Island, Dubai. The main contract for the 27-storey luxury…
UAE's AD Ports Group has awarded Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) contracts valued at over USD 114 mln for six ship-to-shore (STS) cranes and 17 hybrid rubber-tyred gantry (RTG) cranes. These cranes will…
Dubai South Properties has appointed Al Turath Al Aseel Contracting for a USD 41 million contract to construct the South Living Tower, a luxury apartment development in the Residential District of Dubai South. The…
Galva Hub, located in Metal Park, home to the UAE's largest galvanizing pool, will begin accepting orders in February 2025. The facility features the region's largest hot-dip galvanization pool, measuring 16 meters in…
Construction and building activities in the UAE experienced a growth rate of 6.2 pct during the first quarter of this year compared with the same period last year, according to the preliminary estimates issued by the…
Emirates Steel Arkan, the UAE's largest publicly listed steel and building materials company, has rebranded as EMSTEEL to accelerate its operational transformation and expand its global presence. The rebranding reflects…
Emirates Steel Arkan, a leading steel and building materials manufacturer, has appointed Mark J.S. Tonkens as its new Group Chief Financial Officer (GCFO), effective 2nd September 2024. Mark previously served as CFO at…
UAE-based Apex Engineering Industries is set to construct a USD 24.50 mln engineering research and development (R&D) and manufacturing facility in the KEZAD economic zone in Abu Dhabi. The 40,000 sqm plant, located in…
UAE's Emirates Steel Arkan has raised rebar prices for its September production. The company's new rebar prices are set at AED 2,447.25 (USD 666) per ton CPT Abu Dhabi and AED 2,456.25 (USD 669) per ton CPT Dubai…
Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated economic zones in the UAE, has signed a 50-year land lease agreement with Abundance Solar Panels Industries. The deal will see the…
Dubai-based Nakheel has awarded a USD 220.5 mln contract for the marine works on Palm Jebel Ali to Jan De Nul Dredging Limited. The contractor, which is part of Belgium-based Jan De Nul Group, will be responsible for…
NMDC Group has secured a contract worth more than USD 200 mln from the Abu Dhabi National Oil Company (Adnoc) for crucial marine dredging works for the Ruwais LNG project. The contract encompasses extensive dredging…
Taraf, the real estate division of UAE-based investment group Yas Holding, has signed up TMF Euro Foundation as the enabling works contractor for Cello Residences, located in Jumeirah Village Circle (JVC), Dubai. TMF…
Technomak, a turnkey EPC company specializing in oil and gas, FPSO, and renewable energy sectors, has unveiled a major expansion plan in the Hamriyah Free Zone (HFZA), Sharjah. To meet rising global demand, Technomak…
Emarat Al Oula Industries (EAI) has secured a significant contract worth over USD 70 mln from Marie Tecnimont. The contract involves extensive piping work, totaling 1.4 mln inch-diameter pipes, for the Hail & Gasha Gas…
Leos Developments, international property developer, has broken ground on its latest development, Cavendish Square, within Jumeirah Village Triangle (JVT) in Dubai. Cavendish Square features a total of 138 apartments…