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Saudi’s $500bn NEOM megaproject beckons potential investor interest

Invitations were sent to private equity firms, bankers and construction suppliers for the gathering

Abu Dhabi’s Tadweer to develop a new engineered landfill for hazardous waste

The landfill will employ new technologies to treat the waste generated from the project for cleaning and disinfecting the Mussafah Channel

Trimble Solutions’ Paul Wallett on the role of construction technology in building the Museum of the Future

In an exclusive interview with Gulf Business, Wallett, the regional director of Trimble Solutions – Middle East and India, tell us how his company’s tech solutions have contributed to building complex structures in the region

Emirates Global Aluminium reports $1.5bn in net profit for 2021

Revenue totalled $6.9bn in 2021, compared to $5.1bn in 2020

Borouge starts up fifth polypropylene unit in Ruwais

The new facility will increase Borouge’s polypropylene production capacity by more than 25 per cent to 2.24 million tonnes per year

ACWA Power led consortium achieves financial close for Red Sea Project

The first phase of the project is set to open by the end of 2022

Egypt credit sector

UAE’s Metito, Scatec in talks on $1.5bn Egypt desalination plant

The proposal involves a 400-megawatt solar-power facility and a desalination plant

National Petroleum Construction Company signs strategic MoUs at EGYPS

UAE-based National Petroleum Construction Company signed agreements with leading Egyptian companies to explore growth opportunities in the MENA region

Dubai: Alec hires Andy Boutle as its head of Digital Construction

Boutle will focus on the digitisation of the entire value chain for projects undertaken by Alec, with an emphasis on increasing workflow communication

Arada Sharjah Aljada

Sharjah’s Arada awards Dhs322m construction contract to Kuwaiti contractor

The contract to build eight buildings, comprising a total of 920 homes in Aljada, was awarded to Kuwaiti contractor Mohammed Abdulmohsen Al-Kharafi & Sons

Aldar gains ground within two global ESG benchmarks

The company’s improved ESG ratings have been attributed to the consistent and broad integration of sustainability practices into its operations

Hamriyah Free Zone inks investment deal with UAE’s Grankraft

The authority has leased approximately 323,000sq ft plots of land, with an investment value of Dhs22m in the first phase

Alpha Dhabi Holding begins hiring process in support of Nafis initiative for Emiratis

The company offers potential for progress and growth in the fields of construction, healthcare, hospitality, industry and investment in promising sectors.

Saudi Crown Prince plans emissions-free industry hub ‘floating’ on sea

The project, dubbed ‘Oxagon’, will feature a port and a logistics hub

NIA unveils world’s first AC safety helmet for construction workers at Expo 2020 Dubai

The product launch is part of the India Innovation Hub initiative by the Indian Pavilion at the World Expo 2020

Dubai South The Avenue

Dubai South launches new freehold development project called The Avenue

Plots in The Avenue will vary in size from 30,000-55,000 square feet

How digital transformation is taking root within the construction industry

The pandemic has turbo-charged digital transformation. Is the construction industry ready to harness the full potential of the available technology?

Sustainability trends: How to make MENA cities more resilient

Cities need to adopt a holistic and evidence-based framework to guide the building of resilience

Abu Dhabi’s ADNOC signs agreements worth up to $1bn for project engineering services

The contracted services are to be primarily carried out in the UAE

GCC: How a traditional mall can become relevant and profitable again

The new consumer is looking for a multi-layered and interactive environment, which can provide memorable and rewarding experiences

How user experience is instrumental to developing sustainable smart cities

Cities are complex, networked, and continuously changing social ecosystems, shaped and transformed through different technologies and human interests

Video: Sheikh Mohammed inaugurates new roads connecting various emirates

New infrastructure projects worth Dhs1.95bn have been launched in the UAE

Arada gets Dhs250m funding from Dubai Islamic Bank for megaproject construction

The additional funding comes after an initial financing of Dhs300m was secured earlier this year from the bank

RTA awards contracts for constructing 34.4km internal roads in Dubai

The internal roads will be constructed at three residential communities – Al Quoz 2, Nad Al Sheba 2 and Al Barsha South 3

Sharjah’s Arada awards first two contracts for Dhs8bn Masaar project

US consultancy Parsons wins the infrastructure design contract

Murban Alpha dhabi

Alpha Dhabi acquires UAE hospitality investment company Murban

Abu Dhabi based Murban was founded in 2006 and reportedly has Dhs1.7bn in equity

Abu Dhabi’s Aldar launches Noya Luma villa project in Yas Island

Construction is set to commence in November 2021, with handovers expected to begin in February 2024

Sharjah’s Arada awards Dhs180m contract to build The Boulevard at Aljada

Construction will commence immediately, with completion scheduled by end-2022

Click and mortar: The acceleration of technology in construction in the GCC

The future of the construction sector hinges on how swiftly players adapt to newer technologies

Why setting net-zero carbon standards is imperative for mitigating climate change

Adopting smart energy and building management systems can not only reduce carbon emissions, but also reduce electricity bills significantly