UAE-based property development company Arada has secured two syndicated loans worth AED1bn (£214.6m) to fund the development of two projects in Aljada and Nasma Residences in Sharjah.
UAE-based Emaar Development has broken ground on Arabian Ranches III, the latest phase of the premium gated villa community in Dubai, UAE.
GE and its partners have secured approximately $1bn in financing from Japan Bank for International Cooperation (JBIC), Japanese export credit agency (ECA) and private financial institutions for the proposed 1.8GW Hamriyah Independent Power Company in Sharjah, UAE.
A consortium of Spanish company Abengoa and Chinese engineering firm SEPCOIII has secured a contract to begin early works for the construction of a $700m reverse osmosis desalination plant in Abu Dhabi, United Arab Emirates (UAE).
PointOne Development, a developer of hyper-scale data centre campuses, has broken ground on multi-purpose cable landing station and edge computing data centre in Virginia Beach in the US.
Emaar Properties and P&O Marinas, a division of Dubai ports operator DP World, have unveiled plans for AED25bn ($6.8bn) redevelopment of the area around the Mina Rashid area in Dubai.
UAE-based property developer RAK Properties has awarded contract to Al Ali Construction and Development to build its AED500m ($136m) Marbella Villas project in Hayat Island, Ras Al Khaimah in the UAE.
The United Arab Emirates (UAE ) has opened the AED6bn ($1.6bn) 89km-long Sharjah-Khorfakkan Road, which spans from Emirates Road to Wadi Shi in Khor Fakkan.
A joint venture between Saudi Arabia’s Nesma Trading and UAE-based Professional Landscape has won a design and build contract from The Red Sea Development Company (TRSDC) for an onsite landscape nursery that covers more than one million m² in Saudi Arabia.
L&T Construction, the construction subsidiary of Larsen & Toubro, has won large contracts in India and abroad.
L&T Construction, the construction arm of L&T, has secured orders from clients across various states in India.
Sharjah Investment and Development Authority (Shurooq) and Diamond Developers, a company that develops sustainable communities in the UAE, have begun work on AED2bn ($544m) Sharjah Sustainable City, the first urban mixed-use project in the emirate.
Real estate developer Arada has announced the launch of Nest, an integrated student accommodation complex in the UAE, at the lifestyle megaproject Aljada.
A joint venture of China State Construction Engineering Corporation (Middle East) and South Korea’s SK Engineering and Construction (SK E&C) has secured a contract for Package A of Etihad Rail in Abu Dhabi.
The Abu Dhabi National Oil Company (Adnoc) has awarded an AED4.4bn ($1.21bn) EPC contract to South Korea’s SK Engineering and Construction (SKEC) for three underground storage caverns, each with a capacity of 14m barrels.
L&T Construction, theconstruction arm of L&T, has won significant contracts across its Power Transmission and Distribution (PT&D) and Water and Effluent Treatment business segments and a large contract across its Buildings and Factories business unit.
National Marine Dredging (NMDC) of the UAE has won a dredging, land reclamation and marine construction contract worth AED5bn ($1.36bn) from Abu Dhabi National Oil Company (Adnoc) to build multiple artificial islands in the first phase of development of the Ghasha Concession.
UAE Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has inaugurated works on Burj Jumeira, the new tower to be built in the Al Sufouh neighbourhood of Dubai.
Dubai Supreme Council of Energy chairman and Expo 2020 Dubai Higher Committee chairman Sheikh Ahmed bin Saeed Al Maktoum and other officials have broken ground on the first solar-driven hydrogen electrolysis facility in the Middle East and North Africa (MENA).
Jiangsu Provincial Overseas Cooperation and Investment (JOCIC) and Chinese tyre manufacturer Roadbot have broken ground on the AED2.2bn ($614.37m) Roadbot Tire Project KIZAD, the first tyre manufacturing plant in the UAE, in KIZAD, Abu Dhabi’s industrial hub and part of Abu Dhabi Ports.