Aldar Properties, a real estate development, management and investment company, has announced the launch of Saadiyat Grove, an AED8bn ($2.1bn) mixed-use development in Abu Dhabi.
A joint venture between National Aviation Services (NAS) and Airport Dimensions has been awarded a contract by Abu Dhabi Airports for the development of a lounge at Midfield Terminal in Abu Dhabi.
Arabtec’s subsidiary Arabtec Construction has been selected by Emaar Misr for an AED366m ($99m) contract in Greek Village, Egypt.
UAE-based Abu Dhabi Health Services Company (SEHA) has opened the 3.2mft² Sheikh Shakhbout Medical City (SSMC) in Abu Dhabi.
Saudi Arabia’s Diriyah Gate Development Authority (DGDA) is set to lay the cornerstone for Diriyah Gate, a new cultural and lifestyle tourism destination located in Diriyah, Riyadh.
Saudi Arabia-based Al Akaria Saudi Real Estate Company has partnered with Arabian Dream KSA, which is principally owned by Triple Five Worldwide, to develop what it claims to be the world’s largest mixed-use entertainment and shopping centre development in Riyadh.
British architecture firm Foster + Partners has won a contract from The Red Sea Development Company (TRSDC) to design a new international airport at The Red Sea project, a tourism destination being developed in Saudi Arabia.
Kuwait’s mixed-use property developer Tamdeen Group, through its subsidiary Tamdeen Pearl, has launched the region’s first ‘hybrid outlet’ mall, named Al Khiran.
Dubai Electricity and Water Authority (DEWA) has awarded a contract worth AED982m ($267m) to a consortium of Ghantoot Transport and General Contracting and Ghantoot Gulf Contracting for the construction of its new headquarters, called Al-Shera’a (Arabic for sail).
Almar Water Solutions, through Abdul Latif Jameel and Rawafid Alhadarah, and its consortium partners Spanish infrastructure company Acciona and Japanese firm Marubeni Corporation have laid the foundation stone at the IWP Shuqaiq-3 desalination project in Saudi Arabia on the Red Sea coast.
Saudi Arabia has commenced construction on urban development projects, including the world’s largest park, with an investment of $23bn (£18.5bn) to transform the city of Riyadh into an attractive destination.
A consortium of Orascom Construction and Siemens has signed an agreement with Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq.
Abu Dhabi-based developer Imkan has selected Chinese construction company China Nantong Sanjian Construction Group (CNTC) as the main contractor for the Pixel, a 85,000m² mixed-use development in Abu Dhabi.
Dubai Electricity and Water Authority (DEWA) has selected a consortium of Strabag Dubai, Strabag, Andritz Hydro and Ozkar for the construction of the AED1.437bn (£316m) pumped storage hydroelectric power station in Hatta, Dubai.
The Red Sea Development Company (TRSDC) has commenced development of the Coastal Village, a residential and commercial area for the workers, staff and management of The Red Sea Project in Saudi Arabia.
Global hospitality firm Hilton has signed a master development agreement with international franchise operator Alshaya Group to develop 70 Hampton by Hilton hotels in nine countries.
The Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) are co-financing a financial package worth $350m (£280m) for three new units at EFELER, the largest geothermal power plant in Turkey.
Transportation technology company Virgin Hyperloop One is planning to build a long-range hyperloop test track in Saudi Arabia.
Real estate developer Emaar Properties has announced plans to build its first 3D printed home in Dubai, UAE.
Greek construction company Archirodon has won a contract from The Red Sea Development Company (TRSDC) for enabling works at the 28,000km² The Red Sea Project luxury tourism development on Saudi Arabia’s west coast.