• Ithra Dubai achieves key construction milestone at One Za’abeel


    Ithra Dubai, the real estate arm of state-owned Investment Corporation of Dubai ( ICD) has announced that its iconic development One Za’abeel has achieved a major milestone with The Link accomplishing its final slide at ground level.

  • ICCROM launches initiative to protect historical Arab cities


    ICCROM Sharjah has launched a new initiative, Medina, to help address the protection of historic cities and supporting the enhancement of urban heritage management in Arab region and valourising the role of cultural heritage in sustainable development.

  • DLD unveils new real estate investment promotion drive


    Dubai Land Department (DLD) has launched its new ‘Invest in Dubai’ initiative to highlight the emirate’s position in real estate on a global front. It is being held under the theme ‘Discussing the Opportunities that Arise from Dubai as a Real Estate Inves

  • $5bn green hydrogen, ammonia facility planned in NEOM

    AIR PRODUCTS, ACWA, NEOM JV
    Air Products, in conjunction with Acwa Power and NEOM, announced the signing of an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy in Saudi Arabia.

  • Azizi's Palm Jumeirah project on track for Q3 completion


    UAE-based Azizi Developments said 94 per cent of the work has been completed on its luxurious development, Mina, located on the east crescent of the iconic Palm Jumeirah in Dubai, and will be ready by the third quarter of 2020.

  • Ring unveils GenNext mid-range video doorbell in UAE


    Ring, an Amazon company involved in the manufacture of smart home security products line, has announced the launch of its next-generation mid-range video doorbell and its next generation Ring Chime and Chime Pro in the UAE.

  • Big 5 Digital Festival Africa to kick off on July 21


    The first-ever Big 5 Digital Festival Africa will be held this month by the organisers of the giant building expo in bid to rebuild confidence in the African infrastructure and construction community and define the path to the post-Covid recovery.

  • Dubai Maritime City Phase One work 35pc completed


    Dubai-based global trade enabler DP World said 35 per cent of the infrastructure work within Phase One of its residential and commercial development, Dubai Maritime City, has been completed despite the challenges posed by Covid-19 pandemic.

  • Saudi Arabia 'set to complete $1.6 trillion building projects'

    CASH FLOW, PROJECT DELAYS
    The Saudi construction sector has been the most affected by the Covid crisis. However, industry experts said the sector would make a gradual recovery to complete the 5,000 construction projects worth a whopping $1.6 trillion across the kingdom.

  • Taqa announces financial closing of $1.14bn gas-fired power plant


    Abu Dhabi National Energy Company (Taqa) announced on Tuesday the successful financial closing of the largest gas-fired power plant in the UAE.

  • Amlak completes IPO; retail coverage at 26.9 times


    The IPO of Saudi-based Amlak International for Real Estate Finance's shares was completed this week after finalising the retail subscription tranche with coverage by individuals at 26.9 times ratio, said NCB Capital, financial advisor for the issue.

  • Qatar begins ICV evaluation in energy sector tenders


    Qatar Petroleum has commenced an In-Country Value (ICV) evaluation in the energy sector tenders through “Tawteen”, the localisation programme for services and industries in Qatar’s energy sector.

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Construction News

Ithra Dubai achieves key construction milestone at One Za’abeel

Ithra Dubai, the real estate arm of state-owned Investment Corporation of Dubai ( ICD) has announced that its iconic development One Za’abeel has achieved a major milestone with The Link accomplishing its final slide at ground level. ...



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