Saudi Arabia unveils a new downtown in Riyadh suburb that will add US$48 bn to Saudi’s non-oil GDP
Dubai, UAE
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) on Thursday said, it will develop a new urban township in a suburb in...
US$700 billion investment to boost renewable energy in the Arab World by 2050
The Arab World will witness US$700 billion investment in renewable energy transition between 2020 and 2050 with a target to generate more than 70...
Naresco Contracting bags main construction contract for the Dh475 million Skyz Tower from Danube Properties
Dubai, UAE
Naresco Contracting LLC has won the main construction contract for the development and delivery of the Dh475 million Skyz Tower at Arjan in...
Arada records Dh2.41 billion in sales in 2021 and plans to deliver 4,000 homes in 2022
Dubai: Sharjah-based property developer Arada reported a 38 percent growth in sales value to Dh2.41 billion in 2021, compared to the previous year.The company...
Dubai’s 131,358 buildings come under 5-star classification
Dubai Government has completed the star-rating of 131,358 existing buildings, ranking them from 1-star to 4-star and a 4 Plus-star in order to create...