Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohan ..Read More

Ohana Development has partnered with luxury brand Jacob & Co. to launch "Jacob & Co. Beachfront Living by Ohana," a luxury beachfront project in Abu Dhabi. Featuring villas, apartments, and mansions with stunning sea views and resort-style amenities, the development includes unique offerings like the Jacob & Co. Beach Club and Seafront Cigar Lounge. Completion is slated for Q2 2028, with the official launch in Q1 2025.
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• Construction

Dar Global and the Trump Organization have announced Trump Tower Jeddah, a SAR 2 billion, 47-floor luxury resi ..Read More

Dar Global and the Trump Organization have announced Trump Tower Jeddah, a SAR 2 billion, 47-floor luxury residential tower along Jeddah's Corniche. Featuring the Kingdom's first exclusive Trump Club, the tower offers elite residences, world-class facilities, and breathtaking Red Sea views. This project marks the third collaboration between the two entities, showcasing a commitment to ultra-luxury and modern urban living in the Middle East.
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• Construction

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 5 ..Read More

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 55% stake. Turnwell has achieved record efficiency in its initial 144 unconventional wells, reducing delivery time by 13% and costs by 53% on a four-well pad. The JV aims to unlock Abu Dhabi’s vast unconventional oil and gas resources using advanced drilling technologies and AI-driven innovations.
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• Oil & Gas

Wood secured $920 million in contracts across the Middle East in 2024, spanning Iraq, Kuwait, Oman, Qatar, Sau ..Read More

Wood secured $920 million in contracts across the Middle East in 2024, spanning Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. Projects include pre-FEED for Aramco, a flare gas reduction program cutting 10 million tonnes of CO2 annually, and hydrogen and carbon capture consulting. Wood expanded its workforce by 500 employees and launched graduate engineering programs, with plans to open a vocational training center in Iraq in 2025.
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• Oil & Gas

RINA has been selected by Hassan Allam Construction and its subsidiary Kortech to oversee systems integration ..Read More

RINA has been selected by Hassan Allam Construction and its subsidiary Kortech to oversee systems integration for the Hafeet Rail project, a 303 km railway network connecting the UAE and Oman. The project will improve transportation, reducing travel time between Abu Dhabi and Sohar to 100 minutes and transporting 15,000 tonnes of cargo per journey. RINA will ensure the integration of subsystems, including signalling and telecommunications, while Kortech will manage the efficient execution of project systems.
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• Transport

Retal Urban Development Company has signed a SAR 349 million contract with its subsidiary, Building Constructi ..Read More

Retal Urban Development Company has signed a SAR 349 million contract with its subsidiary, Building Construction Company, to construct 502 residential units in Riyadh's Al-Fursan district over 30 months. Aiming to enhance quality of life through innovative urban projects, Retal, a subsidiary of Alfozan Holding, has been a prominent developer in Saudi Arabia since 2012.
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• Construction

Riyadh Development Company (ARDCO), in partnership with the Sports Boulevard Company and Turkish FTG Developme ..Read More

Riyadh Development Company (ARDCO), in partnership with the Sports Boulevard Company and Turkish FTG Development Company, has signed an agreement to establish a real estate investment fund valued at over SAR 3.5 billion. The fund will develop a mixed-use project in the URBAN WADI area of the Sports Boulevard in Riyadh, covering 39,759 square meters with over 207,000 square meters of built-up space. The project is set to redefine Riyadh's skyline and will be developed over a seven-year period.
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• Construction

Diriyah Company has awarded a SAR 758.5 million contract to China Harbour Engineering Company for bulk excavat ..Read More

Diriyah Company has awarded a SAR 758.5 million contract to China Harbour Engineering Company for bulk excavation works in the second phase of the Diriyah project, covering 6.3 square kilometers. This phase will lay the foundation for major cultural assets, including the Royal Diriyah Opera House and Diriyah Arena, aligning with Saudi Vision 2030. The project will incorporate sustainability practices, including repurposing excavation materials for other uses. This contract follows several other significant awards for the Diriyah development.
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• Construction