Author: CBNME DIGITAL REPORTER

Advanced Technology Recycling becomes the pioneering company in the Gulf to invest in wet processing technology for (C&D) waste CDE, a leader in the design and engineering of wet processing solutions for the waste recycling and natural minerals processing sectors, is proud to announce a major milestone in the Gulf region’s commitment to sustainable waste management with the signing of a new deal with Advanced Technology Recycling (ATR). As the first company in the Gulf to invest in wet processing technology for construction and demolition (C&D) waste, ATR is setting a new standard for environmental responsibility in Qatar. The agreement,…

Union Properties Reports Stellar 2024 Financial Results, achieving a comprehensive income of AED 395 million Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP), released its outstanding audited financial results for the fiscal year 2024, recording an operating profit of AED 161.8 million, with an annual growth rate of 59% percent, and a total comprehensive income of AED 395 million. Additionally, revenue generated from customer contracts increased to AED 528.7 million, up from AED 508 million in 2023, underscoring the robust operational performance and strategic growth of the Company and its subsidiaries. The results further highlight Union Properties’…

Saudia Cargo strengthens global leadership at Annual GSA Meeting, sets strategic priorities for 2025 Saudia Cargo has reaffirmed its position as a global air cargo leader following the successful conclusion of its annual Global Sales Agents (GSA) meeting. The event brought together key partners from around the world to align on the company’s 2025 strategic priorities, address evolving market challenges, and celebrate a year of significant achievements in 2024. With a focus on scaling operations to meet rising global demand, Saudia Cargo outlined its roadmap to optimize fleet capacity, expand network connectivity, and accelerate digital transformation. Leveraging Saudi Arabia’s strategic…

Three strategic locations across Abu Dhabi which include Bateen, Yas Island, and Khalifa Port across Abu Dhabi will allow flying taxis Lodd, an Abu-Dhabi-based company specialising in automation, autonomous vehicles, and AI partnered with Skyports Infrastructure, an advanced air mobility company, to reveal the vertiport design across three locations in Abu Dhabi. The project aims to enhance the urban air mobility landscape and develop a vertiport network in the Emirates for electric vertical take-off and landing (evTOL). The agreement was announced at the ICAO Global Implementation Support Symposium (GISS) 2025 on the 10th and 12th of February. The project connects…

Sobha One recognised with Whole Life Carbon Badge for low-carbon development and environmentally responsible design Sobha Realty, a leading global luxury real estate developer, has announced its flagship Dubai project, Sobha One, has been awarded the prestigious Green Mark Platinum Super Low Energy (SLE) certification by Singapore’s Building and Construction Authority (BCA). This milestone achievement makes Sobha One the first building outside Singapore to earn this distinction, highlighting Sobha Realty’s commitment to environmentally friendly living experience. In addition to the SLE certification, Sobha One has also been recognised with the Whole Life Carbon badge in testament to the project’s dedication…

OMNIYAT launches OMNIYAT Bespoke: a new global real estate category empowering UHNWIs to craft one-of-one creations tailored to their aspirations  OMNIYAT, Dubai’s visionary lifestyle brand for UHNWI’s, is crafting a niche segment in the global ultra-luxury market with the launch of a new concept: OMNIYAT Bespoke. This exclusive category is poised to redefine luxury living on a global scale by allowing owners to define their own criteria and infuse their unique aspirations into every facet of their lifestyle.  With one-of-one creations shaped alongside the world’s finest talent in design and craftsmanship, the launch of the concept also marks the reveal…

Masarat Mobility Park established in KAEC to boost automotive sector supporting Saudi Arabia’s vision 2030 Masarat Mobility Park, a joint venture between TASARU Mobility Investments (a PIF Company), Zamil Group Real Estate, Abdullah Ibrahim Alkhorayef Sons, and Dar Al Himmah Projects, announces the establishment of its automotive and mobility park in KAEC. Positioned as a mobility hub focusing on automotive trading, logistics solutions, and manufacturing activities, the Park aligns with Saudi Vision 2030 by advancing the localisation of the automotive sector, promoting economic diversification, and attracting global automotive and mobility brands through strategic real estate offerings. Masarat Mobility Park, a…

  SAL Logistics Services enters partnership with the Madinah Region Development Authority to enhance logistics services at Prince Mohammed Bin Abdulaziz International Airport. SAL Logistics Services, the leading provider of logistics solutions and Ground handling services in the Kingdom, has signed a cooperation agreement with the Madinah Region Development Authority to support and enhance logistics services and smart facilities at Prince Mohammed bin Abdulaziz International Airport in Madinah, to achieve a qualitative shift in airport services and provide the best logistics services to beneficiaries. The cooperation agreement was signed by Mr. Saleh bin Ahmed Aldaini, Chief Shared Services Officer at SAL…

Zayed International Airport secures 3 pearl estidama rating in construction, highlighting commitment to sustainability Zayed International Airport (AUH) has become one of the largest buildings in the UAE to be awarded the prestigious 3 Pearl Estidama rating for construction, a significant achievement that highlights Abu Dhabi Airports’ commitment to sustainable development. The recognition underscores Zayed International Airport’s leadership in sustainable airport infrastructure and marks its successful transition from the 3 Pearl design-stage rating to construction stage certification. The 3 Pearl Estidama rating highlights Zayed International Airport’s alignment with the UAE’s sustainability ambitions, demonstrating the careful consideration paid to reducing environmental…

Nathan Hones, COO and Partner at Carter Hones Associates, highlights how their innovative strategies and expert management solutions drive the company’s role as one of the visionary industry leaders 1. How do you see the construction industry evolving in the Middle East over the next decade, and what trends should companies focus on to stay competitive? Since the COVID-19 pandemic, we’ve seen a surge in establishing small and medium-sized construction companies looking to capitalise on the current boom in projects of all scales. However, it’s clear we’re in an upswing in the economic cycle, and only the most professional…