Author: Kasun Illankoon

Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, signed an agreement with Sobha Realty, one of UAE’s leading premium real estate developers, to provide environmentally district cooling services to the developer’s mixed-use projects, most notably the Sobha Hartland master community with a capacity of 17,000 refrigeration tons (RT). As part of the agreement between the two companies, Sobha Hartland will join Empower’s extensive district cooling portfolio and Empower will provide world-class district cooling services across eight buildings of Sobha Hartland project by extending the distribution network from company’s Meydan district cooling project. The agreement…

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Leading regional design-build contractor AMANA is consolidating its leadership in modular construction with a new factory in Rabigh, Saudi Arabia. The factory is a response to the surging demand in the Kingdom for offsite manufacturing technologies enabled by DuBox and is vital to successful project delivery for the Kingdom’s raft of ambitious hospitality and entertainment projects. DuBox shifted 85% of construction from its Saudi megaproject sites such as Qiddiya and Red Sea Global’s tourism destinations to its Rabigh factory. AMANA has been at the forefront of disrupting the construction sector, making it faster, safer, greener, and smarter, by leveraging technology…

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ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed yesterday three Power Purchase Agreements and Investment Agreements with Uzbekistan’s Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade. The agreements include the development of three solar photovoltaic (PV) projects in Tashkent and Samarkand and three Battery Energy Storage Systems (BESS) in Tashkent, Bukhara and Samarkand, with a total capacity of 1.4 GW of additional renewable energy and 1.5 GWh of additional battery storage capacity. The Tashkent projects will include a 400…

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J1 Beach at La Mer, Merex Investment’s upcoming flagship beach resort destination in the heart of Jumeirah, has announced the appointment of ARCO Turnkey Solutions as the lead construction contractor for the project. The planned redevelopment of La Mer into a beachfront, resort destination reflects Merex Investment’s strategic focus on creating enduring value through identifying market opportunities and reshaping their offering to fulfil customer needs. J1 Beach at La Mer will feature a cohesive customer experience and intentionally designed touchpoints that would set it apart from existing attractions in Dubai. Set to be the next must-visit destination in Dubai, J1…

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Saudi Downtown Company, a fully-owned subsidiary of the Public Investment Fund that will develop downtown projects and destinations in 12 Saudi cities, signed MoUs with the Gas Solutions Company, the National Water Company, RedSea, Badia Farms Agriculture Company, and Mowreq Specialized Agriculture. The five MoUs were signed during the PIF Private Sector Forum in Riyadh. “Saudi Downtown Company’s vision is to be the partner of choice for enhancing the attractiveness and competitiveness of our cities, creating a vibrant society and a thriving economy. The company is keen on collaborating and partnering with the private sector and the local business community…

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Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has launched its signature seafront project Mar Casa with a total value of AED 1.1 billion, redefining the region’s urban life and reinventing the boundaries of conventional luxury. A residential destination at Dubai Maritime City where heritage meets modernity, Mar Casa is perfectly connected to the old city as well as the financial centre of Dubai and the beautiful Jumeirah area. Dubai Downtown, with its landmarks Dubai Mall and Burj Khalifa, is only ten minutes’ drive away. Mar Casa presents iconic architecture that seamlessly blends the…

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MAG, the leading real estate developer in the UAE, has announced the launch of 90 villa plots for sale at its Keturah Reserve, the AED 3 billion luxury residential development in Mohammed Bin Rashid City, District 7 in Meydan, which offers transformational living through the design of space. The plots, which range from 480 – 1,080 square metres, will enable buyers to develop their own villas in line with the overall Keturah Reserve master development, scheduled to be completed by Q2 2025. Keturah Reserve will feature 93 townhouses, 90 villas, 540 units across six apartment block buildings, and eight penthouse…

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Following the success of its 2022 online Timed Auctions in Dubai which saw strong international buyer participation, Ritchie Bros. saw a 24% increase in excavators sold at the Dubai site in 2022 compared to the year before. The company’s March auction presents another large line up of excavators to bid on.  With a tightened supply of new equipment and improved productivity in the construction industry, demand for used equipment and heavy machinery continues to remain strong in the first quarter of 2023. Continuing effects of chip shortages, manufacturing delays and other market conditions underpin the demand for used and…

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After careful deliberation we can now announce the shortlist for the CBNME MEP Awards 2023 is officially released. The winners and highly commended will be announced on March 20th at Sofitel the Palm, Dubai. CBNME MEP Awards 2023 is one of the leading events applauding the achievements of the region’s construction professionals. The awards strive to recognise individual excellence, corporate strengths, and project success. Companies are invited to nominate the people, projects, and initiatives of which they are most proud of. MEP Contractor of the Year ALEMCO China State Construction Engineering Corporation Orascom MEP Consultant of the Year…

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Abu Dhabi Waste Management Company (Tadweer) has signed a Memorandum of Understanding (MoU) with the Greater Amman Municipality (GAM) in the Hashemite Kingdom of Jordan, to explore investment opportunities in the waste management sector. The MoU was signed in the presence of His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, President-Designate for COP28 and UAE’s Special Envoy for Climate Change; Dr. Bisher Khasawneh, Jordanian Prime Minister; and Dr. Muawieh Radaideh, Jordanian Minister of Environment. The agreement was signed by Eng. Ali Al Dhaheri, Chief Executive Officer of Tadweer and H.E Dr. Yousef Al-Shawarbeh, Mayor…

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