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Tag: Abu Dhabi

Construction & Real Estate

Tabreed posts solid growth for first nine months; revenue soars to $509m

Tabreed, a leading district cooling company, has recorded solid results for the first nine months with its group revenue surging to AED1.87 billion ($509 million), thus reflecting the resilience of its fixed capacity revenues backed by long-term concession agreements....

Construction & Real Estate

Bilfinger lands Feed contract for UAE’s first LPG terminal hub

Global industrial services provider Bilfinger has announced that it has secured a major contract from Nimex Terminals to provide comprehensive engineering services for the development of the UAE’s first Liquified Petroleum Gas (LPG) terminal hub being set up at Abu Dhabi....

Construction & Real Estate

Abu Dhabi real estate 9-month transactions soar to $25.6bn

Abu Dhabi’s real estate market recorded a total trading volume of AED94 billion ($25.6 billion) across 29,400 transactions during the first nine months of 2025, marking a 43.3% increase in value and a 48% surge in transaction volume compared with the same period last year....

Construction & Real Estate

RIQ, Masdar join forces to boost risk transfer for clean energy projects

RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of IHC, has signed an agreement with Abu Dhabi-based Masdar to design tailored capital efficient reinsurance solutions for renewable energy infrastructure....

Construction & Real Estate

IHC says no plans to sell stake in Aldar Properties

IHC, the Abu Dhabi headquartered global investment company focused on building dynamic value networks, on Thursday reaffirmed that it does not intend to pursue the sale of its shareholding in Aldar Properties....

Construction & Real Estate

L’imad Holding buys shares of majority stakeholders in Modon Holding

L’imad Holding, a company wholly owned by the Abu Dhabi government, has acquired shares in Modon Holding from International Holding Company (IHC) and Abu Dhabi Development Holding Company (ADQ), thus bringing its ownership in Modon to 84.76%. ...

Construction & Real Estate

Abu Dhabi event celebrates women leaders in project management

The UAE network of Association for Project Management (APM) organised a key event in Abu Dhabi to highlight the contribution of women leaders in the project management sector in the region. It was held under the theme ‘Transform Tomorrow’, to reflect that change is constant, and how we live and work is being reshaped. ...

Construction & Real Estate

UAE investment group MAIR seals Al Reem Island property deal

MAIR Group, a strategic investment company focused on grocery retail and commercial real estate in the UAE, has signed a sale and purchase agreement for a land plot located in Abu Dhabi's Al Reem Island, with a transaction value of AED85 million ($26 million). ...

Construction & Real Estate

ST Engineering unit to build Abu Dhabi's first multimodal ITCP

ST Engineering, a global technology and engineering group based in Singapore, said one of its key subsidiaries has secured a major contract from to design, build and maintain Abu Dhabi's first multimodal Intelligent Transportation Central Platform (ITCP). ...

Construction & Real Estate

Mered signs up Herzog & de Meuron for Abu Dhabi waterfront project

Mered, a leading project developer, has partnered with top Swiss architectural firm Herzog & de Meuron for its new waterfront project - Riviera Residences - in Abu Dhabi featuring 400 apartments and 12 exclusive villas, including sky and ocean villas. ...

Construction & Real Estate

Yas Bay Waterfront unveils six new openings

Yas Bay Waterfront in Abu Dhabi is ramping up its appeal with six new concepts and two nearing-completion beach developments. The openings are set to redefine dining and entertainment in Abu Dhabi....

Construction & Real Estate

Aldar Estates JV to deliver AI smart parking solutions in Abu Dhabi

Aldar Estates has joined forces with Parkonic, the largest parking operator in the region, to set up a new venture that will deploy seamless, AI-powered parking solutions across its diverse portfolio of managed communities in Abu Dhabi and Al Ain. ...

Construction & Real Estate

G42's prime AI infrastructure cluster set for 2026 handover

Abu Dhabi-based G42 has announced steady progress on its key development - Stargate UAE - a large-scale AI infrastructure cluster being developed by Khazna. The facility, a part of 5GW UAE–US AI Campus in Abu Dhabi, is on track for 2026 handover. ...

Construction & Real Estate

Souk Al Jubail unveils retail partners lineup at Abu Dhabi's lifestyle hub

Jubail Island has announced the first wave of premium retail partners set to open at Souk Al Jubail, a pivotal milestone in establishing the island’s social heart as a premier destination for refined living. These openings mark the next stage in Jubail Island’s development. ...

Construction & Real Estate

Albatha Group opens new office in Abu Dhabi

Albatha Group, one of the UAE’s most established and diversified groups, has inaugurated its new office in the capital, with the official opening ceremony which took place earlier this month....

Construction & Real Estate

AD Ports signs $672m land sale deal with Mira Developments

AD Ports Group, a leading global enabler of trade, logistics and industry, has signed a land sale agreement with Mira Developments, for the development of one of the largest mixed-use communities in the Al Mamoura district of Abu Dhabi....

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