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Tag: Abu dhabi

Construction & Real Estate

Forbes Middle East to host Building the Future Summit in Abu Dhabi

Forbes Middle East will host the second edition of its Building the Future Summit on June 23 and 24 at Conrad Abu Dhabi Etihad Towers, bringing together top government officials, real estate developers, investors, architects and technology innovators to discuss the future of urban development across the Middle East and North Africa (MENA)....

Construction & Real Estate

Investcorp unit buys over $200m US industrial real estate portfolio

Investcorp, a global alternative investment firm based in Bahrain, has announced that one of its key units, Investcorp Capital, has acquired a diversified US industrial real estate portfolio worth $200 million. It comprises 19 industrial properties spanning over 1.4 million sq ft across DFW, Chicago, Indianapolis and Cincinnati. ...

Construction & Real Estate

Trojan, Orascom Construction set up new water infrastructure JV

UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region....

Construction & Real Estate

Abu Dhabi solar capacity to top 30GW by 2035, says EWEC

EWEC (Emirates Water and Electricity Company) has revealed that it is increasing Abu Dhabi's solar capacity by almost 2,000 per cent between 2020 and 2030, with a forecasted 17.5 gigawatts (GW) of installed capacity. ...

Construction & Real Estate

Trojan Construction unit in deal to develop precast facilities in Al Ain

UAE-based Trojan Construction Holding has announced that its key subsidiary - Hi-Tech Concrete Products - has signed an agreement with Abu Dhabi International Pre-Cast Plant (ADIP) to operate a range of precast production units in Al Ain region, including multiple production plants spanning over 179,878 sqm. ...

Construction & Real Estate

$1.7bn Sphere Abu Dhabi to be built on Yas Island

Abu Dhabi is set to host the world’s second Sphere, a futuristic venue that is transforming live entertainment through its massive spherical design, ultra-high-resolution wraparound screens and cutting-edge multi-sensory technology. ...

Construction & Real Estate

Abu Dhabi launches new unified infrastructure governance framework

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework designed to accelerate approvals, strengthen coordination and enhance delivery across Abu Dhabi’s capital project ecosystem. ...

Construction & Real Estate

ALAIN breaks ground on Four Seasons Private Residences Abu Dhabi

ALAIN, a leading Abu Dhabi-based asset management company, has commenced construction of Four Seasons Private Residences Abu Dhabi at Saadiyat Beach, marking a key milestone in the delivery of the capital’s most prestigious beachfront residential offering....

Construction & Real Estate

Abu Dhabi launches $15bn new public-private partnership projects

Abu Dhabi Investment Office (ADIO) and Abu Dhabi Projects and Infrastructure Centre (ADPIC) have launched a new pipeline of public-private partnership (PPP) projects with a total value of AED55 billion ($14.98 billion), as part of the emirate’s wider PPP programme....

Construction & Real Estate

Abu Dhabi to boost locally-made building materials use in housing projects

Abu Dhabi Projects and Infrastructure Centre (ADPIC) and Abu Dhabi Housing Authority (ADHA) have signed an agreement at ‘Make it in the Emirates 2026’, the nation’s flagship industrial platform, to increase reliance on locally manufactured building materials across housing projects in Abu Dhabi to up to 80%....

Construction & Real Estate

Imkan signs up IHC unit to deliver financing across its contractor network

Imkan, a global master developer based in Abu Dhabi, has signed a strategic partnership with Zelo, a UAE-based private financing platform and unit of International Holding Company (IHC), to deliver embedded financing solutions to contractors and suppliers operating within its development ecosystem....

Construction & Real Estate

ACC undertakes delivery of 500 Ramhan Island luxury villas

Arabian Construction Company (ACC) has announced that work is underway on 500 luxury villas being developed by Eagle Hills as part of the landmark Ramhan Island development, situated off the coast of Abu Dhabi. Spanning over 4 million sq m, Ramhan Island is designed as a premier waterfront destination. ...

Construction & Real Estate

Abu Dhabi real estate activity stable; nets over $3.4bn in sales

Residential unit sales in Abu Dhabi during March and April remained stable, with April exceeding 3,200 residential units sold and AED13 billion ($3.45 billion) in sales value, said a report from the Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector. ...

Construction & Real Estate

Abu Dhabi opens solar-powered Al Dhannah Harbour after key upgrade

Abu Dhabi has announced the opening of its first fully integrated solar-powered community port - Al Dhannah Community Harbour - following its modernisation and expansion, adding key facilities including a public marina with 16 berths, 99 dry-parking spaces and two boat maintenance units. ...

Construction & Real Estate

Modon announces sell-out of 834-unit Reem Island development

Leading Abu Dhabi developer Modon has announced the complete sell-out of Tara Park, a residential development on Reem Island, with the project generating AED2 billion ($544 million) in sales. It comprises six residential towers with 834 apartments across one-, two-, and three-bedroom layouts. ...

Construction & Real Estate

ALAIN breaks ground on first Vida-branded homes in Abu Dhabi

Abu Dhabi-based asset management company ALAIN has officially begun work on the debut Vida-branded residences in the UAE capital. On completion, the Vida Residences Saadiyat Island will feature 121 fully furnished one-, two- and three-bedroom residences along with key amenities. ...

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