Construction & Real Estate

Grovy Developers breaks ground on Ramada boutique branded homes

UAE-based Grovy Developers has broken ground on Ramada Residences by Wyndham at Dubai Islands, its boutique branded homes featuring a collection of one- to three-bed apartments along with four-bedroom penthouses. The project is being developed in partnership with USquare Luxe Properties....

Construction & Real Estate

Acwa Power snaps up Engie’s strategic GCC utility assets for $693m

Acwa Power, a global utility leader, said it has successfully completed the acquisition of French energy major Engie’s strategic gas-fired power generation and water desalination assets in Kuwait and Bahrain along with the related O&M companies for $693 million. ...