Construction & Real Estate

RAK Ceramics Q2 profit rises on big UAE, Saudi demand

RAK Ceramics, a leading UAE ceramics brand, has reported a higher second-quarter net profit, which surged by 2.9%, while its revenue hit AED823 million ($224 million) supported by demand in UAE, Saudi Arabia and Bangladesh despite regional disruptions and higher logistics costs. ...

Construction & Real Estate

BNW in deal to develop world’s first Dolce Residences by Wyndham in RAK

BNW Developments has sealed a strategic partnership with Wyndham Hotels & Resorts for the debut launch of its branded Dolce Residences Ras Al Khaimah on Al Marjan Island. Set for 2028 handover, it will feature 93 premium residential units and five exclusive retail spaces. ...

Construction & Real Estate

Modon, Nammos to develop luxury lifestyle destination in Egypt

Abu Dhabi-based Modon Holding has joined hands with hospitality brand Nammos for the launch of its first fully integrated destination in Egypt - Nammos Ras El Hekma. Part of the $35 billion Ras El Hekma masterplan, it will boast branded homes, a luxury resort, restaurant and beach club. ...

Construction & Real Estate

Volvo CE names new marketing, communication head

Volvo Construction Equipment (Volvo CE) has appointed Åsa Alström as its new Head of Brand, Marketing and Communication, effective April 1. A veteran with 20 years experience, Åsa succeeds Bill Law, who has taken on a new role supporting the development of Volvo’s defence business. ...