UAE-based fäm Properties has announced that it has facilitated the sale of 40,000 sq ft of office space at Vision Tower in Business Bay for a record AED124 million ($33.8 million). It is the biggest commercial real estate deal of its kind recorded in Dubai. ...
Dubai Electricity and Water Authority (Dewa) has announced that it has set a new world record for the lowest electricity customer minutes lost (CML), at just 0.82 minutes (about 49 seconds) per year. With this, the Dubai utility has surpassed its own previous world record of 0.94 minutes in 2024. ...
Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has achieved a major construction milestone with the completion of 7,193 cu m of concrete pouring within a record 15.5 hours for the Gyratory Tunnel Extension in Phase II of the giga Diriyah project. ...
UAE developer Al Hamra has achieved a key milestone with the sale of the Sky Palace at its prime development - Waldorf Astoria Residences Ras Al Khaimah - for $35.4 million, marking the highest-value single-unit residential transaction ever recorded in the northern emirate. ...
Dubai has recorded its strongest residential year on record for 2025, with the total sales value reaching AED547 billion ($149 billion), up 28% year-on-year, across 203,000 transactions as demand, liquidity and prices all advance together, said a new report. ...
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has delivered a historic production record of 1.623MT in 2025 over the previous year's figure of 1.622 MT, thus underscoring its resilience, disciplined operations and commitment to sustainable growth. ...
