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Infrastructure and Property

Infrastructure and Property latest

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island
December 21st, 2025 - 03:09 GMT

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED 5 billion, the contract is the largest awarded for residential in Abu Dhabi in 2025. The contract is for construction of 735 luxury villas, underscoring Modon’s commitment to delivering projects to the highest global standards. Homes will be positioned on the world’s largest man-made hills, rising to heights of 45 and 55 metres respectively – a first for residential developments in the area ...
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The property was sold to family holding entities related to Shahid Khan, founder of Flex-N-Gate Group and CEO of the Jacksonville Jaguars and the London-based Fulham Football Club. (AFP/Fayez Nureldine)
October 3rd, 2016 - 06:30 GMT

Saudi Prince Al Waleed bin Talal sells Toronto Four Seasons for $170M

The awarded tenders were for projects related to roads, sanitary engineering and construction. (Shutterstock)
October 2nd, 2016 - 08:00 GMT

Bahrain opens bids for $17.8M in infrastructure projects

Egypt has been scrambling to attract investment needed to restore growth since the 2011 uprising, which ushered in protracted political turmoil and scared away tourists and foreign investors. (Wikimedia Commons)
September 27th, 2016 - 06:30 GMT

Egypt seeks $10B FDI for major infrastructure upgrades

Build-operate-transfer (BOT) port projects have also seen a high failure rate, including Aqaba New Port in Jordan. (Construction Week Online)
September 26th, 2016 - 08:30 GMT

Nearly a quarter of Gulf public-private partnerships have collapsed: MEED

The Dh4-billion medical city will accommodate 732 hospital beds, including two royal and 36 VIP suites, 424 hospital beds for post-operative inpatients and 120 for the maternity and infant ward. (Seha)
September 26th, 2016 - 07:30 GMT

Abu Dhabi's billion-dollar Medical City set for handover in 2017

Headquarters of Kuwait Projects Company (Kipco), the country's largest investment company. (Kipco)
September 26th, 2016 - 05:30 GMT

Kuwait Projects Company breaks ground on $2.5B real estate project

Costa Brava is one of two landfills of a government plan to end the country’s trash crisis, which began July of last year with the closure of the Naameh landfill after 17 years of operation. (The Daily Star/ Hasan Shaaban)
September 25th, 2016 - 07:30 GMT

Waste not, want not: Lebanon's trash problem back to the fore with landfill protesters

Fujairah Port is already the world's second largest bunkering hub. (FujairahPort.ae)
September 22nd, 2016 - 05:00 GMT

UAE opens country's first VLCC berth in Fujairah

Turkish contractors have so far completed approximately $6.3 billion projects in Kuwait. (Wikimedia Commons)
September 21st, 2016 - 07:00 GMT

Turkey eyes over 500 investment opportunities in Kuwait

More than 70 per cent of Afghans have no regular access to electricity. Charbagh village in Nangarhar province, Afghanistan. (AFP/Noorullah Shirzada)
September 20th, 2016 - 04:56 GMT

Afghanistan taps UAE for $6B in infrastructure projects

The Seattle purchase follows a $180M acquisition in Washington DC in February 2016. (Pixabay)
September 19th, 2016 - 04:29 GMT

Bahrain's Investcorp acquires Seattle office block for $223.5M

The newly announced dates for signing the contracts comes following a series of delays. (File photo)
September 18th, 2016 - 09:00 GMT

Progress at last? Renaissance Dam study contracts to be signed this week

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