• MAG breaks ground on $2bn Dubai mixed-use development

    OVER 5,000 RESIDENTIAL UNITS
    UAE-based MAG Development has broken ground on the ‘Mag City, a $2-billion mixed-use project featuring a total of 5,100 residential units in addition to retail and other amenities located at Meydan District 7 in Mohammed Bin Rashid City, Dubai.

  • Musanada completes 60pc work on key Abu Dhabi island project


    Abu Dhabi-based Musanada said work is progressing well on the Dh1.13 billion ($307 million) Sheikh Zayed bin Sultan Road extension project at Umm Lafina and Al Reem Islands with more than 60 per cent project already completed.

  • Eagle Hills completes key work at Marassi Al Bahrain residences


    Eagle Hills Diyar, the developer of Bahrain's iconic waterfront project Marassi Al Bahrain, said it has achieved significant milestones this year including the completion of the upper ground floor slab on Address Residences Marassi Al Bahrain.

  • JIIC awards Abu Dhabi island infrastructure works contract


    UAE-based Jubail Island Investment Company (JIIC) has awarded a major infrastructure works contract to Gulf Contractors Company for its Dh5-billion ($1.36 billion) Jubail Island project launched in Abu Dhabi.

  • MEA power plant tenders activity down 36pc in Q3

    T&D EQUIPMENT TOP THE LIST
    There has been a sharp drop in the tender activity linked to the power plant projects across the Middle East and Africa (MEA) region during the third quarter with only 29 such bids announced over last 12-month average of 45, said a report.

  • Emaar launches sale of premium Dubai Creek Harbour tower


    Leading Dubai developer Emaar has announced the sales launch of Vida Residences Creek Beach, a premium waterfront development featuring a luxurious collection of one-, two- and three-bedroom apartments, located at Dubai Creek Harbour.

  • Majid Al Futtaim JV wins Frost & Sullivan FM award


    Majid Al Futtaim, a leading mall developer and leisure pioneer, said its joint venture with French resource management group Veolia has won the 2019 UAE Facility Management Services Customer Value Leadership Award from Frost & Sullivan Middle East.

  • Oman to award key solar-diesel hybrid project contract


    Oman's Rural Areas Electricity Company (Tanweer) is set to award a contract for the development of 11 small-scale solar PV-diesel hybrid projects in the sultanate, which are being built on a build-own-operate-transfer (Boot) model, said a report.

  • Saudi transformer market ‘to decline in 5 years’


    Saudi Arabia’s power and distribution transformer market revenues are projected to decline at a compound annual growth rate (CAGR) of 0.3 per cent during 2019-25, said 6Wrsearch in a new report.

  • UPS completes delivery of Dubai Expo 2020 entry portals


    UPS, an American multinational package delivery and supply chain management company, said it has completed a series of multi-modal deliveries for Expo 2020 Dubai’s iconic entry portals in the run-up to the official opening of the gala event next year.

  • Hyatt opens new 204-room property in Jumeirah


    Global hospitality group Hyatt has officially opened the fourth property under its modern essentials brand portfolio in the UAE. The Hyatt Place Dubai/Jumeirah boasts a total of 204 guestrooms and 84 fully furnished residences.

  • Mabanee to start Avenues Bahrain Phase Two work in Q1

    38,000 sq m LEASABLE AREA
    Kuwait-based real estate development company Mabanee said work is set to begin in the first quarter of 2020 on Phase Two of The Avenues - Bahrain, a premium waterfront project, that will add a leasable area of 38,000 sq m to the development.

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MAG breaks ground on $2bn Dubai mixed-use development

UAE-based MAG Development has broken ground on the ‘Mag City, a $2-billion mixed-use project featuring a total of 5,100 residential units in addition to retail and other amenities located at Meydan District 7 in Mohammed Bin Rashid City, Dubai. ...



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