Amaala, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, has awarded Tamimi Global Company (Tafga) the design-and-build contract for the construction of the first stage of the Triple Bay Construction Village.

Arabtec Holding, a UAE-based contractor for social and economic infrastructure, has won approval from its shareholders to file for liquidation due to its untenable financial position following the fallout from the coronavirus pandemic, reported Reuters.

Shapoorji Pallonji Group, a leading Indian business conglomerate with interests in construction and real estate sector, is fast expanding its operations in the GCC, including in Saudi Arabia, with several of its major projects under way in the kingdom, reported Arab News.

UAE-based developer Arada has awarded the infrastructure works contract for Phase Two of Aljada, a Dh24-billion ($6.53 billion) mixed-use community coming up in the heart of New Sharjah.

ODS Global wins Damac towers maintenance contract Leading developer Damac Properties has signed up Dubai-based automation systems and connected buildings service provider ODS Global to optimise operations and maintenance across 24 of its towers in the UAE emirate.