Roshn Group is making significant strides with its raft of high-profile projects in the capital, including Sedra, its flagship integrated community, and the upcoming Warefa development. As part of its expanded portfolio, Roshn is also pushing ahead with plans for a stadium that will host several of the FIFA World Cup 2034 matches.

Sedra, spanning over 20m sqm is adjacent to Riyadh’s main airport and the Riyadh Expo 2030 site, and will feature 30,000 homes and 400 amenities across eight phases. The integrated community is also situated next to the retail and commercial area of Roshn Front.

The Public Investment Fund (PIF)-backed company says it has completed infrastructure for Sedra 1A and is in the process of handing over approximately 3,000 homes to owners in this part of the development, with the majority having been handed over in 2024.

Next door in Sedra is 1B, which features over 1,000 multi-family units and apartment buildings that are being built by AlKifah Contracting. Roshn has also signed an agreement with the National Water Company to jointly plan for the development of water utility services for each of its residential projects.

Further phases are under way; China Harbour Engineering Company is developing infrastructure for Sedra 2, which will include several thousand family villas being constructed by Shapoorji Pallonji.

Meanwhile, Sedra 3 and Sedra 4 will feature 3,400 and 2,500 units respectively, with the latter also housing the community’s first Saudi Sports for All Federation Dome. Other phases are in the design stage, with construction expected to begin soon.

In terms of services at Sedra, Roshn has signed an agreement with the Riyadh Region Municipality that covers the management, operation and maintenance of all municipal assets and infrastructure at Sedra’s first phase.

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Source: ME Construction News

AD Ports Group has announced the signing of a Memorandum of Understanding (MoU) with the Egyptian Ministry of Industry and Transport to explore joint development and operations in an integrated logistics Park in Alexandria. The signing took place in Cairo.

The firm will pursue a collaboration with HCMLT to explore developing, managing and operating 1.1sqkm of an Integrated Logistics Area, set to be one of the key logistics hubs on the Mediterranean Sea, at Alexandria Port. The port accounts for about 60% of Egypt’s foreign trade, according to government figures.

Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group said, “AD Ports Group partners with governments for the long-term development of their economies, inspired by the vision of our wise leadership. We are working with the Egyptian government to bring growth, jobs and prosperity to the people of Egypt. Today’s signing could lead to strategic infrastructure projects in the Mediterranean Sea region that would leverage Egypt’s global trade flows, driving economic growth and advancing the Group’s portfolio of value-added investments.”

Over the last three years, AD Ports Group has entered the Egyptian market with the acquisition of Egyptian maritime companies Transmar, TCI, and Safina B.V. The group has also signed long-term concessions to develop and operate cruise terminals at the Red Sea ports of Safaga, Hurghada, Al Sokhna and Sharm El-Sheikh, and to build and operate a multipurpose port in Safaga and a Ro-Ro terminal in Al Sokhna.

The UAE is Egypt’s second-largest trading partner and its biggest international investor, according to the Egyptian Commercial Service (ECS), with US $9.6bn invested in the country in 2023. The UAE has a trade volume of $6.9bn with Egypt in 2023, according to the UAE Ministry of Economy.

Over 1,600 Emirati companies are present in Egypt. In February 2024, the two countries signed a landmark agreement that will see the UAE invest $35bn to develop the Ras El-Hekma coastal region, 350 km northwest of Cairo.

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Source: ME Construction News

Yellow Door Energy announced its 2024 results, highlighting project milestones and sustainability progress. In 2024, the company added 32.7-megawatts-peak (MWp) to its portfolio, which includes its acquisition of five operating projects in Oman.

Jeremy Crane, Group CEO of Yellow Door Energy said, “In 2024, Yellow Door Energy commissioned 27 solar power projects across the UAE, Bahrain, Oman and South Africa. Our swift project execution reflects the exceptional collaboration amongst our teams and contractors, and aligns with the Net Zero ambitions of governments in the region. I extend my gratitude to all who contributed to accelerating the Just Energy Transition. We look forward to unveiling even more projects and reaching new milestones in 2025.”

Yellow Door Energy’s team conducted seven educational workshops for students across the UAE, Bahrain, Jordan and South Africa. Notable initiatives include – Project Daw in Jordan – co-funded by Actis Acts, this program delivered free training to 20 Jordanian youths on solar power system design, installation and maintenance. It also provided a solar power system to a community centre in Mafraq free of charge. INJAZ Solar Plant Tour in Bahrain – Yellow Door Energy hosted 20 secondary-level school students for an educational tour at its solar power plant at City Centre Bahrain.

The company’s projects are developed through innovative solar leases or power purchase agreements (PPAs), enabling business owners to transition to solar power and reduce electricity costs without incurring any upfront capital expenditure, said a statement from the firm.

The newly commissioned solar power plants feature 61,500 solar panels, utilising rooftop solar, ground-mounted solar and carport solar applications. More than 550,000 person-hours were dedicated to building the solar power plants, all completed with zero recordable incidents. This highlights the company’s commitment to quality, health, safety, security and environmental (QHSSE) practices and their strict implementation across all its projects.

Yellow Door Energy’s operational projects in the region have generated 842,000 megawatt-hours of clean electricity, equivalent to reducing carbon emissions by 328,000 metric tons. This achievement supports the Net Zero and clean energy ambitions of governments in the countries where the company operates.

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BNW Developments launched its latest project ‘Pelagia’ at Al Marjan Island in Ras Al Khaimah. The residential development promises a blend of elegance and investment potential, offering one-to-four-bedroom luxury apartments and premium retail spaces at a prime waterfront location.

The launch event was held at the sales office of BNW’s Dubai headquarters unveiling by BNW Developments’ Founder and Chairman, Ankur Aggarwal, alongside Co-Founder and Managing Director, Vivek Anand Oberoi.

Presenting the model of the project, Aggarwal said, “Pelagia is a serene paradise and a game changer for both investors and homeowners the project is a strategic choice for those looking to elevate their real estate portfolios.”

The 160-unit comes along amenities which can be cherished by residents of every age group, a rooftop infinity pool with a pool bar, jacuzzi, steam and sauna rooms, indoor and outdoor kids’ play areas, a kids’ swimming pool and splash pad, dedicated yoga and meditation spaces, all the apartments come fully furnished, and the project is set for completion by December 2027.

BNW Developments has a vision to redefine opulent living. The company has 8-10 projects in the pipeline, including collaborations with global brands in lifestyle, luxury, hospitality, and fashion delivering five-star lifestyle at competitive price points.

This includes upcoming projects across the UAE. With Pelagia, BNW Developments continues to push boundaries, offering a blend of sophistication, comfort, and investment opportunities. Branded residences are revolutionising the market by blending luxury with affordability, drawing strong interest from both local and international buyers, said a statement.

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KASCO Developments has launched VOLNA in Al Jaddaf Waterfront, its third residential project in Dubai. Following the success of ONDA and VAL, this new development further strengthens KASCO’s presence in the UAE since its debut in September 2024. The construction of VOLNA is already underway, with handover expected in Q2 2026.

Located along Al Jaddaf Waterfront, VOLNA is an 11-floor residential building featuring 65 designed homes. The project offers a diverse selection of residences, including studios, one-bedroom apartments, two-bedroom apartments, and three-bedroom apartments. Designed to cater to modern living needs, VOLNA blends functionality with aesthetic experience.

Mustafa Al Kaissi, Chairman of KASCO Developments said, “Today marks another significant milestone for KASCO Developments as we proudly unveil VOLNA, our third project in Dubai, located at the picturesque Al Jaddaf Waterfront. This achievement is a testament to our unwavering commitment to delivering exceptional living spaces that blend functionality with aesthetic excellence. Each residence at VOLNA has been meticulously designed to cater to the diverse needs and aspirations of modern residents, ensuring an unparalleled living experience.”

VOLNA is inspired by the rhythmic movement of waves, embodying adaptability in design. Each residence at VOLNA will have views of the canal and the Dubai Creek Harbor, bringing serenity and connection to nature in a resident’s life. VOLNA offers amenities for residents’ well-being and comfort including a fitness center, swimming pool, a Jacuzzi, sauna, co working space, sunbathing lounge.

Issa Abdul Rahman, CEO of KASCO Developments noted, “At KASCO Developments, we aspire to shape vibrant communities that inspire and uplift lifestyles. VOLNA is a shining example of this commitment. By seamlessly integrating design, innovation, and uncompromising quality, we ensure that our residents enjoy a truly exceptional living experience.”

Adham Younis, CEO of Evolutions said, “Our strong partnership with KASCO Developments continues to grow, and the launch of VOLNA, our second project together, reflects our shared commitment to delivering high-quality residences that enhance the living experience and create valuable opportunities for buyers. Following the remarkable success of VAL, which sold out by Evolutions sales team in just two weeks, VOLNA is set to build on that momentum.”

With a vision to develop and sell one million sqft of residential projects by the end of 2025, KASCO Developments plans to introduce new real estate concepts, incorporating modern design trends and technology to make their projects an attractive option for investors.

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TA’ZIZ has awarded a US $1.7bn engineering, procurement, and construction (EPC) contract to SAMSUNG E&A for the development of one of the world’s largest methanol plants in Al Ruwais Industrial City, in Abu Dhabi’s Al Dhafra region. Scheduled for completion in 2028, the plant will operate using clean energy from the grid, making it one of the most energy-efficient methanol production facilities globally.

The project marks a significant step in TA’ZIZ’s efforts to support the UAE’s economic diversification by establishing new domestic chemical value chains. The facility, with a production capacity of 1.8-million tonnes per annum (mtpa), will be the first methanol manufacturing plant in the UAE.

Mashal Saoud Al-Kindi, CEO of TA’ZIZ stated, “This major EPC contract award represents a crucial milestone in fulfilling TA’ZIZ’s vision to drive industrial growth in the UAE by developing a large-scale integrated chemicals ecosystem in the Al Dhafra region. The plant will reinforce the UAE’s leadership in sustainable chemicals production and further TA’ZIZ’s contribution to ADNOC’s global ambition in the chemicals sector.”

Hong Namkoong, President and CEO of SAMSUNG E&A commented, “SAMSUNG E&A is privileged to receive this recognition, reflecting both our and TA’ZIZ’s dedication to industrial innovation, economic diversification, and sustainable growth in the UAE. This achievement highlights the impact of collaboration in establishing world-class facilities that will position the UAE as a key global player in advanced methanol production.”

During its initial phase, TA’ZIZ aims to produce 4.7mtpa of chemicals by 2028, including methanol, low-carbon ammonia, polyvinyl chloride (PVC), ethylene dichloride, vinyl chloride monomer, and caustic soda. Many of these chemicals will be produced domestically for the first time, aligning with TA’ZIZ’s strategic objective to expand the UAE’s chemical value chain and promote economic diversification through industrial growth.

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Oman Electricity Transmission Company has announced the groundbreaking of its first-of-a-kind Masirah Island Interconnection Project. The project’s aim is to enhance development and ensure continuous improvement in the efficiency of electricity transmission; it will comprehensively apply best practices and adopt the latest technologies and innovations.

The scope of work includes the construction of a 132/33 kV Masirah Island Grid Station, a 132 kV subsea cable stretching 25km, a 132 kV underground cable 9km long, as well as establishing a transmission network in Masirah Island.

The project will address the increasing demand for energy and rising levels of consumption, thereby improving the quality of public services and supporting the local community, in addition to boosting the attractiveness of future investments.

At the groundbreaking ceremony held under the patronage of Minister of Energy and Minerals Engineer Salim Nasser Al Aufi, CEO Engineer Saleh Nasser Al Rumhi said: “OETC works diligently with maximum energy and highest capacities and capabilities to achieve the targets and aspirations at both the institutional and national levels. This is achieved by ensuring the efficiency and132 kV overhead lines expanding over 60km to link 400/132 kV Mahout with Masirah Grid Station.”

He highlighted OETC’s efforts to strengthen the electricity transmission network, raising efficiency and performance to global standards within internationally approved frameworks and standards. OETC, meanwhile, is keen to invest its competencies and expertise in developing the electricity sector in the Sultanate of Oman, in order to achieve the nation’s strategic goals and future aspirations.

The Masirah Island project is expected to reduce carbon emissions by more than 80,000t annually and thereby contribute to achieving the Sultanate of Oman’s Net Zero emissions by 2050.

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Source: ME Construction News

AD Ports Group has signed a shareholder agreement with the CMA CGM Group, a sea, land, air, and logistics solutions, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville, for which AD Ports Group received a 30-year extendable concession in June 2023.

With the signing, AD Ports Group and the CMA CGM Group formed a joint venture, majority-owned by AD Ports Group, to develop, manage, and operate New East Mole multipurpose terminal at the Port of Pointe Noire, which will handle containers, general, break-bulk and other types of cargo at the Central West African nation’s biggest Atlantic port, said a statement.

At the time it obtained the concession, AD Ports Group said it expected to invest about US $220mn to build a quay wall plus a logistics area, during Phase 1 of the project. With this new agreement, AD Ports Group and the CMA CGM Group are further cementing their partnership after the inauguration of CMA Terminals Khalifa Port last December, a $845mn container terminal that will eventually expand Khalifa Port’s container capacity.

The JV has confirmed that the terminal will be operated as a ‘multi-user’ facility and AD Ports Group will maintain controlling majority ownership in management and operation of the terminal and as such the operations will still be fully consolidated. The New East Mole multipurpose terminal at the Port of Pointe Noire has already placed an order for three Super Post-Panamax Ship-to-Shore (STS) cranes, which represent the latest generation in port equipment.

Mohamed Eidha Al Menhali, Regional CEO,  AD Ports Group said, “This agreement further enhances our strategic partnership with CMA CGM in several markets and projects along global trade lines, the latest of which was the inauguration of CMA Terminals Khalifa Port last December. Our collaboration at the port of Pointe Noire is a continuation of this association. We look forward to jointly developing and managing phase 1 of the New East Mole multipurpose terminal with the CMA CGM Group. We believe this partnership will position the Republic of Congo at the centre of maritime trade, in line with projections for annual growth of 3% to 5% in container volumes forecast for the country over the medium term.”

Christine Cabau Woehrel, Executive Vice President for Assets and Operations, CMA CGM Group added, “Our investment with AD Ports Group at the Port of Pointe Noire is a new milestone of our of our strategic collaboration between CMA T and AD Ports Group as we enable modern, sustainable ports and maritime infrastructure for the next wave of global trade. We look forward to bringing the operational and economic benefits of this collaborative, sustainable approach to The Republic of the Congo and to its importers and exporters. The multipurpose terminal is set to become a hub for trade and commerce in the region, enhancing job creation, providing knowledge transfer and connecting Congo-Brazzaville to global markets.”

Additionally, Pointe Noire will receive nine hybrid Rubber-Tyred Gantry Cranes (RTGs) and other associated handling equipment. These hybrid RTGs offer significant environmental benefits, reducing diesel consumption by up to 60%, cutting CO₂ emissions, reducing the carbon footprint, and promoting the sustainability goals.

The group said it successfully completed an Environmental and Social Impact Assessment (ESIA) for New East Mole terminal, which adhered to Congolese regulations and international best practices, including those set by International Finance Corporation (IFC) standards. The ESIA provided key recommendations to enhance the project’s social, community, and environmental performance during both the construction and operational phases.

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Source: ME Construction News

TBH has solidified its commitment to the Saudi Arabian market with the appointment of two senior leaders – Mike Belt and Alaa Arabi, who join its management team with the aim of driving growth and strengthening the company’s position in the Kingdom.

Mike Belt joins TBH as Country Director for KSA, bringing over three decades of experience, primarily in the Middle East, working on projects across a range of industries including oil and gas, mega mixed-used developments, themed entertainment, and resort development. Mike’s core areas of focus will be to lead and nurture the business’ growing team in the Kingdom, as well as play an instrumental role in driving new opportunities for business growth, aligning with TBH’s ongoing commitment to building a strong and sustainable business in Saudi Arabia.

“TBH has experienced a strong growth trajectory in KSA over the past five years – it is an exciting time to join the firm. I am delighted to be leading such a talented team and make a meaningful contribution in further strengthening TBH’s position in the market. Having worked across the Middle East region for most of my career, TBH’s firm commitment to the Saudi market was a key driver in my decision to join. We have ambitious goals and targets to meet in the coming years, and our people are at the centre of making these a reality, which is why I am incredibly excited to bring my expertise in staff leadership and development to TBH,” said Belt.

With 18 years’ experience, Arabi joins TBH as a Principal, bringing technical expertise in Project Controls, Planning & Scheduling, Cost Management, and Risk Management. He has previously worked on the delivery of mega and giga-programmes, including industrial cities, ports, metros, city development infrastructure, and heritage and cultural assets. As Principal, Alaa will be working closely with TBH’s new and current clients to support their project delivery – ultimately contributing to the success of Saudi’s 2030 Vision.

Arabi states, “As a specialist consultancy renowned for working on high-risk, large-scale and challenging projects around the world, joining TBH was a natural fit for me given my experience working on complex giga projects. TBH’s commitment to service delivery aligns fully with my work ethic and I am looking forward to working closely with our clients to elevate our service offering and continue in supporting on the delivery of some of the world’s most iconic projects in Saudi Arabia.”

TBH Director, Christopher Nicolas added, “This year TBH will celebrate its 60^thanniversary, and the Middle East market, particularly Saudi Arabia, has formed a core part of our overall business growth in recent years – with the Middle East now being TBH’s second largest business unit globally. I am delighted to welcome Mike and Alaa to our leadership team their individual experiences and knowledge will be instrumental in further enhancing our offering to our clients and will also provide additional senior management expertise to support our ongoing growth expansion in the region. Expanding our operations by opening a new office space, coupled with Mike and Alaa joining our Saudi leadership team, are just the first steps in a series of plans we have this year. As home to several bold and exciting projects, TBH is fully committed to the Middle East region and to providing solutions for a better tomorrow.” added Nicolas.

TBH has increased its footprint, expanding its operations with a move into a new, larger office space on King Fahd Road in Riyadh. The office move comes after five years of growth in the Kingdom.

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Source: ME Construction News

Dubai-based Select Group has acquired the Radisson Blu Hotel Dubai Media City for US $54.5mn, marking the highest-recorded hotel sale in Dubai’s Media Free Zone. The transaction, brokered by Knight Frank MENA, highlights the continued strong investment appeal of Dubai’s hospitality sector, which has seen twelve hotel transactions in the past 18 months, with Knight Frank handling nine of them, said a statement.

As part of its expansion strategy, Select Group plans to undertake refurbishment of the business-centric hotel, which is situated near the regional headquarters of META, Pfizer, Samsung, and Mastercard. The renovation will focus on upgrading rooms, public areas, and food and beverage venues to fill what Select Group identifies as a critical gap in Media City’s hospitality offerings.

Rahail Aslam, Founder and Chairman of Select Group said, “We are excited to announce the acquisition of the Radisson Blu Hotel, Dubai Media City, marking a pivotal milestone in our ongoing commitment to securing prime assets in strategic locations. The property will undergo a comprehensive refurbishment to enhance the experience for both travelers and residents.”

Andrew Love, Regional Partner and Head of Capital Markets at Knight Frank MENA highlighted, “The sale of the Radisson Blu Hotel, Dubai Media City is a testament to Dubai’s continued evolution as a global hotspot for hotel investment. As the highest recorded hotel sale transaction in the Media Free Zone, it demonstrates the value of strategically located assets in Dubai’s thriving market.”

The purchase was executed through Select M City, subsidiary of Select Investments Limited, with Baker McKenzie and Wisefields serving as legal advisors. This acquisition further solidifies Select Group’s commitment to enhancing hospitality experiences in key locations, ensuring long-term growth and value creation in the sector.

Select Group is expanding its portfolio with a development portfolio exceeding 20m sqft and a gross development value of $9.574bn. This expansion solidifies the company’s position in the property development landscape. Select Group has delivered over 7,000 homes and has 6,000 additional units in the pipeline, further enhancing its reputation in the industry.

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Source: ME Construction News