City Walk expansion; Hatta Waterfalls; Nakheel new villas at Palm Jebel Ali; UAE Holidays

From expansion projects and sustainable waterfalls, to waterfront developments and the top construction contracts in August, this week saw a variety of updates, proving the Middle East’s hustle and bustle as we move closer to the end of the year.

The UAE has announced a 3-day long weekend for Prophet Muhammad’s Birthday on 27 September. Meanwhile, ahead of the Saudi National Day, Construction Week Middle East honours the top contractors in the kingdom.

Projects that took the centre stage this week include the City Walk expansion, Hatta’s sustainable waterfalls, Danube’s Oceanz projects, and Nakheel’s real estate launch at Palm Jebel Ali.

It has been a busy week for the construction industry and we’ve rounded up the top-performing stories that you might’ve missed out below:

Top 15 construction contracts in August 2023: Orascom, Parsons, Red Sea International, and more

The Middle East’s commitment to urbanisation and innovation is unmistakable, particularly when we examine the surge in construction and infrastructure projects awarded in the month of August.

As we inch closer to the end of 2023, the construction scene continues to radiate with vitality and growth, leaving no room for monotony as it gears up to end the year with a bang.

Click below to view the contractors that stood out with their contract wins in August 2023.

UAE Holidays: Upcoming 3-day weekend announced in 2023

The UAE is eagerly looking forward to the upcoming public holiday, and fortunately, residents won’t have to wait long for the next holiday to arrive.

Prophet Muhammad’s birthday (PBUH) is anticipated to occur later this month, specifically on September 27th.

According to the official holiday calendar released by the UAE government, the holiday to commemorate Prophet Muhammad’s birthday (PBUH) has been scheduled for September 29th. This results in a three-day weekend for the public and private sector.

Saudi National Day 2023: Honouring the top contractors in the kingdom

As Saudi Arabia prepares to celebrate its National Day on 23 September 2023, the nation stands at the threshold of a bright and dynamic future, guided by its Vision 2030 blueprint.

At the heart of this transformative journey are the visionary contractors and construction companies whose dedication, innovation, and commitment have played a pivotal role in shaping the landscape of the kingdom.

The Saudi National Day is a momentous occasion that commemorates the unification of the Kingdom by King Abdulaziz Al Saud in 1932. It is a day of immense pride and patriotism, marked by festivities, parades, cultural events, and an outpouring of national spirit.

This year, as?Saudi Arabia?marks its 91st National Day, we take a moment to recognise and celebrate the unsung heroes behind the nation’s remarkable growth – the contractors who have built the foundations of modern Saudi Arabia.

Full list below.

Hatta Sustainable Waterfalls: Major $13mn project to boost tourism in the city

Saeed Mohammed Al Tayer, the MD & CEO of Dubai Electricity and Water Authority (DEWA), recently conducted an inspection of the ongoing construction at the Hatta Sustainable Waterfalls project, a venture valued at 46 million UAE dirhams ($13 million).

The project forms part of DEWA’s social responsibility agenda, with the aim of turning Hatta into a unique tourist attraction, as stated in a press release by the DFM-listed utility.

Saeed Mohammed Al Tayer emphasised that the Hatta Sustainable Waterfalls project has a transformative role to play in?Hatta’s development. It aspires to elevate Hatta into a thriving tourism and investment hub while preserving its rich heritage and natural allure.

Dubai City Walk expansion: To add 65 new stores including Brass Monkey, Daikan, and more

Dubai’s City Walk, an aesthetically driven lifestyle destination under the management of Merex Investment, has unveiled an ambitious expansion strategy. This comprehensive plan entails the introduction of 65 new stores, all slated to commence operations by the conclusion of 2023.

This strategic expansion endeavor is poised to elevate City Walk’s occupancy rate to an impressive 98%, firmly establishing its status as a thriving mixed-use center boasting an extensive retail portfolio of more than 250 stores.

Over the last two years,?Merex Investment?has meticulously executed a strategic leasing initiative, adeptly aligning City Walk with the evolving preferences of its discerning clientele.

Palm Jebel Ali: Nakheel launches first villas on new man-made Dubai island

Nakheel, the Dubai-based world-leading real estate master developer, has launched one of its most visionary projects, Palm Jebel Ali to the market, announcing the release of the first villas available to purchase on the island.

This follows the recent unveiling of the new futuristic masterplan by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai in June, earlier this year.

The highly anticipated release centres around four fronds which feature Coral villas and Beach villas, each of which are available in eight unique styles. Both types of villas draw inspiration from the beauty of nature and set the scene for the future of Palm Jebel Ali as a residential and lifestyle destination of choice.

Saudi jobs: ROSHN HR department shares tips on how to get a job with the company

In the heart of Saudi Arabia’s booming real estate industry, ROSHN stands tall as one of the kingdom’s largest and most prestigious real estate developers.

With a reputation for visionary projects and a commitment to excellence, ROSHN offers a world of opportunities for construction professionals looking to make their mark in the industry.

Construction Week Middle East?had the privilege of sitting down with?ROSHN‘s Group Chief Human Resources Officer, Nasreen Al-Dossary, who shared invaluable insights into the hiring process and what it takes to join the ranks of this esteemed organisation. Below are the key takeaways from our conversation.

Danube launches its 25th project ‘Oceanz’ in Dubai Maritime City

Riding high on strong investor demand, Danube Properties, the fastest-growing private real estate developer in the UAE, has launched Oceanz. Oceanz with a development value exceeding $681.2 million –once built at the Dubai Maritime City, will offer unlimited views of the magnificent Arabian Gulf and a new leisure and cruise tourism hub next to the historic Shindagha heritage village.

When completed in the first quarter of 2027, Oceanz will rise 51 floors above the ground including a six-level podium filled with car parking and community facilities with 44 floors of residential properties, and deliver 1,250 residential units including studio apartments, 1-bedroom, 2-bedroom and 3-bedroom apartments and a few retail stores.

That's all for this week. Thank you for reading!

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