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News by Gary Ng

Eli Lilly Breaks Ground on $5bn Virginia Manufacturing Plant

Eli Lilly Breaks Ground on $5bn Virginia Manufacturing Plant

The Virginia site will make antibody drug conjugates, with its first building due to open in 2030.

Hard Rock breaks ground on $725m hotel expansion at Tejon casino

Hard Rock breaks ground on $725m hotel expansion at Tejon casino

A 406-room hotel, 900 more slots and a 13-room spa are due at the California resort in summer 2028.

Tadweer breaks ground on 400,000-tonne Abu Dhabi recovery facility

Tadweer breaks ground on 400,000-tonne Abu Dhabi recovery facility

Urbaser is building the plant and will run it for five years in a 60:40 JV with Tadweer.

flydubai readies $190m Dubai South maintenance centre for 2027 opening

flydubai readies $190m Dubai South maintenance centre for 2027 opening

The 32,600 sq m centre at MBRAH will employ 400 technical staff once it is running.

Deyaar posts $147.5m nine-month profit before tax, up 27%

Deyaar posts $147.5m nine-month profit before tax, up 27%

Deyaar has handed over more than 2,100 units across Dubai since the start of 2026.

Saudi construction costs rise 2.2% in September on equipment rental

Saudi construction costs rise 2.2% in September on equipment rental

Non-residential costs climbed 2.6% and residential costs 2.1% against September 2025.

Dubai’s $10m-plus home sales slow to 86 in Q3 2026

Dubai’s $10m-plus home sales slow to 86 in Q3 2026

Palm Jumeirah led with 27 deals as prime prices fell 5%, the first drop since 2020.

Ooredoo and Zain combine 4,000 towers in first regional platform closing

Ooredoo and Zain combine 4,000 towers in first regional platform closing

Al Abraj in Qatar and ITK in Kuwait are the first portfolios in the 50:50 tower platform.

Leaders behind $8.17bn in real estate sales launch BRDG House in Dubai

Leaders behind $8.17bn in real estate sales launch BRDG House in Dubai

Wissam Breidy and Paula Gambrell found a strategic development partner for developers and investors.

Zoya Developments launches Elvora in Dubai Land Residence Complex

Zoya Developments launches Elvora in Dubai Land Residence Complex

Zoya’s launched and pipeline Dubai projects now top $326.8m, two years after its market entry.

UK government seeks contractors for $54m Queen Elizabeth II memorial

UK government seeks contractors for $54m Queen Elizabeth II memorial

DCMS is sounding out a main contractor and a bridge specialist for the St James’s Park works.

HG Construction wins $301m Manchester housing contracts

HG Construction wins $301m Manchester housing contracts

The contractor will build 895 homes on two Red Bank plots for Far East Consortium.