ROSHN Group and Agility Logistics Parks have signed an agreement to develop a Grade A logistics park in Saudi Arabia. The project will span up to 1.5 million square metres in a strategic trade corridor. By combining the expertise of a PIF-backed developer and a global industrial leader, the venture aims to improve supply chain resilience and support the Kingdom's goal of becoming a premier global trade gateway.
Egis has been named the project management consultant for the final stage of Phase 1 at Kuwait's Mubarak Al-Kabeer Port. The firm will supervise marine and onshore works to ensure the site on Boubyan Island becomes fully operational. This is a key part of Kuwait Vision 2035, aimed at transforming the nation into a major regional trade hub in partnership with China Communications Construction Company
BNW Developments has entered a major strategic partnership with China Railway No. 4 Engineering Group Co. Ltd. (CREC4) to accelerate its construction projects in Ras Al Khaimah. The collaboration is valued at approximately AED 1 billion and aims to utilize the engineering expertise of the Fortune 500 subsidiary to deliver high-end waterfront destinations. This move follows the completion of initial site works on several BNW projects and marks a shift into a high-speed execution phase for the developer.
Architectural firm RMJM has presented its latest mixed-use project in Riyadh’s Al Qairawan district. The development is characterised by a contemporary interpretation of Salmani design principles, using textured façades and vertical fins to manage the local climate. By breaking the massing into a collection of varied volumes, the design incorporates green terraces and shaded pedestrian colonnades at street level.
Holcim has announced a major expansion in Latin America through the acquisition of a majority stake in Cementos Pacasmayo for USD 1.5 billion. The deal brings a leading Peruvian building materials producer into the Holcim portfolio, adding 5 million tons of annual cement capacity and 28 concrete plants. Projected to close in the first half of 2026, the acquisition is expected to be immediately accretive to earnings per share.
Karma Urban Development has officially launched its first project in New Cairo, KAVI, a mixed-use development comprising commercial, administrative, and medical spaces. The company marked its entry into the Egyptian market by signing three cooperation protocols with leading engineering consultancy firms for the project’s execution and management.
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