UNITED ARAB EMIRATES
Project: Esports Island
Value: USD 1,000,000,000
Client: True Gamer
Website: www.truegamers.world
Gaming lounge operator True Gamers has unveiled plans to build Abu Dhabis first esports island within Al Raha Beach area. A first-of-its-kind project globally, it will boast a luxury hotel, hi-tech venues for gaming tournaments and other key amenities. The proposed spot is at the heart of one of the city’s quickly growing neighborhoods, facing Yas Island on one side and Raha Beach’s housing developments on the other. One possible location for the esports Island project is between Al Bandar and Al Dana developments in Al Raha Beach. It could cost an estimated $1 billion with True Gamers committing between $280 million and $300 million. A hotel is also being planned for the island, called GG Resort, with 200 rooms, each equipped with gaming PCs.
UNITED ARAB EMIRATES
Project: Yas Canal Residential Project
Value: USD 953,000,000
Client: Abu Dhabi Housing Authority
Website: www.adha.gov.ae
Abu Dhabi is set to build a new housing project worth AED 3.5 billion to deliver more than a thousand homes. The project is scheduled for completion in the last quarter of 2027. It is being overseen by the Abu Dhabi Housing Authority, in cooperation with the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company. The Yas Canal residential project will be built on an area spanning 1.8 square kilometres. Besides villas, the project will feature three mosques, a school, a gym, as well as various amenities and shops. The villas will have three to six bedrooms, offering living spaces ranging from 350 to 525 square metres. The villas will be built on plots ranging from 600 to 780 square metres. Residents who want to buy villas within the development can secure a housing loan from the Abu Dhabi Housing Authority.
KUWAIT
Project: Logistics City
Value: USD 660,000,000
Client: Kuwait Ports Authority
Website: www.kpa.gov.kw
Kuwait has embarked on a project to build a logistics city at a cost of around 200m Kuwaiti dinars ($660m). The Kuwait Ports Authority is building the facility at Shuwaikh Port as part of a plan to expand maritime trade. The project, to be ready in 2028, comprises warehouses, support services, a shopping mall, and administrative buildings. The logistics city is intended to speed up container handling services, boost port commercial activities, expand transit operations and attract global firms.
IRAQ
Project: Gas Expansion Project
Value: USD 600,000,000
Client: Dana Gas
Website: www.danagas.com
Construction on Iraq’s Khor Mor gas expansion project (KM250) is expected to be completed in the second half of 2024. The project will increase field production capacity by 250 million cubic feet of gas per day and is anticipated to enhance Dana Gas annual revenues by at least $150 million. The expansion will further contribute to greater local power generation. The $600 million KM250 expansion project aims to increase the production capacity at the Khor Mor gas field from 450 million standard cubic feet per day (MMSCFD) to 700 MMSCFD.
SAUDI ARABIA
Project: Al Kharj Entertainment Complex
Value: USD 346,000,000
Client: Saudi Entertainment Ventures Seven
Website: www.seven.sa
Saudi Entertainment Ventures Seven, a subsidiary of the kingdom’s sovereign wealth fund PIF Public Investment Fund, has awarded an important contract to Egyptian company Hassan Allam Holding to construct an entertainment complex in the country.
A major project for PIF, the entertainment complex will come up on a 160,000sqm area at Al Khuzama in Al Kharj region of Central Saudi Arabia. US-based engineering firm Gensler and Lebanon’s Dar Al Handasah are the project consultants for the Al Kharj entertainment complex, while UK-headquartered Mace Group is the project management consultant.
This Al Kharj entertainment complex comes close on the heels of Seven’s plan to set up its fifth entertainment destination, its largest in the Aseer. The new leisure hub will be strategically located between the cities of Abha and Khamis Mushait near Abha International Airport, and spread over a 64,000sqm area and has a built-up area of more than 79,000sqm.
UNITED ARAB EMIRATES
Project: Musandam Airport
Value: USD 326,717,280
Client: DUTCO
Website: www.dutco.com
Dutco and Ellington Properties commence construction of One River Point in Business Bay. Set for completion in the second quarter of 2027, One River Point promises to be a jewel in the heart of the thriving Business Bay neighborhood offering its residents a truly unparalleled living experience. The development will house a collection of 295 design-led studios, one-, two-, and three-bedroom apartments, three, and four-bedroom penthouses in addition to exclusive four-bedroom duplexes equipped with private pools.
OMAN
Project: Musandam Airport
Value: 250,000,000
Client: Ministry of Transport Communications
Website: www.motc.gov.om
Oman Civil Aviation Authority recently launched tenders for the design of the new Musandam Airport. The project will enhance tourist flows and will create economic activities in the governorate. The project includes the construction of runways and a 250,000 passengers per year terminal, it will be built with runway, taxiway, terminal, service, and hangar area suitable for the handling of up to Boeing 737 and Airbus 320 size aircraft Renardet SA is the masterplan and design consultant. The new airport will be completed by the second half of 2028 over three phases of construction.
BAHRAIN
Project: Titanium Plant
Value: 200,000,000
Client: Bahrain Titanium
Website: www.bahrainti.com
Switzerland-based Interlink Metals Chemicals has announced that one of its key subsidiaries – Bahrain Titanium – plans to set up a titanium plant at Askar in the southeastern coast of the Kingdom. The landmark, first-of-its-kind multiphase facility to be established on a 50,000sqm industrial plot, is being supported by Bahrain Economic Development Board (Bahrain EDB). The facility will be purpose-built to serve fast-growing industries such as medical, aerospace, automotive, and energy, meeting the increasing global demand for titanium products, a niche commodity gaining traction worldwide surging Bahrain’s exports to international markets.
