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News

NYC Climate Law Turn Heads Among Developers

The New York City Buildings Department released the first set of final rules for a landmark climate law passed in 2019 that aims to significantly slash emissions

Winners Take It All

The IRECMS concluded with a Gala Awards Ceremony which honoured and recognised the amazing work of those who manage UAE’s built environment.

Silkhaus Raises $7.75m Seed Round

Homegrown UAE startup Silkhaus has secured $7.75m in seed funding, backed by top global venture capitalists and entrepreneurs

Emrill surpasses 30 million safe man-hours

Leading UAE-based facilities management services provider, Emrill, has reached another major milestone in its ongoing strategy and efforts to prioritise the health

European Investor M7 Expands Into Middle East

M7 Real Estate (M7) has opened its first office in the Middle East to capitalise on the continued strong demand for high-quality European real estate from investors in the region.

AG Facilities Solutions Signs on MRI Software

MRI Software announced that AG Facilities Solutions (AGFS) has selected its arm MRI Evolution, a fully scalable Facilities Management system, to drive the ongoing digital

Brookfield Hunts For Buyouts

Brookfield Asset Management Inc. has more than $110 billion to invest and is eagerly eyeing deal opportunities, including buyouts of mispriced public companies.

Aldar Acquires Spark Security Services

Aldar Properties PJSC (“Aldar”) announced that it is scaling up its property and integrated facilities management platform through the full acquisition of Spark Security

CBRE Acquires E2C Technology

CBRE Group, Inc. announced the acquisition of E2C Technology, an Artificial Intelligence/ Machine Learning (AI/ML) data-driven technology company that will enhance and further differentiate

Spanish Company Urbas Forays Into KSA

Urbas has signed a strategic agreement with the Saudi construction company Arkal, owned by Prince Sultan bin Abdullah bin Abdulaziz Al Saud

KAFD to Host IRECMS Masterclass

King Abdullah Financial District (KAFD), the region’s prime destination for business and a cosmopolitan lifestyle

KAFD signs agreement with MAEE

In a recent ceremony, King Abdullah Financial District signed a cooperation agreement with MAEE, the National Water Efficiency and Conservation Centre

Concordia Appoints New General Manager

Concordia, a trusted name in Facility Management across Dubai, has announced the appointment of Michael Nicholas as the new General Manager.

MG Developments signs on ECG

MG Developments announces signing a contract with Engineering Consultants Group (ECG) to monitor the implementation of ProMark Project in the NAC.

HITEK Signs Deal With TAD

Leading UAE-based IT smart Facilities Management (FM) solutions company HITEK Services, which is part of the Farnek group of companies, has signed a two-year contract with major, tier one Sudanese total FM company, TAD.

Khidmah & FRC Strengthen Partnership

Khidmah, one of the region’s leading facilities management and maintenance companies, reaffirmed its partnership with the Future Rehabilitation Centre (FRC) by contributing educational and classroom requirements coupled with entertainment materials that will aid in developing

DMCC Uptown Tower Completes Façade Works

The world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced that the façade of Uptown Tower has been

Houza Raises $5.5 Million Pre-Series A Round

Dubai’s property portal, houza, raised $5.5 million in a pre-Series A round from UAE’s top real estate agencies. Co-founded in 2020, by CEO Barry Judge, houza.com

Kuwait to build free zone near Saudi border

Kuwait has decided to revive a project it approved a few years ago to build a free trade zone in the Southern area near the border with Saudi Arabia, as per newspaper reports.

Egypt's Prime Developments Contracts with EFS

Prime Developments signed a management and operation agreement contract with EFS Facilities Services Misr — a subsidiary of EFS International specialised in integrated

Imdaad Expands Into Egypt

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, has officially established a new joint venture with LMD, Egypt’s

Atalian Servest acquires Incentive FM

Atalian Servest has acquired Incentive FM Group in a move designed to “expand the FM firm’s core service offering, reinforcing sectors of focus, and adding further scale and experience”.

What to expect at the new Expo City Dubai

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai announced the opening of Expo City Dubai, this

Amana to manage Wadi Al Sail Mall

Amana Property Management (Amana), a premier property management consultancy, has signed an agreement with the Bahrain Defence Force (BDF) Military Consumer & Economics Association to take over the management

SJP Properties Inks Lease with Siemens

SJP Properties has inked a deal with industrial technology company Siemens for 65,500 square feet of office space within the amenity-rich campus. In addition to a variety of on-site lifestyle amenities and a suite of hospitality-