The competitive real estate market in Dubai has been witnessing strong growth dynamics, with many international investors showing increasing interest. (Image source: The Dubai Land Department)

The Dubai Land Department (DLD) and Majid Al Futtaim Communities, part of Majid Al Futtaim Properties, has announced their ambitions to drive digital initiatives across the industry and simplify the process for potential homeowners

Concept Developments has announced that construction has begun at its SENET 1 project in New Administrative Capitals with investments reach EGP 200mln. (Image source: Adobe Stock)

Concept Developments has announced that construction has begun at its SENET 1 project in New Administrative Capitals with investments reach EGP 200mn

The Dammam West plant, located in the eastern province of Saudi Arabia, will have an initial capacity of 200,000 cm/d. (Image source: Adobe stock)

The Saudi Water Partnership Company (SWPC) has invited firms to submit expressions of interest (EOI) in the contract to develop the Al-Haer independent sewage treatment plant (ISTP)

The Al-Haer ISTP is planned to have a sewage treatment capacity of 200,000 cubic metres a day (cm/d), and will be located in the capital city of Riyadh.

The successful developer will form a special purpose vehicle (SPV) to operate and maintain the plant under a 25-year sewage treatment agreement (STA) with SWPC. SWPC?s obligations will be supported by a credit support agreement from the Saudi government.

SWPC has appointed KPMG as lead and financial adviser for the project, with White & Case and Future Water and Power Consulting appointed as legal and technical advisers respectively.

In August, Energy & Utilities reported that SWPC had selected the preferred bidders for the Buraydah 2 and Tabuk 2 ISTPs.

A consortium of Spain?s Acciona and the local Tawzea and Tamasuk was selected as the preferred bidder with a combined levelised cost for both projects of SR1.435/cubic metre cm.

The Buraydah 2 ISTP will have a capacity of 150,000 cm/d and the Tabuk 2 ISTP scheme will have a capacity of 90,000 cm/d.

The same consortium was also appointed as preferred bidder for the 300,000 cm/d Medina 3 ISTP.

SWPC awarded contracts for Saud Arabia?s first three ISTP projects in 2019, with sewage treatment plants before this date having all been delivered under standard engineering, procurement and construction (EPC) contracts.

Energy & Utilities reported in November 2020 that the Cobra Instalaciones y Servicios/ Tawzea consortium had reached financial close for the planned Taif ISTP.

In February 2019, the client signed contracts with a consortium comprising local firms Power & Water Utility Company for Jubail, Al-Amwal al-Khaleejiah and France?s Veolia to develop the Jeddah Airport 2 ISTP. The Jeddah Airport 2 plant will have a capacity of 500,000 cm/d.

The environment and the application of highly technological production methods are natural parts of NOVENCO?s design, development, and production. (Image source: Novenco Building & Industry A/S)

NOVENCO Building & Industry, part of the SCHAKO Group and a leading provider of energy-efficient and life safety ventilation products and systems has joined the association as a commitment to joint industry initiatives in the fields of standardisation, education and awareness raising