Author: Kasun Illankoon

As part of the “Green Riyadh” program, water network projects are being constructed to irrigate 7.5 million trees in Riyadh, with a length of 1,350 km to carry 1.7 million cubic meters of treated water daily, increasing its use for irrigation purposes by 100%. The aim is to achieve sustainable green spaces for the Green Riyadh projects and other development projects in the city of Riyadh. The primary network pipe’s diameters range from 1.2 meters to 2.4 meters in addition to secondary networks that reach all of Riyadh’s neighborhoods. Construction works have begun using the latest technologies and practices to accelerate the…

Read More

ENGIE, the leading provider of low-carbon energy services and solutions for integrated utilities management, has signed a memorandum of understanding (MoU) with the Public Investment Fund (PIF) for the joint development of green hydrogen projects and its derivatives in Saudi Arabia, exploring opportunities that contribute to enhancing the energy transition within the objectives of the Saudi vision 2030. The MoU was signed by Frederic Claux, Managing Director, Flexible Generation and Retail, AMEA from ENGIE and Yazeed Alhumied, Deputy Governor and Head of MENA Investments from PIF, paving the way for the two parties to explore opportunities to jointly develop projects…

Read More

With a shared vision to support the Middle East’s net zero agenda, PwC and Dar Al-Handasah Consultants (Shair and Partners) – Dar – have announced a strategic collaboration to drive sustainable solutions in the regional built environment. The partnership will leverage PwC Middle East’s advisory expertise across sustainability, finance and emerging technology, alongside Dar’s global expertise as a leading built-environment and engineering consultancy, to deliver climate-ready development solutions for their clients. Together, the firms will seek to provide solutions that bend the carbon curve in the built environment, enhance the liveability of cities and accelerate economic performance for regional investors,…

Read More

The Saudi Fund for Development (SFD), represented by its CEO, Mr. Sultan bin Abdulrahman Al-Marshad, signed in Rwanda’s capital, Kigali, with the Minister of Finance and Economic Planning, Dr. Uzziel Ndagijimana an agreement for a concessional development loan of $20 million to finance the electricity delivery project in the Kamonyi District. The signing ceremony was attended by a number of officials from both sides. The project aims to build a network of medium and low-pressure power lines and electricity distribution transformers to provide electricity to households, public institutions, and social facilities in the Kamonyi District. This project is part of…

Read More

Stella Stays, the renowned proptech start-up disrupting the rental landscape with its pioneering flexible living solutions and technology-integrated branded residences, announces the launch of two iconic residences in the prestigious Al Barari, Dubai this July. This highly anticipated launch represents a significant milestone in Stella Stays’ journey to reshape rental experiences. Stella Stays Al Barari residences, composed of 90 state-of-the-art units, showcases the brand’s distinctive “Show Up and Start Living” concept. The meticulously designed, fully-equipped apartments offer an unparalleled level of comfort, convenience, and elegance, ensuring a sophisticated living environment and personalized rental experience for residents. Nestled in the heart…

Read More

Ryse Energy, a global leader in decentralized renewable energy systems, has acquired leading US micro wind turbine manufacturer Primus Wind Power. The strategic acquisition solidifies Ryse Energy’s position as the most diverse small wind turbine technology player globally, opens doors to new North American opportunities and fast-tracks American manufactured Ryse Energy wind turbines. Ryse Energy’s acquisition of Primus Wind Power adds the proven AIR turbines to its diverse and high-performance small turbine portfolio. With over 180,000 units installed globally since 1995, the AIR turbines have a reputation for unmatched reliability in harsh climatic environments. Boasting CSA approval to UL and…

Read More

ROSHN Group, a PIF giga project and Saudi Arabia’s leading real estate developer has signed an MoU with the nation’s Expenditure and Projects Efficiency Authority (EXPRO) to enhance the efficiency and sustainability of planning and operating its projects. Under the agreement, ROSHN Group will work with EXPRO to accelerate service delivery and achieve sustainability goals for its upcoming developments. EXPRO will support ROSHN’s development of a well-structured and long-term approach to master planning and construction, land administration, utilities, facilities management, asset management, and community safety as the company extends its footprint across the Kingdom. “We are thrilled to announce the signing…

Read More

Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, has launched its Sustainability-Linked Finance Framework (“Framework”). The Framework will allow the Company to link its financing with decarbonisation goals in line with Bahrain’s commitment to sustainability and climate action as pledged by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of the Kingdom of Bahrain, at COP26. As part of the Framework, Bapco Energies has disclosed detailed Scope 3 absolute emissions targets. Unlike Scope 1 and 2 emissions which are related directly to the operations of Bapco…

Read More

By Dr. Hassam Chaudhry, Associate Professor at Heriot-Watt University Dubai Construction sites are dynamic environments where multiple activities, materials, and equipment converge, creating a high potential for fire related incidents. The sites often involve flammable materials, such as insulation, paints, solvents, and fuel, which can easily ignite and spread flames rapidly. Additionally, electrical systems, welding equipment, and temporary heating systems increase the likelihood of fire incidents. The vulnerability of these sites to fire outbreaks is one of the crucial reasons for focusing more on fire safety in construction projects. Without proper fire safety protocols, any negligence can quickly escalate into…

Read More

1. What is the overarching architectural vision for the recently launched projects, and how does it align with the values and goals of Prestige One Developments? The architectural vision for our projects, Vista and The Residence, is rooted in our commitment to long-lasting quality. From concept design to collaboration with consultants and designers, we prioritize aligning our projects with Prestige One Developments’ values. Our goal is to create properties that withstand the test of time and retain their value. We prioritize quality and longevity, going beyond immediate gratification to deliver developments that remain highly esteemed for years to come. We…

Read More