INSEAD Day 4 - 728x90

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Meraas awards $544m contract

The contract worth $544m has been awarded to the Arabian Construction Company. (WAM)
  • It includes the first residential community within Dubai Design District (d3), a global creative and design ecosystem.
  • Scheduled for completion by mid-2027, the Design Quarter at d3 comprises a collection of 558 apartments.

Dubai UAE — Meraas, a member of Dubai Holding Real Estate, has awarded a contract worth over AED 2 billion ($544 million) to Arabian Construction Company for the construction of Design Quarter at d3, which includes the first residential community within Dubai Design District (d3), a global creative and design ecosystem.

Scheduled for completion by mid-2027, the Design Quarter at d3 comprises a collection of 558 apartments. These are spread across three buildings – one low-rise and two towering skyscrapers – nestled within a landscaped podium.

This elevated podium serves as a communal area, linking the residential towers to form a social hub for the residents. This will include co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas and fun-filled zones for children’s activities.