DEME Group announced its half-year results for 2026 this morning. Group turnover in the first half of 2026 amounted to 2.2 billion euros, up 2% year-over-year. Offshore Energy revenues increased by 6% to a record semester level of 1.2 billion euros, driven by the continued successful execution of pr
Palm Jebel Ali is one of the most ambitious development projects in Dubai. The artificial island is designed in the shape of a gigantic palm tree, with a central trunk and sixteen leaves. The project is part of the Dubai 2040 Urban Master Plan, which focuses on large‑scale and well‑connected communi
BlueFive Capital has acquired a 70% stake in Gulf Cobla LLC, a UAE-based dredging and land reclamation company. As part of the transaction, BlueFive Capital will acquire the entire 49% shareholding held by Advanced Dynamics Investments, an affiliate of Saudi Binladin Group, together with a 21% stake
Say ‘Dubai’ and many people will automatically picture the palm-shaped island – Palm Jumeirah. This artificial island off the coast of Dubai can be seen from space and is one of the major tourist attractions of the United Arab Emirates. The project offers an unparalleled example of dredging and land
Palm Jebel Ali is one of the most ambitious development projects in Dubai. The artificial island is designed in the shape of a gigantic palm tree, with a central trunk and sixteen leaves. The project is part of the Dubai 2040 Urban Master Plan, which focuses on large‑scale and well‑connected communi
Land reclamation for Naïa Island Dubai is now 75% complete, marking a defining step in the creation of a private island estate. According to Shamal Holding, the development works progress across critical marine engineering and infrastructure works – a clear reflection of coordinated planning and dis
DEME Group said today that their Dredging & Infra segment maintained strong activity overseas in 2025. In the Middle East, projects in Saudi Arabia and Egypt progressed well, combining capital dredging, land reclamation and dry earthmoving works. In Africa, the segment continued with maintenance and
Marine works on Palm Jebel Ali in Dubai, conducted by Jan De Nul Group’s giant trailing suction hopper dredger (TSHD) Charles Darwin, are in full swing. “The Palm Jebel Ali project stands as a powerful example of how Belgian know-how in dredging, coastal protection and land reclamation contributes t
Abu Dhabi-headquartered NMDC Group signed a contract with Pasay Harbor City Corporation (PHCC) in October 2025 to carry out large-scale dredging and land reclamation in Manila Bay, marking the company’s first major project in the Philippines. With a total value of $610.1 million, NMDC Group will und
NMDC Group said that their business unit NMDC Dredging and Marine has won a contract by the Department of Municipalities and Transport (DMT) for the execution of dredging and land reclamation works in Abu Dhabi. According to NMDC, the project aims to support the continued development of Abu Dhabi’s
Van Oord has won a contract for the land reclamation of Naïa Island Dubai, a new development located just off Jumeirah’s coastline. Naïa Island Dubai, a landmark project by Shamal Holding, will span approximately 13 hectares and feature 6 kilometers of pristine beaches. “This partnership reinforces
Last Friday, Jan De Nul Group released the latest video about the development of the Palm Jebel Ali project in Dubai. In August 2024, Nakheel awarded an contract worth over $220 million for the marine works on Palm Jebel Ali to Jan De Nul Dredging LTD. Since then, the company has been sculpting the
