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Tag: CONSTRUCTION

Construction & Real Estate

Dorsch named Expo 2030 Riyadh construction supervision consultant

Dorsch Global, a major planning and consulting group based in Germany, has announced that its Saudi unit has been signed up as one of the construction supervision consultants for Expo 2030 Riyadh, one of the kingdom's most ambitious and globally significant projects. ...

Construction & Real Estate

NMDC Group achieves $435m net profit for first half

NMDC Group, a global leader in integrated marine, energy, construction, logistics, and engineering solutions, today reported a 6% increase in revenues for the first half of 2026 (H1 2026), reaching AED14.1 billion ($3.84 billion), compared to AED13.4 billion in the same period last year....

Construction & Real Estate

CGC emerges lowest bidder for $516m Kuwait water treatment project

Kuwait-based Combined Group Contracting has emerged as the lowest bidder for a KD160 million ($516 million) water treatment project in southern Kuwait. The scope of work for the winning bidder includes construction, operation and maintenance of the treated water facilities. ...

Construction & Real Estate

Al Seeb awards main contract for $200m Chedi Private Residences project

Al Seeb Real Estate Development has awarded the main construction contract for The Chedi Private Residences, a $200 million tower on Sheikh Zayed Road in Dubai. Set for completion in Q1 2029, the 117-unit residential tower features a mix of villas, duplexes and mansions. ...

Construction & Real Estate

Jeddah Tower hits 430m mark on path to becoming world's tallest

Jeddah Tower, Saudi Arabia’s landmark mega-tall mixed-use tower, has achieved a major construction milestone reaching 430m this month. With a planned height of over 1,000m, the skyscraper, once completed, will become the first man-made structure in the world to reach a full kilometre. ...

Construction & Real Estate

Chinese group Shanxi wins $222m Oman solar plant EPC deal

Leading Chinese group Shanxi Installation Company has secured a contract worth RMB1.5 billion ($222 million) to provide engineering, procurement and construction (EPC) services for the 500MW Al Kamil I Solar Independent Power Project (IPP) in Oman....

Construction & Real Estate

Safari Group seals Hail Airport expansion project contract

Saudi Arabia's Safari Group has clinched a major contract from Matarat Holding to expand Hail Airport under the Airports Cluster II programme. On completion, the airport will have spacious departures and arrivals areas as well as a new 5,600-sq-m southern extension to the existing terminal. ...

Construction & Real Estate

Work in full swing on King Abdulaziz Road underpass

Work is moving at a steady pace on the King Abdulaziz Road underpass in Riyadh with 88% excavation works already completed. This comes as part of the kingdom’s efforts to boost connectivity between project destinations and improve mobility along Prince Mohammed bin Salman Road. ...

Construction & Real Estate

UAE developers shift focus to execution as construction output seen at $131bn

The UAE's construction sector is moving beyond rapid expansion, with developers increasingly focused on project execution, sustainability and regulatory compliance, as construction output is forecast to reach $130.8 billion within the next three years, according to a report....

Construction & Real Estate

Meranti awards FEED contract for major green iron facility in Duqm

Singapore-based Meranti Green Steel said it has awarded a major FEED contract to a consortium of German group SMS and global direct reduction (DR) technology leader Midrex for its green iron facility at Duqm, Oman, with a planned capacity of 2.5 million tonnes per annum. ...

Construction & Real Estate

Residential construction embraces high-performance homes amid sustainability push

Residential developers are under mounting pressure to meet evolving buyer expectations and stricter sustainability standards while delivering long-term value. As the global construction industry is set to hit $16.1 trillion by 2030, high-performance homes are emerging as a key solution, said an industry expert....

Construction & Real Estate

Bahrain pushes ahead with Muharraq city redevelopment plan

Bahrain is accelerating the redevelopment of Muharraq, rolling out infrastructure and public space upgrades as part of a wider strategy to revitalise one of the kingdom's most historic cities. The scope of work includes road development as well as upgrade of stormwater drainage and utility networks. ...

Construction & Real Estate

Nemetschek launches AI-powered Bluebeam Max in Middle East

Nemetschek, a global leader in construction artificial intelligence, has launched its AI-powered Bluebeam Max software across the Middle East region, targeting growing demand for digital tools in the region's architecture, engineering, construction and operations (AEC/O) sector. ...

Construction & Real Estate

Kent secures long-term deals with Aramco for future EPC projects

Global engineering solutions provider Kent has strengthened its footprint in Saudi Arabia after securing long-term agreements and project management consultancy (PMC) contracts with Saudi oil giant Aramco, positioning the company for future brownfield EPC work in the kingdom. ...

Construction & Real Estate

Oman’s Sustainable City – Yiti achieves key safety milestone

The Sustainable City – Yiti, an integrated urban mixed-use project being set up in Muscat, has achieved a major construction milestone by clocking over 25 million safe working hours without a Lost Time Injury (LTI), as construction continues to progress across Oman’s flagship sustainable development. ...

Construction & Real Estate

King Salman International Airport achieves major construction milestone

King Salman International Airport has achieved a major construction milestone with the completion of Phase Zero of its Private Aviation Terminal Apron, thus strengthening operational readiness as Saudi Arabia accelerates work on one of the world's largest airport developments....

Construction & Real Estate

Khansaheb celebrates topping out of Dubai Harbour Residences

Khansaheb Civil Engineering has announced that it has achieved a key construction milestone with the topping out of Dubai Harbour Residences, an ultra-luxury mixed-use development from Dubai-based investment group Shamal featuring upscale hotels as well as both branded and unbranded homes. ...

Construction & Real Estate

Satco wins $105 Diriyah park construction contract

Diriyah Company has awarded the main construction works contract worth SAR393 million ($105 million) to Saudi Arabian Trading & Construction Company (Satco) for its Heroes’ Park, a landmark lifestyle project coming up within its masterplanned development....

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