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Tag: CONSTRUCTION

Construction & Real Estate

Kuwaiti construction group ACICO swings to 2025 profit

ACICO Group, a full-service, multi-sector construction group based in Kuwait, said it has returned to profitability with a KD2.9 million ($9.4 million) net profit in 2025 compared with a net loss of KD11.2 million ($36.2 million) a year earlier, reflecting progress in its restructuring plan. ...

Construction & Real Estate

Danway secures contract for 110/13.8kV substation project in Madinah

Danway, a leading engineering firm in Saudi Arabia has signed a contract with National Grid, a key subsidiary of Saudi Energy, for the construction of a new 110/13.8kV substation in Madinah. The entire project work will be completed within a period of 23 months. ...

Construction & Real Estate

Malaysian group MGB lands contract to build 75 Roshn villas

MGB, a leading construction, property development and IBS precast concrete manufacturer, has secured a key contract from leading Saudi developer Roshn for the construction of 75 villas under its Marafy Al Arous Development Project in Jeddah. ...

Construction & Real Estate

Dubai completes first phase of Al Quoz stormwater network project

Dubai Municipality has announced that it has completed the first phase of the Sewerage and Stormwater Network Development Project in Al Quoz Creative Zone. The scope of work included setting up of drainage networks covering 123 plots as well as laying of 15-km-long stormwater network. ...

Construction & Real Estate

Heisco lands $563m Kuwait Oil Company contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a key contract worth KD174.2 million ($563 million) from Kuwait Oil Company (KOC) for the construction of flowlines as well as other associated works at its project site in Kuwait. ...

Construction & Real Estate

Azizi awards $299m structural steel contract for key Dubai skyscraper

UAE-based Azizi Developments has announced that it has awarded a structural steel construction contract worth AED1.1 billion ($299 million) to the globally-renowned Eversendai Corporation Berhad based in Malaysia for its mixed-use skyscraper Burj Azizi project. ...

Construction & Real Estate

Mered's Abu Dhabi waterfront residential tower enters fast-track

UAE developer Mered has announced that deep foundation works was currently under way at its waterfront residential tower - Riviera Residences - in Al Reem Island, Abu Dhabi. With work in full swing, the premium project, featuring over 400 apartments and 11 exclusive villas, is on track for timely completion. ...

Construction & Real Estate

Azizi Central enters final stage ahead of handover

UAE-based Azizi Developments has announced that 98% work has been completed on its prime residential project - Azizi Central - located within the Al Furjan community in Dubai. Set for handover soon, the project features a mix of one- to three-bedroom apartments along with premium amenities. ...

Construction & Real Estate

Dubai seeks bids for stormwater drainage upgrade project

Dubai Municipality has invited bids from qualified and experienced contractors for a stormwater drainage upgrade project in Al Khawaneej area. The scope of work involves laying up of water pipelines with diameters of up to 1,600 mm....

Construction & Real Estate

Saudi Intermaint lands EPC contract for cement mill project

Saudi Intermaint, a leading contractor delivering construction, fabrication and maintenance services for heavy industry across the Gulf, has secured its first EPC contract for a cement mill project. The scope of work includes engineering and execution capabilities at the plant. ...

Construction & Real Estate

ALEC distributes 28,500 hygiene care packages to construction workers

ALEC Holdings, a leading diversified engineering and construction group, mobilised its 1,400+ personnel along with its subcontractors for a major donation drive. The company also distributed 28,500 hygiene care packages to construction workers across its UAE project sites. ...

Construction & Real Estate

Alta defies regional headwinds, keeps projects on track

UAE-based Alta Real Estate Development has announced that construction activity continues across its portfolio despite the challenging situation in the region, thus reflecting the strength, resilience and long-term vision underpinning Dubai’s continued growth. ...

Construction & Real Estate

Mered achieves key milestones at its Dubai ultra-luxury residential tower

Mered, a leading real estate developer, has reported significant progress on its ultra-luxury residential tower - Iconic Residences Design by Pininfarina - with its fully mobilised teams achieving key milestones in structural works, MEP systems, interior fit-outs, and material co-ordination. ...

Construction & Real Estate

Metal Park seals lease agreement with top Dubai developer Binghatti

Metal Park, the first integrated downstream metals ecosystem based in Kezad, Abu Dhabi, has signed a lease agreement with Dubai developer Binghatti, thus establishing a collaboration focused on optimising its own construction supply chain through improved control, efficiency and material assurance. ...

Construction & Real Estate

National Properties unveils Grade A commercial tower in Barsha Heights

National Properties, the real estate subsidiary of UAE investment company National Bonds, has announced the groundbreaking of its new 26-storey Grade A office tower at Barsha Heights in Dubai. Designed by the globally recognised practice NORR Architects & Engineers, it is set for completion in Q4 2028. ...

Construction & Real Estate

Dubai completes Nad Al Sheba 3 road development works

Dubai’s Roads and Transport Authority (RTA) has completed a package of road development works in Nad Al Sheba 3, including paving 2km of internal roads, applying road markings, and providing parking spaces, alongside installing 50 lighting units and directional traffic signs. ...

Construction & Real Estate

DIFC announces completion, phased handover of DIFC Square

Dubai International Financial Centre (DIFC) has announced the successful completion and phased handover of DIFC Square ahead of schedule. Spanning over 600,000 sq ft, the development forms an ensemble of three interconnected glass façade buildings with dedicated parking facilities and retail spaces. ...

Construction & Real Estate

Khansaheb achieves key milestone at Dubai Harbour Residences

Khansaheb Civil Engineering, a leading regional construction and engineering powerhouse based in UAE, has announced that it has achieved a major construction milestone by clocking 1 million manhours without a Lost Time Injury at the Dubai Harbour Residences project....

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