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Tag: CONSTRUCTION

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....

Construction & Real Estate

Construction sector faces brunt of disruptions caused by Gulf conflict

The ongoing conflict in the Gulf and severe disruption to shipping through the Strait of Hormuz are beginning to weigh heavily on the region’s construction sector, with contractors facing mounting cost pressures, delivery delays and heightened financial risk....

Construction & Real Estate

RAK Properties launches sale of three-tower development

RAK Properties, a leading UAE real estate developer, has announced the sales for Lunara on The Strand, a prime development featuring 583 homes across a collection of three connected towers within the Marjan Beach District in Ras Al Khaimah. The project is set for completion in Q1 2029. ...

Construction & Real Estate

L&T units wins near $1.1bn Mideast substations contracts

Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region. ...

Construction & Real Estate

Heisco snaps up $567m KOC upstream infrastructure development work

Heavy Engineering Industries & Shipbuilding Company has announced that it has secured a major contract worth KD174.2 million ($567.4 million) from Kuwait Oil Company for the construction of flowlines and associated works at its upstream oil facilities. ...

Construction & Real Estate

Omniyat awards main works contract for flagship luxury Dubai tower

Omniyat, a leading UAE developer, has signed up Dutco as the main contractor for its flagship ultra-luxury commercial tower Enara in Dubai. Located within the Burj Khalifa District, the project is a combination of five-star hospitality-inspired amenities with sustainable, future-ready design. ...

Construction & Real Estate

Oman announces plans for $3.8bn development projects

Oman's Tenders Board has announced that the total value of the government’s upcoming development projects stands at more than RO1.5 billion ($3.8 billion), These include ports, roads, dams, buildings and public facilities as well as pipeline network projects and well drilling. ...

Construction & Real Estate

Nemetschek inks strategic partnership with leading Saudi FM body

Nemetschek, a leading software provider for the architecture, engineering, construction and operations (AEC/O) industry, has signed a strategic agreement with the Saudi Facility Management Association to support the advancement of the facilities management sector in the kingdom. ...

Construction & Real Estate

KIB seals co-op agreement with Kuwaiti construction major ACICO

Kuwait International Bank (KIB) has announced the signing of a strategic co-operation agreement with ACICO Group, a leader in the construction and industrial sectors, to provide affordable financing solutions for citizens to build their residential plot. ...

Construction & Real Estate

Ajman launches 'automatic issuance' of villa building permits

The tiny northern emirate of Ajman has launched an automated mechanism for issuing residential villa building permits for UAE nationals via five-star-rated engineering offices, as part of its efforts to accelerate construction procedures and improve the quality of engineering outputs. ...

Construction & Real Estate

ALEC Holdings revenue up 56% to $3.43bn; net profit nearly doubles

ALEC Holdings, a market-leading diversified engineering and construction group, delivered a record set of results in FY 2025, with revenue rising 56% YoY to AED12.6 billion ($3.43 billion), underpinned by strong conversion of the order book and disciplined execution across the group’s diversified platform. ...

Construction & Real Estate

Nemetschek partners with Prince Sultan University to boost AEC innovation

Nemetschek, a leading software providers for the architecture, engineering, construction and operations (AEC/O) industry, has entered into a partnership with Saudi-based Prince Sultan University to support the development of future-ready talent and accelerate innovation across the kingdom. ...

Construction & Real Estate

Abu Dhabi construction sector grows 13.9% in Q3 2025

Abu Dhabi's construction sector recorded one of the strongest performances in Q3 2025, growing by 13.9 per cent year-on-year and contributing 9.4 per cent to Abu Dhabi’s GDP, with a value added of AED30.5 billion ($8.3 billion). ...

Construction & Real Estate

MosBuild - a gateway to Russia’s $260bn construction market

MosBuild 2026 is emerging as a strategic gateway to Russia’s $260 billion construction market, as suppliers and contractors increasingly look to regional partners to meet demand across building materials, interiors, and infrastructure....

Construction & Real Estate

PlanRadar launches construction site templates playbook

PlanRadar, a digital platform for construction and real estate project management, has launched the Construction Site Templates Playbook, a new practical guide designed to help project teams strengthen day-to-day execution control through disciplined, repeatable site documentation. ...

Construction & Real Estate

Omran launches bids for sustainable eco-tourism project

Oman Tourism Development Company (Omran Group) has invited expressions of interest (EoIs) from leading contractors to provide design and construction services for its premium 3.4-sq-km sustainable eco-tourism destination - Ras Al Shajar - in the sultanate's Qurayat region. ...

Construction & Real Estate

Ashoka Buildcon–BEC Arabia JV lands Diriyah hotel project contract

Indian infrastructure group Ashoka Buildcon said its joint venture with Saudi-based BEC Arabia Contracting has secured the main construction works contract for a hotel project within Saudi Arabia's giga development - Diriyah, The City of Earth, coming up near Riyadh. ...

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