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Tag: CONSTRUCTION

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. ...

Construction & Real Estate

Mace-Suez JV starts Qatar West Drainage maintenance work

Mace Qatar, a specialist in infrastructure construction and district cooling service, has joined hands with French utility major Suez to start the operation and maintenance of Qatar West Catchment Zone. The scope of work covers 1,375 km of foul sewer network, key treatment facilities as well as 43 pumping stations. ...

Construction & Real Estate

SSH seals partnership with Oman Design Association

SSH, a leading master planning, infrastructure, building design and construction supervision firm, has partnered with the Oman Design Association (ODA), thus marking a significant step towards strengthening collaboration across Oman’s design and architecture sector. ...

Construction & Real Estate

Aldar adds key land plots with $6.26bn development value

Aldar has added a number of strategic land plots across Abu Dhabi, with a combined gross development value of approximately AED23 billion ($6.26 billion), further reinforcing Aldar’s landbank strength and providing a pipeline for sustained, long-term growth across the capital’s most attractive development corridors....

Construction & Real Estate

Azizi's prime Dubai residential project on track for Q1 handover

UAE-based Azizi Developments has announced that the construction is in full swing on its key residential project - Azizi Central - located in the Al Furjan community of Dubai. With nearly 77% work already completed, the project is set for Q1 handover. ...

Construction & Real Estate

NMDC secures dredging, reclamation works contract in Abu Dhabi

NMDC Group, an integrated energy, marine services and EPC specialist in the Mena region, has announced that its business unit has secured a contract from the Department of Municipalities and Transport (DMT) for the execution of dredging and reclamation works in Abu Dhabi. ...

Construction & Real Estate

L&T unit wins near $1.1bn Riyadh Metro extension contract

Leading Indian construction conglomerate Larsen & Toubro (L&T) said its Heavy Civil Infrastructure unit has won a major contract worth up to Rs100 billion ($1.1 billion) for works related to Riyadh Metro extension. The order is a part of an ultra-mega project won by a consortium led by Italian builder Webuild. ...

Construction & Real Estate

McDermott lands EPCI contract for key Abu Dhabi gas project

McDermott, a leading provider of engineering and construction solutions to the energy industry, has announced that it has secured a major EPCI contract (in the range of $750 million to $1 billion) from Adnoc for its Nasr-115 Expansion Project, located 130km northwest of Abu Dhabi. ...

Construction & Real Estate

Sultan Haitham City awards three new construction tenders

Sultan Haitham City, a mega development in Muscat, has issued three new construction tenders under Package Nine of its development programme that involves streetscaping and landscaping of main roads and construction of the city’s Central Park and Wadi, said a report. ...

Construction & Real Estate

Korea Western Power lands contract for $898m Duqm power plant

Korea Western Power has secured a major contract to build and operate a gas-fired combined-cycle power plant being set up at an investment of 1.3 trillion won ($898 million) at Duqm in Oman. Set for 2029 completion, the 877MW facility is being implemented on a BOO model. ...

Construction & Real Estate

BCD Global starts work on first freehold residential project in Dubai

International developer BCD Global has broken ground on its first project in the Warsan district of Dubai, thus marking the start of construction on a freehold housing development aimed at mid-market and long-term investors, with one- and two-bedroom apartments. ...

Construction & Real Estate

Dubai Harbour bridge project work 65pc complete

Steady progress is being made on the Dubai Harbour Bridge Project with nearly 65% of the construction works already completed on the 1,500-m two-lane facility. Also, work related to the upgradation and adjusting utility services intersecting with the 1,500-m two-lane facility are nearing completion. ...

Construction & Real Estate

Big 5 Construct Saudi draws over 1,100 exhibitors from 50 countries

Big 5 Construct Saudi has opened its doors for the January edition in Riyadh bringing together the industry that drives the kingdom’s $1.7 trillion construction project pipeline. More than 1,100 exhibitors from over 50 countries will be taking part in the four-day event. ...

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