Tuesday, October 20, 2026
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Tag: Development

Construction & Real Estate

Muscat to unveil four prime seafront locations at Urban October 2026

Muscat Municipality will be showcasing 12 development opportunities, including four seafront projects, at the upcoming Urban October 2026 expo in the Omani capital. The portfolio includes the redevelopment of Qurum’s beach and mangrove waterfront, new commercial buildings near Muttrah’s historic port and a coastal promenade in Seeb. ...

Construction & Real Estate

Saudi PIF firms sign strategic investment agreements with Brunei's TAIB

Leading Saudi PIF companies - Rua AlHaram AlMakki and Rua Al Madinah - have signed two strategic agreements with Brunei’s Perbadanan Tabung Amanah Islam (TAIB) to explore investment and development opportunities in the Kingdom of Saudi Arabia and Brunei Darussalam. ...

Construction & Real Estate

Sharjah unveils $326m development projects across Eastern, Central regions

Sharjah has announced plans to implement development projects worth more than AED1.2 billion ($326 million) across its Eastern and Central regions by the end of this year covering schools, sports facilities, government buildings, tourism sites, and public parks. ...

Construction & Real Estate

Tecnimont, ADNOC Gas break ground on $4.3bn gas project in Abu Dhabi

Tecnimont, a leading global contractor for highly complex plants, has joined hands with ADNOC Gas for the groundbreaking of its $4.3 billion Rich Gas Development Phase 3 Project in Abu Dhabi. Once completed in 2030, the plant will reach an output capacity of 8 million tonnes per year. ...

Construction & Real Estate

Azizi set to deliver 10 more projects by year-end

UAE-based Azizi Developments handed over seven projects by the third quarter and now aims to deliver an additional 10 projects between now and December. Azizi currently has more than 150,000 units under construction at various stages, thus reflecting the scale and pace of its ongoing development pipeline. ...

Construction & Real Estate

Big 5 Construct Saudi returns to power the kingdom's next building phase

Following a successful January 2026 edition that brought together Saudi Arabia's built environment community with a spotlight on project finishing and delivery, Big 5 Construct Saudi is back this August with its focus firmly on the foundations of construction....

Construction & Real Estate

Oman awards over $296m tenders for development projects

Oman has awarded RO114 ($296 million) project development tenders for the first half of the year. These include big-ticket projects such as the third package of Al Batinah Expressway; the construction of Al Jabal Al Abyad Road as well as Sultan Taimur bin Faisal Road dual carriageway. ...

Construction & Real Estate

Dar Al Majed inks $56m deal to develop key residential project in Riyadh

Saudi-based Dar Al Majed Real Estate Company has announced that it had signed an agreement with Jadwa Al Manzel Real Estate Fund to serve as the exclusive developer of a 27,000-sq-m residential project in Riyadh under a contract valued at SAR 211.6 million ($56.4 million). ...

Construction & Real Estate

PG Real Estate hands over Al Furjan development, announces new projects

PG Real Estate, the boutique developer known for its design-led, low-density communities, has officially handed over PG One, its flagship mixed-use development in Al Furjan, Dubai, marking another major milestone in the company’s delivery-focused growth strategy....

Construction & Real Estate

Aldar announces $762m residential development plan in Abu Dhabi

Leading UAE developer Aldar is set to build two integrated communities in Mohamed Bin Zayed City and Baniyas in Abu Dhabi that will deliver 9,000 new residential units across the emirate. With AED2.8 billion ($762 million) gross development value, these projects will add to Aldar’s develop-to-hold pipeline. ...

Construction & Real Estate

Oman awards $483m infrastructure development project contracts

Oman has awarded contracts worth RO186.3 million ($483 million) for two key infrastructure development projects - the Muscat Expressway Expansion and the Ibra Road Dualisation. The scope of work includes construction of independent two-lane flyovers as well as key road expansion. ...

Construction & Real Estate

Aldar awards $18bn development contracts across UAE in 2025

Leading Abu Dhabi developer Aldar said it had awarded contracts worth AED66 billion ($18 billion) in 2025, covering a diverse portfolio of residential, commercial, infrastructure, and logistics projects, thus underscoring the continued pace of development across the UAE. ...

Construction & Real Estate

Abu Dhabi fund launches $2bn global water platform

Abu Dhabi Fund for Development (ADFD) has announced the launch of a strategic initiative designed to accelerate impactful development projects, unlock new investment opportunities that advance the global water sector. The platform is set to mobilise $2 billion from major financing institutions. ...

Construction & Real Estate

Oman floats tender for new road development project at Sezad

Omani authorities have announced the launch of a tender for the construction of a 30.8-km-long road network within the Special Economic Zone at Duqm (Sezad). The project covers several residential areas and the light and medium industries zone across seven sub-plans. ...

Construction & Real Estate

Meraas kicks off two new phases of City Walk development

Meraas has launched two new phases - Crestlane 4 and 5 - of the City Walk development featuring 360 premium homes. Each phase comprises two mid-rise towers set around landscaped green spaces, flowing water features and open views of Dubai skyline. ...