Tuesday, August 4, 2026
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Tag: Dubai

Construction & Real Estate

Ghassan Aboud, EasyLease to set up aftermarket spare parts hub in Dubai

Ghassan Aboud Holding, a leading provider of integrated logistics and supply chain solutions, has joined forces with EasyLease, the capital subsidiary of International Holding Company, for the launch of its new Gallega Global Logistics multi-user aftermarket spare parts hub at Jebel Ali Free Zone (Jafza). ...

Construction & Real Estate

Dubai unveils new environmental and recreational destination

Dubai has launched a new environmental and recreational destination - Al Layan Oasis - that aims to showcase the beauty of the desert environment while promoting sustainability and quality of life. Spanning one million sq m, the project boasts a lake along with 14 km of walking and cycling tracks. ...

Construction & Real Estate

Binghatti Holding successfully prices $500 million sukuk

Binghatti Holding, one of the UAE’s fastest-growing real estate developers, has successfully priced a long five-year $500 million benchmark sukuk under its $1.5 billion Trust Certificate Issuance Programme, in a transaction that was 4.4 times oversubscribed....

Construction & Real Estate

Dubai residential sales hit $15bn in January, nearly 16,000 transactions

Dubai’s residential property market entered 2026 with rising transaction volumes and renewed buyer activity. The trend was underpinned by sustained demand for mid-market homes and continued investor participation, according to January data from betterhomes....

Construction & Real Estate

AGMC breaks ground on new BMW showroom facility in Dubai

AGMC, the official importer of BMW Group vehicles in Dubai, Sharjah and the Northern Emirates, has broken ground on its new 2,500-sq-m multi-brand showroom facility at Ras Al Khor, one of Dubai’s most established automotive and logistics districts. ...

Construction & Real Estate

Tasmeer Indigo breaks ground on new residential project in JVC

Dubai-based Tasmeer Indigo Properties has broken ground on its latest residential development - SquareX One - in Jumeirah Village Circle (JVC). A signature lazy river forms the centrepiece of the development, complemented by carefully curated wellness amenities. ...

Construction & Real Estate

Dubai opens new 600m bridge on Al Qudra Road

Dubai’s Roads and Transport Authority (RTA) has announced the opening of a 600-m-long bridge comprising four lanes at the intersection of Al Qudra Road and the link road connecting Arabian Ranches with Dubai Studio City, as part of the main intersections development project along Al Qudra Road. ...

Construction & Real Estate

Al Barari breaks ground on The Cape in Dubai

Al Barari, Dubai’s pioneering nature-led community, has marked the groundbreaking of The Cape, its final signature residential development, celebrating two decades of visionary craftsmanship and a continued commitment to creating harmonious living environments rooted in nature....

Construction & Real Estate

Holm Developments launches second residential project in Jumeirah Garden City

Holm Developments has announced the launch of Linea, its second residential project in Dubai's Jumeirah Garden City, following the strong response for its debut project, Holm One. A prime development, it features a mix of studios, one- and two-bedroom residences along with key amenities. ...

Construction & Real Estate

Al Ghurair breaks ground on 130-unit residential development in JVC

UAE-based Al Ghurair Development has officially broken ground on The Weave, its design-led residential development in Jumeirah Village Circle, Dubai. Set for completion in 2028, it offers 130 homes with a mix of one- to three-bedroom units as well as key amenities such as a dedicated rooftop club, infinity pool and a private cinema. ...

Construction & Real Estate

Dubai unveils ambitious $1.1bn Blue and Green Spaces Roadmap 2030

Dubai Municipality unveiled the ‘Blue and Green Spaces Roadmap 2030’ at the World Governments Summit as part of a comprehensive strategic vision to develop a balanced and integrated urban ecosystem. The roadmap includes a portfolio of projects valued at more than AED4 billion ($1.1 billion). ...

Construction & Real Estate

Glydways in deal to roll out debut automated transit system in Dubai

Dubai’s Roads and Transport Authority has signed a co-operation agreement with Glydways, a global leader in automated transit networks, for setting up an automated transit network, introducing a new mode of transport based on autonomous electric vehicles supported by AI technologies in Dubai. ...

Construction & Real Estate

Dubai Loop passenger tunnel project work set to start

Dubai’s Roads and Transport Authority (RTA) has signed a strategic partnership agreement with the US-based The Boring Company to start work on Dubai Loop, a cutting-edge passenger transport tunnel project in the emirate....

Construction & Real Estate

North 51 Consulting secures contract for Dubai ultra-luxury villa project

North 51 Consulting has secured the lead project and cost management consultancy contract for an ultra-luxury residential villa within the Al Barari community in Dubai. Set on a 33,956 sq. ft. plot, the villa features five bedrooms with key facilities including a private cinema, gym and sauna facilities. ...

Construction & Real Estate

Ssangyong E&C lands $250m Dubai residential towers contract

Leading Korean group Ssangyong Engineering & Construction (Ssangyong E&C) has won a $250 million contract from Dubai's state-owned real estate developer Wasl to build two high-rise residential developments in the Downtown Dubai area, said a report. ...

Construction & Real Estate

DMCC, Sweid & Sweid unveil new lifestyle destination in JLT

DMCC, a leading international business district that drives the flow of global trade through Dubai, and leading Dubai real estate developer Sweid & Sweid have announced the launch of BAY360, a new mixed-use development and lifestyle destination in Jumeirah Lakes Towers (JLT)....

Construction & Real Estate

TECOM Group achieves record revenues of $789m

TECOM Group, the creator of specialised business districts and vibrant communities, reported record revenues of AED2.9 billion ($789.65 million) for 2025, representing year-on-year (YoY) growth of 19%, alongside a 20% YoY increase in recurring net profit to AED1.5 billion ($408.44 million)....

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