Tag: UAE

Construction & Real Estate

UAE showcases its future cities model at BRICS Urban Forum in India

The UAE highlighted its pioneering experience in developing sustainable, resilient, and people-centered cities that leverage advanced technologies and data-driven approaches to support urban planning and decision-making at the 13th BRICS Urban Forum, hosted in New Delhi, India. ...

Construction & Real Estate

Arada unveils premium residential development in London

Leading UAE developer Arada has begun the pre-launch phase at 100 Avenue Road, a new residential development in North West London. Set for completion in Q4 2028, the 172-storey apartment building features a mix of studios to three bed-room apartments along with premium amenities....

Construction & Real Estate

UAE midday outdoor work ban begins today

The UAE today begins implementing its midday break (occupational heat stress prevention policy) which prohibits outdoor work under direct sunlight daily from 12:30 pm to 3:00 pm....

Construction & Real Estate

GFH, Octo in deal to develop $300m logistics and industrial platform

GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia. ...

Construction & Real Estate

UAE sees double-digit office rent growth, retail vacancy tightens: JLL

Strong market fundamentals cushioned the impact of broader regional uncertainties, driving resilience and sustained growth across prime office and retail segments in both Dubai and Abu Dhabi in the first quarter of 2026, according to JLL’s latest Real Estate Market Dynamics report. ...

Construction & Real Estate

Etihad Rail completes work on first passenger station in Fujairah

Etihad Rail, the developer of UAE's national railway network, has completed the work on Fujairah station, its first linking the northern emirate with Dubai and Abu Dhabi, ahead of launch of operations later this year. Spanning 51,900 sq m area, the station is located in Madinat Al Hilal area. ...

Construction & Real Estate

Tabreed delivers solid Q1 results; revenue hits $132m

UAE-based National Central Cooling Company (Tabreed) has reported solid results for the first-quarter with a revenue of AED486 million ($132.3 million) and a net profit of AED78 million ($21.2 million) for the three-month period. Its operational performance and cash generation remained resilient for Q1. ...

Construction & Real Estate

Sohar Titanium project reaches production stage

Sohar Titanium project in Oman has reached 90 per cent completion, marking its transition into the final development phase, said DUBAL Holding, the Dubai Government’s investment arm in commodities and industrial sectors....

Construction & Real Estate

Pullman Al Marjan Island nears major 2027 relaunch

Pullman Resort Al Marjan Island has entered the final phase of its transformation following earlier public area upgrades. The resort temporarily closed on May 1, 2026 and is scheduled to reopen in early 2027 as a revamped UAE destination....

Construction & Real Estate

ALEC Holdings posts $1.25bn Q1 revenue, up 87%; net profit doubles

ALEC Holdings, a market-leading diversified engineering and construction group with operations focused on large-scale, complex and iconic buildings and energy projects in the UAE and the KSA, reported a strong set of results for the first quarter ended March 31, 2026 (Q1 2026)....

Construction & Real Estate

Tawazun, Lockheed Martin to set up chiplet design, assembly plant in UAE

Leading UAE defence group Tawazun has joined hands with top global security and aerospace contractor Lockheed Martin to establish an advanced microelectronics assembly facility in the UAE. The project will be executed in partnership with EDGE and Khalifa University of Science and Technology. ...

Construction & Real Estate

betterhomes announces exclusive launch of 93-storey Dubai tower

UAE real estate agency betterhomes has announced the exclusive launch of City Tower, a premium long-term leasing address on Sheikh Zayed Road in Dubai, in collaboration with H&H. The 93-storey tower offers 695 residences - ranging from studios to four-bedroom homes - available to move in from June 20. ...

Construction & Real Estate

Takeem launches UAE’s first rental guarantee service

Takeem, an PropTech platform in the UAE, said it has launched the country's First Rental Guarantee service, a value-added offering for landlords, tenants and agents as regional markets navigate renewed uncertainty. The Takeem guarantee covers landlords against tenant non-payment and includes emergency maintenance for urgent property repairs. ...

Construction & Real Estate

Construction sector eyes AI to tackle daily workload pressures, says study

Majority of construction professionals (58%) believe AI could help reduce workload across their two biggest challenges - keeping projects on schedule and managing mid-project changes - while 65% believe AI could streamline their biggest administrative time drains, according to a new study. ...

Construction & Real Estate

GCC projects market hit by Iran war, contracts down 9.7pc

The GCC projects market experienced a slowdown in the first quarter due to the Middle East conflict with the total value of contracts plunging 9.7% to $61.2 billion, according to a report. This contraction was driven largely by a substantial downturn in contract awards within Saudi Arabia and UAE. ...

Construction & Real Estate

Object 1 announces Abu Dhabi foray with new 171-unit residential tower

UAE developer Object 1 has announced the official launch of its inaugural residential project in Abu Dhabi - A1LA Residence - featuring 171 apartments, including one- to three-bedroom units as well as a limited collection of two- and three-bedroom duplexes across 17 residential floors. ...