Tag: UAE

Construction & Real Estate

Fakhruddin, Holcim in deal to boost sustainable construction in UAE

UAE-based Fakhruddin Properties has signed a strategic agreement with Holcim to jointly advance sustainable construction across the region. It underscores the company’s commitment to championing sustainable building solutions that support the UAE’s net-zero ambitions....

Construction & Real Estate

Tight supply conditions drive UAE real estate sector growth in Q3

The UAE's real estate market experienced strategic evolution across the residential, hospitality and industrial sectors, with robust demand and shifting occupier and investor priorities actively reshaping market dynamics in Q3 2025, said an industry expert. ...

Construction & Real Estate

UAE real estate market in key Q3 growth momentum

The UAE real estate market extends growth momentum in Q3 with Abu Dhabi remaining on a stable long-term growth trajectory supported by rising demand, while Dubai continues to see unprecedented expansion with multiple projects, said a report. ...

Construction & Real Estate

Mirage named project management consultant for RAK mixed-use project

Mirage, a leading multidisciplinary engineering group, has been appointed as the project management consultant for Janu Hotel & Branded Residences on Al Marjan Island in Ras Al Khaimah. The project comprises a 132-key upscale hotel, five premium villas and 73 residential units....

Construction & Real Estate

UAE cabinet approves $707m housing package for 2025

The UAE cabinet has approved 3,567 housing packages for Emirati citizens worth a total AED2.6 billion ($707 million) during 2025, including 524 presidential grants; 623 government housing as well as 2,388 housing financing decisions. ...

Construction & Real Estate

Wynn Al Marjan Island resort set for topping-out

Wynn Resorts has announced continued progress on its first integrated resort - Wynn Al Marjan Island - coming up in UAE. The 305-m tower is nearing its full height with topping-out likely by month end, ahead of the planned mid-2027 opening....

Construction & Real Estate

Indian luxury real estate group Sunteck enters UAE market

Sunteck Realty, one of India’s most disruptive luxury real estate developers, has announced its entry into the UAE market with a Downtown Dubai development and an ultra-luxury pipeline exceeding AED15 billion ($4.1 billion) over the next three years. ...

Construction & Real Estate

UAE groups ARY, Maher Al Zarooni set up new property JV

UAE groups ARY and Maher Al Zarooni have announced the formation of ARY & MAZ Developments, a joint venture set to deliver a new wave of landmark projects in Dubai with an estimated AED2.5 billion ($681 million) development pipeline. ...

Construction & Real Estate

EMSTEEL 9M revenue up 10% to $1.77bn; net profit $77m

EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, today reported revenues of AED6.5 billion ($1.77 billion) for the first nine months of 2025, marking a 10% increase compared to the same period last year....

Construction & Real Estate

SEE Engineering celebrates 25 years of success

SEE Engineering, a member of SEE Holding group, celebrated its 25th anniversary, marking a journey that began in October 2000 with the founding of Jeet Construction. ...

Construction & Real Estate

UAE's first Green Innovation District to come up at Expo City Dubai

Expo City Dubai has announced plans to launch the UAE's first Green Innovation District in collaboration with four strategic partners. Catering to businesses involved in the circular economy, it will offer flexible office, retail and F&B space as well as a number of light industrial unit and farm plots....

Construction & Real Estate

Canadian smart building solutions provider 1Valet enters UAE

Canadian smart building solutions group 1Valet Corp is set to enter the UAE market with its proprietary hardware, introducing an innovative urban lifestyle ecosystem that will create new revenue streams for developers and asset managers. ...

Construction & Real Estate

93,000 homes, 15,000 glow-ups - UAE gear up for Diwali

Justlife, a leading super-app for at-home services in the Middle East, has recorded 93,000 home cleaning bookings, as residents get ready for a fresh start before the 'Festival of lights' Diwali. Furniture cleaning reached 2,400 bookings, recording a 90% jump over last year. ...

Construction & Real Estate

EWEC awards 1.5GW Khazna Solar PV project deal to Engie, Masdar

EWEC, a leading company in the integrated planning, purchasing and supply water and electricity across the UAE, has awarded its new 1.5 gigawatt (GW) Khazna Solar Photovoltaic (PV) Independent Power Project to Engie and Masdar....