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Tag: construction

Construction & Real Estate

ALEC distributes 28,500 hygiene care packages to construction workers

ALEC Holdings, a leading diversified engineering and construction group, mobilised its 1,400+ personnel along with its subcontractors for a major donation drive. The company also distributed 28,500 hygiene care packages to construction workers across its UAE project sites. ...

Construction & Real Estate

Alta defies regional headwinds, keeps projects on track

UAE-based Alta Real Estate Development has announced that construction activity continues across its portfolio despite the challenging situation in the region, thus reflecting the strength, resilience and long-term vision underpinning Dubai’s continued growth. ...

Construction & Real Estate

Mered achieves key milestones at its Dubai ultra-luxury residential tower

Mered, a leading real estate developer, has reported significant progress on its ultra-luxury residential tower - Iconic Residences Design by Pininfarina - with its fully mobilised teams achieving key milestones in structural works, MEP systems, interior fit-outs, and material co-ordination. ...

Construction & Real Estate

Metal Park seals lease agreement with top Dubai developer Binghatti

Metal Park, the first integrated downstream metals ecosystem based in Kezad, Abu Dhabi, has signed a lease agreement with Dubai developer Binghatti, thus establishing a collaboration focused on optimising its own construction supply chain through improved control, efficiency and material assurance. ...

Construction & Real Estate

National Properties unveils Grade A commercial tower in Barsha Heights

National Properties, the real estate subsidiary of UAE investment company National Bonds, has announced the groundbreaking of its new 26-storey Grade A office tower at Barsha Heights in Dubai. Designed by the globally recognised practice NORR Architects & Engineers, it is set for completion in Q4 2028. ...

Construction & Real Estate

Dubai completes Nad Al Sheba 3 road development works

Dubai’s Roads and Transport Authority (RTA) has completed a package of road development works in Nad Al Sheba 3, including paving 2km of internal roads, applying road markings, and providing parking spaces, alongside installing 50 lighting units and directional traffic signs. ...

Construction & Real Estate

DIFC announces completion, phased handover of DIFC Square

Dubai International Financial Centre (DIFC) has announced the successful completion and phased handover of DIFC Square ahead of schedule. Spanning over 600,000 sq ft, the development forms an ensemble of three interconnected glass façade buildings with dedicated parking facilities and retail spaces. ...

Construction & Real Estate

Khansaheb achieves key milestone at Dubai Harbour Residences

Khansaheb Civil Engineering, a leading regional construction and engineering powerhouse based in UAE, has announced that it has achieved a major construction milestone by clocking 1 million manhours without a Lost Time Injury at the Dubai Harbour Residences project....

Construction & Real Estate

Construction sector faces brunt of disruptions caused by Gulf conflict

The ongoing conflict in the Gulf and severe disruption to shipping through the Strait of Hormuz are beginning to weigh heavily on the region’s construction sector, with contractors facing mounting cost pressures, delivery delays and heightened financial risk....

Construction & Real Estate

RAK Properties launches sale of three-tower development

RAK Properties, a leading UAE real estate developer, has announced the sales for Lunara on The Strand, a prime development featuring 583 homes across a collection of three connected towers within the Marjan Beach District in Ras Al Khaimah. The project is set for completion in Q1 2029. ...

Construction & Real Estate

L&T units wins near $1.1bn Mideast substations contracts

Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region. ...

Construction & Real Estate

Heisco snaps up $567m KOC upstream infrastructure development work

Heavy Engineering Industries & Shipbuilding Company has announced that it has secured a major contract worth KD174.2 million ($567.4 million) from Kuwait Oil Company for the construction of flowlines and associated works at its upstream oil facilities. ...

Construction & Real Estate

Omniyat awards main works contract for flagship luxury Dubai tower

Omniyat, a leading UAE developer, has signed up Dutco as the main contractor for its flagship ultra-luxury commercial tower Enara in Dubai. Located within the Burj Khalifa District, the project is a combination of five-star hospitality-inspired amenities with sustainable, future-ready design. ...

Construction & Real Estate

Oman announces plans for $3.8bn development projects

Oman's Tenders Board has announced that the total value of the government’s upcoming development projects stands at more than RO1.5 billion ($3.8 billion), These include ports, roads, dams, buildings and public facilities as well as pipeline network projects and well drilling. ...

Construction & Real Estate

Nemetschek inks strategic partnership with leading Saudi FM body

Nemetschek, a leading software provider for the architecture, engineering, construction and operations (AEC/O) industry, has signed a strategic agreement with the Saudi Facility Management Association to support the advancement of the facilities management sector in the kingdom. ...

Construction & Real Estate

KIB seals co-op agreement with Kuwaiti construction major ACICO

Kuwait International Bank (KIB) has announced the signing of a strategic co-operation agreement with ACICO Group, a leader in the construction and industrial sectors, to provide affordable financing solutions for citizens to build their residential plot. ...

Construction & Real Estate

Ajman launches 'automatic issuance' of villa building permits

The tiny northern emirate of Ajman has launched an automated mechanism for issuing residential villa building permits for UAE nationals via five-star-rated engineering offices, as part of its efforts to accelerate construction procedures and improve the quality of engineering outputs. ...

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. ...

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