Tag: projects

Construction & Real Estate

Dubai Municipality completes projects worth $440m in 2026

Dubai Municipality has completed over 107 projects worth AED1.6 billion ($440 million) in 2026, marking a significant milestone in the continued development of the emirate's public and community spaces....

Construction & Real Estate

Emaar chief unveils $16bn Syria property investment plans

Dubai master-developer Emaar Properties plans to invest more than $16 billion in real estate and tourism development projects in Syria, with investment decisions guided by economic feasibility, development potential and social responsibility amid ongoing economic and geopolitical challenges, said its top official. ...

Construction & Real Estate

Dubai has $572bn projects underway, more to come: Sheikh Mohammed

Dubai has nearly AED2.1 trillion ($571.5 billion) worth of projects underway across housing, transportation, aviation, infrastructure and economic development, with more projects to be announced in the coming phase, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said....

Construction & Real Estate

Project Oman 2026 to spotlight $120bn construction pipeline

Oman’s construction sector is poised for growth, supported by a pipeline of projects worth $120 billion through 2030 spanning infrastructure, tourism and industrial development, with the sector’s investment opportunities set to be highlighted at Project Oman 2026 in Muscat this November. ...

Construction & Real Estate

Oman's Raysut Industrial City attracts nine new projects in H1

Oman’s Public Establishment for Industrial Estates (Madayn), has announced that its key affiliated unit - Raysut Industrial City - attracted nine new projects in the first half of 2026. The projects span key sectors including iron manufacturing, mining, food and services. ...

Construction & Real Estate

Developers hold off-plan pricing steady while sales volumes adjust

Dubai's developers have largely held their off-plan prices steady through 2026 in the face of adjustments in sales volumes and absorption rates, said a new report, adding that pricing has begun to decide how quickly projects sell out. ...

Construction & Real Estate

ASAS Real Estate kicks off infrastructure development works across Sharjah

ASAS Real Estate, a unit of Sharjah Islamic Bank, has announced the start of infrastructure development works across 11 residential, commercial and industrial land projects in the emirate. The work covers internal roads, electricity, water and telecom networks as well as street lighting. ...

Construction & Real Estate

Dubai records $29.3bn in completed real estate projects in H1

Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report. ...

Construction & Real Estate

Oman’s Al Mazunah Free Zone draws $366m investments in H1

Oman's Al Mazunah Free Zone has localised four projects during the first half, covering industrial and logistics sectors spanning 2,415 sq m. With this move, its cumulative investment in the free zone has risen to RO141 million ($366 million), with leased space topping 1.4 million sq m out of a total 15.36 million sq m. ...

Construction & Real Estate

Big 5 Construct Saudi brings together construction, project leaders

Big 5 Construct Saudi, which kicked off at Riyadh Front Exhibition & Conference Center on Monday, will feature in-depth technical discussions, product showcases and opportunities for industry professionals to connect with suppliers, project stakeholders and experts from across the ecosystem during the next two days....

Construction & Real Estate

Casagrand unveils Dubai expansion, to develop 6m sq ft of projects

Casagrand, one of India's leading real estate developers with more than 22 years of delivery experience and over 200 completed and ongoing projects, today outlined plans to develop more than 6 million sq ft of premium residential and mixed-use space in Dubai over the next three years....

Construction & Real Estate

Saudi Arabia sets 70pc localisation target for project management jobs

Saudi Arabia will start implementing a 70% localisation in project management professions in the private sector starting from February next year, said a report. The move, aimed at boosting the locals' participation in the labour market, is in line with the objectives of Saudi Vision 2030. ...

Construction & Real Estate

Eskan seeks bids for Madinat Salman Community project work

Bahrain's Eskan Bank has invited bids from leading contractors for Madinat Salman Community Development Phase II project. The projects cover a central market, a supermarket and a sports facility - featuring two football fields and two drive-through buildings - with a combined BUA of 5,231 sq m. ...

Construction & Real Estate

ALEC H1 revenue jumps 68pc to $2.4bn on project execution

UAE-based engineering and construction group ALEC Holdings has recorded a 67.6% jump in its H1 revenue which rose to AED8.99 billion ($2.45 billion), helped by higher activity across its major projects, while profitability was hit by disruptions to energy services amid regional geopolitical tensions. ...

Construction & Real Estate

Mohammed Bin Rashid Housing Establishment seals partnership with Amana

Mohammed Bin Rashid Housing Establishment has signed an agreement with UAE-based Amana Contracting and Steel Buildings, in a move aimed at strengthening co-operation and working together on projects of mutual interest and facilitating the exchange of technical and specialised expertise....

Construction & Real Estate

Dorsch named Expo 2030 Riyadh construction supervision consultant

Dorsch Global, a major planning and consulting group based in Germany, has announced that its Saudi unit has been signed up as one of the construction supervision consultants for Expo 2030 Riyadh, one of the kingdom's most ambitious and globally significant projects. ...

Construction & Real Estate

Kent secures long-term deals with Aramco for future EPC projects

Global engineering solutions provider Kent has strengthened its footprint in Saudi Arabia after securing long-term agreements and project management consultancy (PMC) contracts with Saudi oil giant Aramco, positioning the company for future brownfield EPC work in the kingdom. ...

Construction & Real Estate

Damac announces handover of 8,800 residential units across Dubai

Damac Properties, a leading real estate developer in UAE, has announced the handover of 8,800 residential units across Dubai in 2026. This is alongside more than AED10 billion ($2.27 billion) worth of construction contracts awarded during the first half of the year....