Tag: projects

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....

Construction & Real Estate

Saudi residential, infrastructure projects drive construction growth in June

Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report. ...

Construction & Real Estate

Fluor snaps up long-term PMC agreement from Aramco

Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio. ...

Construction & Real Estate

Oman awards over $296m tenders for development projects

Oman has awarded RO114 ($296 million) project development tenders for the first half of the year. These include big-ticket projects such as the third package of Al Batinah Expressway; the construction of Al Jabal Al Abyad Road as well as Sultan Taimur bin Faisal Road dual carriageway. ...

Construction & Real Estate

Dubai's real estate projects value top $75bn in H1

The current pace of launches have put Dubai on track for one of its biggest real estate years in history with the value of prospect and new development projects across the emirate since the beginning of 2026 surging to more than AED275 billion ($75 billion), said a report. ...

Construction & Real Estate

Dewa launches international subsidiary to develop energy projects worldwide

Dubai Electricity and Water Authority said it has set up a new wholly-owned independent subsidiary - Dewa International - for developing conventional and clean energy projects worldwide and exporting the emirate's successful energy and water infrastructure model to global markets. ...

Construction & Real Estate

Modon to develop premium infrastructure projects in Al Dhafra Region

Modon Holding, an Abu Dhabi-based company with key interests in real estate, hospitality and tourism sectors, said it aims to develop premium infrastructure projects in Al Dhafra Region of the emirate and create integrated urban environments that support economic and social growth in the region. ...

Construction & Real Estate

RTA inks deal with Jafza to advance integrated road regulation in Dubai

Dubai’s Roads and Transport Authority (RTA) has signed a co-operation agreement with Jafza to advance regulatory integration in support of regulation of roads. The pact aligns with Dubai’s vision and strategic objectives to enhance road safety and ensure the delivery of development projects as per global standards. ...

Construction & Real Estate

Qatar government tenders hit $2.35bn in Q1

Qatar's government tenders and bids achieved a total value of QR8.6 billion ($2.35 billion) during the first quarter of 2026, according to a Ministry of Finance (MOF) has announced....

Construction & Real Estate

Emaar Properties Q1 revenue hits $3.4 billion; profit before tax $2bn

Emaar Properties delivered a strong start to the year 2026, supported by sustained demand across its core segments. In Q1 2026, Emaar’s revenue increased by 23 percent, while EBITDA grew faster at 34 percent, reflecting operating leverage, portfolio quality, and sustained cost discipline....