Construction & Real Estate

Abu Dhabi residential market posts record Q1 with $10.4bn in sales

Abu Dhabi’s residential real estate sector delivered its strongest first quarter on record this year, with AED38.1 billion ($10.4 billion) worth of sales across 8,100 transactions, said a top property consultancy, adding that Yas Island was in pole position for biggest jump in sales and rental prices. ...

Construction & Real Estate

Armstrong Fluid Technology names UAE regional sales manager

Leading intelligent flow equipment manufacturer, Armstrong Fluid Technology, has appointed Erwan Elias as a regional sales manager for the UAE. An industry veteran, he brings 15 years’ experience in HVAC, pump manufacturing and the water industry. ...

Construction & Real Estate

Dubai residential property sales hit 57,300 in four months of 2026

Dubai's residential real estate market recorded more than 57,300 sales between January and April 2026, with transactions in the off-plan sector rising 3.3% year-on-year, says leading real estate advisory and property consultancy Cavendish Maxwell. ...

Construction & Real Estate

Hanna Ihnatovich named Volvo CE global sales head

Volvo Construction Equipment (Volvo CE), a global leader in construction solutions, has announced the appointment of Hanna Ihnatovich as the new Head of Sales (International). An industry veteran, Hanna had held a range of commercial roles globally and also across Europe region. ...

Construction & Real Estate

Abu Dhabi real estate activity stable; nets over $3.4bn in sales

Residential unit sales in Abu Dhabi during March and April remained stable, with April exceeding 3,200 residential units sold and AED13 billion ($3.45 billion) in sales value, said a report from the Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector. ...

Construction & Real Estate

Damac tops Q1 performance with $849m in sales

UAE-based luxury project developer Damac Properties has capped off a strong Q1 performance, emerging as the market leader in March. With AED3.12 billion ($849 million) in sales across 1,106 transactions, Damac reinforces its dominant market position, said its top official. ...

Construction & Real Estate

Saudi cement sales volume down 10.5pc in February

Cement sales volumes across the Kingdom of Saudi Arabia fell in February on both an annual (10.5% decline) and monthly basis (16.3%) to 4.28 metric tonnes, thus reflecting softer demand mainly due to Ramadan season. The clinker inventory too fell by 0.3% m-o-m to 42.7MT. ...

Construction & Real Estate

Tissoli launches Phase 2 of flagship residential project in RAK

Tissoli, a leading real estate developer, has announced the sales launch of the second phase of its AED1.2 billion ($327 million) flagship development, Palazzo Tissoli, in Ras Al Khaimah. It involves a limited collection of fully furnished studios, and one-bedroom apartments featuring sweeping sea views. ...

Construction & Real Estate

Alba 2025 profit surges 18.5pc to $582m on higher production, record sales

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced solid results for FY 2025, recording a net profit of BD219 million ($582 million), up 18.5% over the previous year, on the back of higher production and record sales volume despite market challenges. ...

Construction & Real Estate

Abu Dhabi property market records $3.2bn in January sales

Abu Dhabi’s residential property market began 2026 on solid footing, netting AED12 billion ($3.2 billion) in total sales across 2,600 transactions in January, said a report. Off-plan properties accounted for 83% of total deals for the month, significantly outperforming the secondary market. ...

Construction & Real Estate

EY launches Studio+ in Mena to boost AI-powered customer-first transformation

EY launched Studio+ in Mena at its regional headquarters in King Abdullah Financial District (KAFD), Riyadh. A globally integrated offering, it brings together over 200 regional specialists in design, sales and customer experience, with direct access to a global network of over 7,000 professionals. ...

Construction & Real Estate

Dubai records strongest residential year in 2025; nets $149bn in sales

Dubai has recorded its strongest residential year on record for 2025, with the total sales value reaching AED547 billion ($149 billion), up 28% year-on-year, across 203,000 transactions as demand, liquidity and prices all advance together, said a new report. ...