Saudi Arabia's Diriyah Company has awarded a SAR2.7 billion ($723.54 million) contract to build the Waldorf Astoria superblock, to a joint venture between Hassan Allam Construction Saudi Limited and Urbacon Saudi Company, a subsidiary of UCC Holding.
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.
Almar Water Solutions, a part of Jameel Environmental Services and a global leader in water infrastructure development and services, has secured a $940 million contract from Saudi oil giant Aramco to expand its Zuluf Water Treatment Project, thus increasing its treatment capacity to 308,000 cu m/day.
Jasara Program Management Company, a Saudi PIF venture, has entered into an agreement with Diriyah Company to provide project and construction management services for Royal Diriyah Opera House and Grand Mosque as well as other key projects centered around the grand avenue in Diriyah.
BYD Energy Storage has announced that it has secured a major contract from Masdar, a global clean energy leader, for a gigascale round-the-clock renewable energy project in Abu Dhabi. The project has a single-station scale of 1,644 MW with 11.275 GWh of BYD Haohan deployed.
Majid Developments has accelerated construction on its flagship residential project Arlington Park 2 in Dubailand, following strong investor demand across its expanding portfolio in the emirate. It comprises 129 apartments with a mix of studios and one- to three-bedroom units.
The Cityscape brand is expanding to Saudi Arabia’s Western Region with the launch of Cityscape West KSA, sponsored by the Ministry of Municipalities and Housing (MOMAH), creating a dedicated platform for the region.
Dubai’s real estate market continued to consolidate its position among the strongest property markets worldwide in 2026, supported by a comprehensive range of economic and investment indicators reflecting strong demand, high liquidity, sustained capital inflows and an increasingly advanced regulatory and digital ecosystem, according to W Capital Real Estate Brokerage.
NMDC Group, a global leader in integrated marine, energy, construction, logistics, and engineering solutions, today reported a 6% increase in revenues for the first half of 2026 (H1 2026), reaching AED14.1 billion ($3.84 billion), compared to AED13.4 billion in the same period last year.
The Global Competitive Urban Planning Initiative Benghazi (GCUPI-B) is urging firms, experts, startups and innovators from around the world to secure their place in the event before the final registration deadline of July 31.
