Abu Dhabi's Metal Park has announced the launch of 25,000–30,000 metric tons per month of new cut-and-bend rebar capacity starting in Q2 2026, equivalent to roughly 10–12% of the UAE’s total monthly consumption.
For more than a decade, the telecommunications industry has been defined by a single metric: speed. In Saudi Arabia’s rapid digital transformation, speed served as the initial catalyst - connecting cities, enabling services, and laying the foundation for a modern, connected economy.
Caterpillar, a global leader in the manufacture of construction and mining equipment, has announced the launch of its new Cat 707 wide body truck with a rebuildable, cost-effective design.
Luxury property developer Sobha Realty has announced its foray into the Abu Dhabi market with the unveiling of its master-planned community - Sobha City. Spanning 38 million sq ft, it is envisioned as a 'City within a city' featuring a range of residences along with a 2-km waterfront promenade and integrated marina destination.
Alpha Nero, the Dubai-founded luxury retail fitout and shopfitting specialist, has officially launched a dedicated luxury residential division as demand continues to increase among ultra-prime private residence owners in the UAE and the wider GCC, despite ongoing challenges in the region.
UAE's construction firms are sitting on significant R&D tax credit opportunities from advanced materials and modular construction to AI-driven project management and robotics but unlocking this value will require early action on pre-approval, documentation, and workforce planning, said an expert.
Kuwait has announced plans to develop six underground reservoirs in Al Na’eem region of the country, each with a capacity of 100 million imperial gallons. The move comes as part of its broader strategy to expand strategic water reserves and ensure supply during peak demand periods.
Qiddiya Investment Company has signed an agreement with King Faisal Specialist Hospital and Research Centre (KFSH) for joint collaboration on the establishment of a premium facility in Riyadh that will deliver specialised sports medicine services in line with international standards.
Saudi Arabia has announced the launch of the Expression of Interest (EoI) phase for the development of the Quality Valley project in Riyadh under a PPP model. The project scope includes the development of the HQ site of Saso in Riyadh and transforming it into a 191,000-sq-m integrated mixed-use masterplan.
Bahrain Real Estate Investment Company (Edamah) is set to begin beach enhancement works at Bilaj Al Jazayer as part of the project's first phase. Spanning over 80,000 sq m, Phase I will deliver a lifestyle-led beachfront, including enhancing the shoreline with shaded walkways, sports and outdoor fitness areas.
