Construction & Real Estate

Construction & Real Estate

RTA opens two new bridges under Trade Centre Roundabout project

Sun, 21 Dec 2025

Dubai’s Roads and Transport Authority (RTA) has opened two bridges under Trade Centre Roundabout Development. The project scope covers three more bridges extending 5,000 m and conversion of a roundabout into an at-grade intersection.

Construction & Real Estate

Alfanar Projects secures key Saudi underground cables project

Sun, 21 Dec 2025

Alfanar Projects has announced that it has secured a major contract from the Royal Commission for Jubail and Yanbu (RCJY) for the design and construction of an underground cable project that will feed the industrial area in Jizan City.

Construction & Real Estate

TECOM Group launches Phase 4 of Innovation Hub in Dubai Internet City

Fri, 19 Dec 2025

TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address the rising demand for Grade-A office spaces from global multinational companies.

Construction & Real Estate

ADNOC secures $11bn financing for Hail & Ghasha gas development

Fri, 19 Dec 2025

Abu Dhabi National Oil Company (ADNOC), in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP), has signed a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production.

Construction & Real Estate

Saudi Arabia completes world's largest BESS project grid connection

Fri, 19 Dec 2025

Saudi Arabia has officially completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8GWh.

Construction & Real Estate

Modon inks $1.36bn contract for 735 Abu Dhabi villas

Fri, 19 Dec 2025

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED5 billion ($1.36 billion), the contract is the largest awarded for residential projects in Abu Dhabi in 2025.

Construction & Real Estate

MYCRANE Trading to receive first stock in January

Fri, 19 Dec 2025

MYCRANE Trading, the newly established crane sales, leasing and maintenance services provider based in Jebel Ali Free Zone, has announced that its first stock will arrive in mid-January 2026, following recent purchase and inspection visits by the MYCRANE team in both Asia and Europe.

Construction & Real Estate

Desert Technologies signs deal with Astronergy for N-Type Solar PV modules

Fri, 19 Dec 2025

Desert Technologies (DT), a leading Saudi renewable energy company, has signed a major supply agreement with Astronergy for 13 MWp of high efficiency N-Type photovoltaic modules to support a flagship solar project in the Northern Region of Saudi Arabia.

Construction & Real Estate

Emirates Stallions unit inks deal to launch Radisson Residences in Abu Dhabi

Fri, 19 Dec 2025

Royal Development Holding (RDH), a key subsidiary of Emirates Stallions Group, has joined hands with top hospitality major Radisson Hotel Group to unveil its waterfront branded-residential portfolio - Radisson Residences Al Reem Island.

Construction & Real Estate

Dubai event to highlight the role of lighting design in transport settings

Fri, 19 Dec 2025

Light + Intelligent Building Middle East 2026 will bring together regional and global industry experts to Dubai where they will discuss the role of lighting design in transport settings such as airports, metro stations, and bus terminals.