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.
Work will soon start on the Mubarak Al Kabeer Port development in Kuwait following the allocation of KD1.2 billion ($3.9 billion) funds to carry out EPC work for Phase I of the project. On completion, the port will emerge as a key regional transport hub in line with Kuwait Vision 2035.
Ritchie Bros. closes 2025 on a strong note marked by record-breaking auctions and key anniversaries. Across EMEA and APAC, the company this year conducted 79 auctions, selling more than 101,800 lots from over 6,000 sellers and engaging 21,300+ buyers and 81,300+ bidders.
The African Development Fund (ADF), the financing arm of African Development Bank Group, has secured a record $11 billion from 43 partners for its 17th Replenishment (ADF-17), the largest in the Fund’s history despite severe global fiscal constraints.
Qsas Company, a major subsidiary of Saudi sovereign wealth fund PIF (Public Investment Fund), has announced the launch of its Alsirah Gardens project in Madinah. Spanning 70,000 sq m, it features seven enrichment zones offering interactive and creative experiences.
King Saud University has announced that its investment arm Riyadh Valley has signed an agreement with Diriyah Company to lease 552,000 sq m of land for 70 years, enabling the company to develop the area within Phase Two of the Diriyah Project (D2).
UAE-based The Luxe Developers has broken ground on its AED2.3 billion ($626 million) wellness-integrated luxury development - La Mazzoni - on Al Marjan Island, Ras Al Khaimah. Set for completion in Q3 2028, it features 562 fully furnished units and other key amenities.
Acwa Power has announced that it has signed a co-operation framework with African Development Bank (AfDB) to significantly strengthen collaboration in the development and funding of power generation and water desalination projects worth up to $5 billion across Africa.
Wood has secured more than $1 billion in contract wins across the Middle East in 2025, marking the second consecutive year of record sales bookings in the region. Wood has seen a near 20 per cent increase in awards compared to 2024, with wins across UAE, Iraq, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar.
Raimondi has announced the installation of six flat-top tower cranes for a major construction phase of Aljada, the large-scale master community development from Sharjah developer Arada. This marks the first time cranes from Raimondi T Series are being deployed at a GCC jobsite.
