Construction & Real Estate

Construction & Real Estate

Saudi utility major Acwa names new CEO

Sun, 01 Mar 2026

Acwa, the world’s largest private water desalination company, has appointed Dr. Samir J. Serhan as its new Chief Executive Officer. An industry veteran, he brings more than three decades of global leadership experience across large-scale industrial and infrastructure organisations to the new role.

Construction & Real Estate

Hassan Allam seals Oman water transmission network deal

Sun, 01 Mar 2026

Hassan Allam Construction has secured a key water transmission network contract from Oman Water & Wastewater Services Company in Al Sharqiyah North Governorate. The scope of work includes laying of 76 km of transmission lines, nearly 600 km of distribution networks and seven high-capacity reservoirs.

Construction & Real Estate

Major GCC landmarks hit in Iranian retaliatory attacks

Sun, 01 Mar 2026

The ongoing Middle East conflict involving US, Israel and Iran has impacted several major landmarks in the region including Burj Al Arab, Palm Jumeirah, Dubai International Airport, Jebel Ali Port in UAE as well as Crowne Plaza, a premium five-star hotel in Bahrain.

Construction & Real Estate

OQ launches Feed tender for Natural Gas Liquids Extraction plant

Sun, 01 Mar 2026

OQ Group has launched a Front-End Engineering Design (FEED) tender for the Saih Nihayda Natural Gas Liquids (NGL) extraction plant. Once operational, the project will have a processing capacity of up to 48 million cu m per day, said a report.

Construction & Real Estate

Global cement industry leaders to gather in Bangkok for WCA conference

Sat, 28 Feb 2026

Global cement industry leaders, policymakers and technology providers will examine the strategic, operational and sustainability challenges shaping the sector’s next phase of transformation at a major conference in April.

Construction & Real Estate

Residential unit sales of $20.69bn drive Abu Dhabi real estate market

Sat, 28 Feb 2026

Residential unit sales emerged as the primary growth driver for Abu Dhabi's real estate market in 2025, expanding from approximately AED19 billion in 2022 to AED76 billion ($20.69 billion) in 2025, representing a fourfold increase driven by off-plan sales growth and master-planned community development.

Construction & Real Estate

Al Futtaim, Siemens in deal to boost digital transformation in real estate

Sat, 28 Feb 2026

Al Futtaim Real Estate, a unit of leading UAE business conglomerate Al Futtaim, has announced a landmark strategic partnership with global technology powerhouse Siemens, in a major move aimed at accelerating the digital transformation and sustainability in the property sector.

Construction & Real Estate

RAK Properties launches sale of three-tower development

Fri, 27 Feb 2026

RAK Properties, a leading UAE real estate developer, has announced the sales for Lunara on The Strand, a prime development featuring 583 homes across a collection of three connected towers within the Marjan Beach District in Ras Al Khaimah. The project is set for completion in Q1 2029.

Construction & Real Estate

RTA opens second-level bridge at World Trade Centre Roundabout

Fri, 27 Feb 2026

Dubai’s Roads and Transport Authority (RTA) has opened a second-level bridge as part of the World Trade Centre Roundabout Development. The one-km-long structure comprises two lanes with a design capacity of 3,000 vehicles per hour linking Sheikh Zayed Road and Sheikh Khalifa bin Zayed Street.

Construction & Real Estate

Metal Park joins German group Frindt to launch digital laser cutting services

Fri, 27 Feb 2026

Metal Park, an integrated downstream metals ecosystem based in Kezad, Abu Dhabi, has signed a strategic agreement with Germany-based digital industrial technology specialist Frindt Consulting to launch its advanced digital laser cutting services in the UAE and transform sheet metal work across the region.