Construction & Real Estate

Construction & Real Estate

Parkin makes Egypt foray with new smart mobility solutions deal

Wed, 19 Aug 2026

Parkin Company has signed an agreement with Modon Misr for Asset & Facility Management, Mwasalat Misr and Redcon Properties to explore opportunities for collaboration in developing parking management and smart mobility solutions in Egypt, thusmarking its first entry into the Egyptian market.

Construction & Real Estate

Dewa integrates carbon reduction, biodiversity into infrastructure projects

Wed, 19 Aug 2026

Dubai Electricity and Water Authority (Dewa) said it is integrating sustainability measures across its infrastructure projects to help cut carbon emissions, boost resource efficiency and support the emirate’s clean energy transition as the emirate pushes ahead with its sustainability goals.

Construction & Real Estate

Tomorrow World, Missoni forge deal ahead of premium Dubai project launch

Wed, 19 Aug 2026

UAE developer Tomorrow World Properties has signed an official partnership with Italian luxury brand Missoni for an upcoming launch of a new development in Dubai. Each home will boast designer interiors by Missoni – including their signature patterns and custom-made fixtures.

Construction & Real Estate

UAE's PropTech sector to hit $1.6bn by 2032, says report

Wed, 19 Aug 2026

UAE's PropTech sector is poised for solid growth over the coming years with the market set to hit AED5.95 billion ($1.6 billion) by 2032 with a CAGR of 13.28% between 2026 and 2032, thanks mainly to Virtual Reality and Augmented Reality technologies that are driving this evolution, said a report.

Construction & Real Estate

Statetron to develop AI, robotics-powered industrial facility in Qatar

Wed, 19 Aug 2026

Swedish industrial technology company Statetron has announced plans to develop a 10-hectare industrial facility in Qatar combining artificial intelligence (AI), robotics, energy storage and autonomous logistics in a manufacturing system designed to scale to multi-gigawatt capacity.

Construction & Real Estate

Bahri unit seals strategic logistics collaboration with Red Sea Global

Wed, 19 Aug 2026

Bahri Logistics, a unit of Saudi national shipping company Bahri, has signed an agreement with Red Sea Global, the developer behind regenerative tourism destinations to expand their existing partnership and also explore new opportunities for strategic logistics collaboration.

Construction & Real Estate

SWA unit signs deal with Al Holol to manage Saudi desalination plants

Wed, 19 Aug 2026

Saudi Water Authority (SWA) said its operational unit has entered into an agreement to transfer the management and supervisory responsibilities for a portfolio of desalination plants to Al Holol Water Desalination Company, covering facilities that use groundwater and surface water.

Construction & Real Estate

Over 1,500 global firms taking part in Middle East Energy

Wed, 19 Aug 2026

More than 1,500 global energy companies have confirmed participation in the 50th edition of Middle East Energy in Dubai this September.

Construction & Real Estate

Cenomi Centers seals leasing deal with Saudi PIF unit for Madinah Downtown mall

Wed, 19 Aug 2026

Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has signed a deal with Saudi Downtown Company, a Public Investment Fund (PIF) company, for the leasing and operation of a premium mall within the Al Madinah Downtown project for 25 years.

Construction & Real Estate

AI, blockchain and smart buildings reshape UAE property landscape

Wed, 19 Aug 2026

Technology is becoming a bigger factor in UAE real estate, with tokenisation, artificial intelligence, digital investor platforms and real-time air-quality monitoring likely to reshape how properties are bought, managed and experienced in the second half of 2026, said a leading property developer.