Construction & Real Estate

Construction & Real Estate

Savills strengthens GCC residential investment platform with senior appointment

Tue, 08 Sep 2026

Savills has strengthened its international residential investment platform with the appointment of Greg Stockton as International Head of UK Investment Sales and Distribution, based in Dubai.

Construction & Real Estate

Embosal launches new LSAW heavy-wall thickness pipe mill in RAKEZ

Tue, 08 Sep 2026

United Arab Emirates-based tube and pipe manufacturer Embosal is installing a new Longitudinal Submerged Arc Welding (LSAW) pipe and tube mill at its facility in Ras Al Khaimah Economic Zone (RAKEZ).

Construction & Real Estate

KEC in deal to develop $184m Madinah mixed-use project

Tue, 08 Sep 2026

Saudi Arabia's Knowledge Economic City (KEC) has announced that it had signed an agreement with Kaden Investment Company to develop a mixed-use project in Madinah with an estimated gross floor area of about 229,117 sq m.

Construction & Real Estate

Saudi Red Sea kicks off operation of giant off-grid renewable energy system

Tue, 08 Sep 2026

Saudi Arabia’s Red Sea tourism destination has begun commercial operations in one of the world’s largest integrated off-grid utilities system, powered entirely by renewable energy, thus marking a new phase in the development of the multibillion-dollar destination.

Construction & Real Estate

Fakhruddin Properties unveils 463-unit premier mixed-use project in Dubai

Tue, 08 Sep 2026

Fakhruddin Properties has announced the launch of its premier mixed-use development - Tréppan Vision - in Dubai featuring 463 units across three asset classes: 408 apartments, 48 office suites and seven retail units. The residential mix, where robots become part of everyday life, will include 252 smart studios, 108 one- and 48 two-bed residences.

Construction & Real Estate

Dubai completes realty projects worth $30.22bn in H1 2026

Tue, 08 Sep 2026

Dubai completed 104 real estate projects worth AED111 billion ($30.22 billion) in the first half (H1) of 2026, adding 24,537 units to the market.

Construction & Real Estate

Cityscape Qatar returns with 400+ live projects

Tue, 08 Sep 2026

Cityscape Qatar, the country’s premier property and investment showcase, returns to the Doha Exhibition & Convention Center (DECC) from October 27 to 29 with more than 400 live projects.

Construction & Real Estate

FAB sets $27.2bn Blue Finance target, becomes first MENA bank to join UN charter

Tue, 08 Sep 2026

First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest financial institutions, has become the first bank in the Middle East and North Africa (MENA) region to sign the UN Sustainable Blue Economy Finance Principles, and establish a AED100 billion ($27.23) blue finance target to support water and blue economy-related financing between 2026 and 2035.

Construction & Real Estate

Ithra opens registration for eighth edition of design

Tue, 08 Sep 2026

The King Abdulaziz Centre for World Culture (Ithra), an Aramco initiative, has opened registration for the eighth edition of Ithra Design Challenges.

Construction & Real Estate

Garuda unit wins landmark Jeddah twisting tower deal

Tue, 08 Sep 2026

Indian group Garuda Construction and Engineering said its key subsidiary, Dream City Builders has secured a contract for the development of a 93-storey twisting tower in the Saudi city of Jeddah featuring a five-star hotel with 350 rooms and a diamond-shaped rooftop restaurant.