Leading regional construction groups - Hassan Allam Construction and Galfar Engineering & Contracting - have announced a strategic agreement aimed at strengthening co-operation and pursuing future business opportunities across Oman.
Midal Cables, a leading industrial group with a strong manufacturing presence in both Bahrain and Saudi Arabia, is showcasing its advanced industrial capabilities and products as the company’s continued progress in production efficiency at the Made in GCC 2026” event in Bahrain.
Saudi Arabia’s construction activity expanded for a fifth consecutive month in September, although the pace of growth eased from August, according to a report. The activity increased across the key sectors of residential, non-residential structures and infrastructure supported by new orders.
Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one, according to S&P Global Ratings.
Egyptian developer Al Ahly Sabbour Real Estate has announced the launch its first luxury residential offering in Oman as part of the Wadi Zaha development within the Sultan Haitham City. The Zaha Residence comprises a mix of studios and one- to three-bedroom apartments as well as other premium amenities.
Saudi energy company Tarshid said it has completed an energy efficiency retrofit project at Jazan University in the kingdom.
Sweid & Sweid, a leading real estate development company, has appointed London-based McLaren Construction as the main contractor for BAY360, its upcoming mixed-use development and lifestyle destination in Jumeirah Lakes Towers (JLT). With the enabling works now complete, the project is set for completion in Q1 2028.
The UAE-based Danube Properties has announced the next chapter of its iconic partnership with Bollywood superstar Shah Rukh Khan with the launch of Shahrukhz Residences by Danube - a landmark fully-furnished waterfront residential tower in Dubai Maritime City.
DHG Properties, a part of Swiss real estate and construction group DHG, has officially begun the handover of its Helvetia Residences project in Jumeirah Village Circle (JVC). A $200 million residential project, it features 430 homes across 25 floors with a mix of studios and one- to three-bedroom apartments.
Versatile International, a fully integrated stone project management consultancy in the region, has secured a third consecutive three-year contract with Diriyah Company to provide specialist stone project management services for its giga-scale development in Saudi Arabia.
