Construction & Real Estate

Construction & Real Estate

Object 1 launches Sky Level 1, expanding its JVC residential portfolio

Mon, 24 Aug 2026

Object 1 has officially launched Sky Level 1, a mixed-use residential development in District 11, Jumeirah Village Circle (JVC), strengthening its presence in one of Dubai’s most active residential communities. Scheduled for completion in Q2 2029, Sky Level 1 will feature 420 one-bedroom residences across 35 residential floors, complemented by dedicated office, retail, parking, amenity and rooftop spaces.

Construction & Real Estate

Abu Dhabi puts livability at the heart of urban development with new framework

Mon, 24 Aug 2026

Abu Dhabi is putting the quality of everyday life at the heart of how its cities are planned and built, with a new framework designed to ensure that major urban developments are judged not just by what they deliver, but by how well they serve the people who live in them.

Construction & Real Estate

Big 5 Construct Saudi to open in Riyadh next week with over 1,000 exhibitors

Mon, 24 Aug 2026

Big 5 Construct Saudi officially opens its doors next week bringing more than 1,000 exhibitors from over 50 countries together, with local and international companies showcasing solutions relevant to ongoing and upcoming projects across Saudi Arabia.

Construction & Real Estate

SARCO wins $26.6m education company construction works

Sun, 23 Aug 2026

Saudi Arabian Refineries Company (SARCO) has announced that Raya Al-Tajdeed Contracting Company, 35%-owned by SARCO, has entered into a contract with a multinational education company to carry out construction works in the city of Riyadh.

Construction & Real Estate

Saudi Energy signs three battery storage deals worth $867m

Sun, 23 Aug 2026

Saudi Energy Company has signed three Storage Services Agreements with the Saudi Power Procurement Company (SPPC) for the development of battery energy storage projects with a combined capacity of 1,500MW/6,000MWh across Saudi Arabia.

Construction & Real Estate

Six groups bid for Dubai Airport Express Line study and design contract

Sun, 23 Aug 2026

Six international consulting groups have submitted proposals for a Dubai Roads and Transport Authority (RTA) contract to study and design a proposed Airport Express Line linking Dubai International Airport (DXB) with Al Maktoum International Airport (DWC).

Construction & Real Estate

Dar’s Saudi project named finalist for Bentley YII Awards

Sat, 22 Aug 2026

Saudi-based Dar International for Engineering Consultancy is one of the finalists for the Bentley Systems' 2026 Year in Infrastructure (YII) Awards (the only one from the Middle East region) in the Transmission and Distribution category for its Nariyah 380kV substation project in the kingdom.

Construction & Real Estate

DIB launches new off-plan home finance solutions in UAE

Sat, 22 Aug 2026

DIB, a leading Islamic bank in UAE, has launched a new off-plan home finance proposition designed to support customers purchasing freehold properties from leading developers across the UAE during the under-construction phase.

Construction & Real Estate

Saudi Vitrified Clay Pipes seeks CMA nod for 70pc capital reduction

Sat, 22 Aug 2026

Saudi Vitrified Clay Pipes Company has announced that it had recently submitted an application to the kingdom's Capital Market Authority (CMA) seeking approval to reduce its share capital by nearly 70% (10.46 million ordinary shares) as part of a proposed restructuring to offset accumulated losses.

Construction & Real Estate

Saudi Energy-Acwa, Engie consortiums land $1.16bn BESS projects contract

Sat, 22 Aug 2026

The Saudi Power Procurement Company (SPPC), the Principal Buyer, has awarded consortiums of Saudi Energy and Acwa Power as well as French utility major Engie contracts worth over SAR4.35 billion ($1.16 billion) for the first group of Battery Energy Storage System (BESS) projects in Saudi Arabia.