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.
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.
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.
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.
Doosan Enerbility has signed a contract to build a combined-cycle gas turbine (CCGT) power plant in Misfah, Oman, with a consortium led by Qatar's Nebras Power, said a report.
The majority of homes currently under construction in Dubai have already been sold, with a new report showing absorption rates of 90%-100% for thousands of apartments and villas to be completed this year.
Casagrand, one of India's leading real estate developers with more than 22 years of delivery experience and over 200 completed and ongoing projects, today outlined plans to develop more than 6 million sq ft of premium residential and mixed-use space in Dubai over the next three years.
Dubai’s massive expansion of Al Maktoum International Airport has moved forward with the award of a major contract for an Automated People Mover (APM) system that will connect key areas of the new airport as part of its first phase of development.
Dubai’s real estate sector recorded strong growth during the first half of 2026 with a total of 104 projects completed, compared to 75 during the first half of 2025, representing an increase of more than 38.7%.
The Mohammed bin Rashid Al Maktoum Global Water Award, supervised by the UAE Water Aid Foundation (Suqia), has invited application for the fifth cycle of the award.
