Construction & Real Estate

Construction & Real Estate

Perma-Pipe wins key UAE, Saudi district cooling contracts

Sat, 25 Apr 2026

Perma-Pipe International, a global leader in pre-insulated piping and leak detection systems for oil and gas sector, has secured contracts for district heating and cooling projects in UAE and Saudi Arabia, thus strengthening its position in the region as demand rises for energy-efficient infrastructure.

Construction & Real Estate

Volt in deal to develop AI-ready data centres in Dubai Silicon Oasis

Thu, 23 Apr 2026

Dubai Integrated Economic Zones Authority has entered into an agreement with Dutch group Volt for setting up an AI-ready data centre facility in Dubai Silicon Oasis. Under this, DIEZ will provide land and core infrastructure, while Volt UAE will be responsible for the development, finance and lead construction of these facilities.

Construction & Real Estate

Aldar announces sale of 80pc residential units in Yas Island development

Thu, 23 Apr 2026

Leading UAE developer Aldar has sold 80% of the homes released at its key project - Yas Park Place - located in the heart of Yas Island, Abu Dhabi generating over AED800 million ($218 million) in sales. A mid-rise residential community, it features six buildings offering a collection of studios, one-, two- and three-bedroom homes.

Construction & Real Estate

Ras Al Khaimah logs $3.4bn in home sales in 2025, off-plan dominates

Thu, 23 Apr 2026

The northern emirate of Ras Al Khaimah has secured AED12.4 billion ($3.37 billion) worth of sales across 6,600 residential property transactions in 2025, with the off-plan segment accounting for 85% of deals, said a real estate expert, adding a total of 8,400 new homes are in the RAk property pipeline until 2028.

Construction & Real Estate

HFCL, Al Ghanim launch IO portfolio in Kuwait to back construction, oil & gas projects

Thu, 23 Apr 2026

HFCL, a key provider of GenNext communications technologies, has announced the availability of its IO portfolio in Kuwait through Alghanim Engineering in collaboration with Bahrain-based Northstar Technology Company. These solutions are well positioned to support projects across construction, oil & gas and utilities.

Construction & Real Estate

Qatar Academy - Sidra project on track for H2 completion

Thu, 23 Apr 2026

Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.

Construction & Real Estate

Saudi Arabia kicks off qualification bid for 12,000MWh projects

Thu, 23 Apr 2026

Saudi Power Procurement Company (Principal Buyer) has launched the qualification bid process for the second group of Battery Energy Storage System (BESS) projects. The combined capacity of Group 2 BESS projects is 3000MW for a 4-hour storage duration (12,000 MWh).

Construction & Real Estate

Dar Global appoints Al Dahlawi as main contractor for Amaya - Jeddah

Thu, 23 Apr 2026

Dar Global, the London-listed luxury real estate developer, has appointed Al Dahlawi Company for Contracting as the contractor to deliver works at Amaya, its flagship masterplan development in Jeddah.

Construction & Real Estate

Arada unveils Jenna complex featuring 600 residences at Aljada

Thu, 23 Apr 2026

Arada has unveiled Jenna, a new upscale residential complex situated in the AED35 billion ($9.53 billion) Aljada mega community in Sharjah.

Construction & Real Estate

Hafeet Rail enters fast track; Oman–UAE rail project 40pc completed

Thu, 23 Apr 2026

Hafeet Rail, a joint venture between Etihad Rail, Oman Rail and Mubadala, has announced steady progress on its ambitious Oman-UAE railway project with the work nearing 40% completion. Progress continues at scale, with over 27 million cu m earthworks and 100,000 cu m concrete works already completed.