Construction & Real Estate

Construction & Real Estate

Lenovo in deal to boost AI, digital infrastructure in Saudi housing sector

Wed, 24 Jun 2026

Lenovo has signed an agreement with Saudi National Housing Company Innovation for potential collaboration backing the kingdom’s evolving residential and digital infrastructure landscape. The deal sets out a foundation to boost co-operation across advanced technologies such as AI and data science.

Construction & Real Estate

RTA completes 17 km road maintenance works across Dubai

Tue, 23 Jun 2026

Roads and Transport Authority (RTA) has completed maintenance and rehabilitation works spanning 17 km of asphalt roads across nine streets and six areas in Dubai early this month. The works covered highways, freeways and internal roads in key industrial, commercial and residential areas.

Construction & Real Estate

Etihad Rail to launch inaugural passenger service from June 30

Tue, 23 Jun 2026

Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.

Construction & Real Estate

Blacksand, Marriott sign deal to develop 10 hotels in Saudi Arabia

Tue, 23 Jun 2026

Saudi-based Blacksand has announced a landmark agreement with Marriott International to develop 10 hotels in the kingdom over the next four years. Featuring over 1,300 rooms, it will be developed under a range of Marriott brands spanning the luxury, select-service and extended-stay segments.

Construction & Real Estate

fäm sells prime Business Bay office space for record AED124m

Tue, 23 Jun 2026

UAE-based fäm Properties has announced that it has facilitated the sale of 40,000 sq ft of office space at Vision Tower in Business Bay for a record AED124 million ($33.8 million). It is the biggest commercial real estate deal of its kind recorded in Dubai.

Construction & Real Estate

Marjan boosts sustainability credentials with EarthCheck certification

Tue, 23 Jun 2026

Marjan Group, a key real estate developer in UAE, has announced that it has retained its EarthCheck Silver Certification for 2024, thus strengthening its role in shaping sustainable, future-ready destinations, through responsible development, environmental stewardship and long-term value creation across Ras Al Khaimah.

Construction & Real Estate

Palma awards piling, shoring contract for $1.36bn Jumeirah Islands community

Tue, 23 Jun 2026

Palma Development has awarded the piling and shoring works contract for Phase II of its Serenia District, a AED5 billion ($1.36 billion) master-planned community in Jumeirah Islands. Also it has completed the foundation works at a signature tower located within the first phase of the key development.

Construction & Real Estate

MERED marks key construction milestone at its 66-storey Dubai tower

Tue, 23 Jun 2026

MERED, a leading real estate developer, has achieved a major safety milestone by clocking 3 million safe man-hours without a lost time injury (LTI) at its ICONIC Residences Design by Pininfarina. The 66-storey tower continues to rise at an impressive pace, with it now reaching Level 31.

Construction & Real Estate

ALUPCO unit Conmarble opens wellness showroom in Riyadh

Tue, 23 Jun 2026

ALUPCO subsidiary Conmarble has inaugurated its first showroom in Riyadh, marking a significant milestone in the company’s growth journey and reinforcing its commitment to supporting Saudi Arabia’s rapidly evolving architecture, design, and construction sectors.

Construction & Real Estate

Red Sea International unit lands MEP contract for Diriyah City project

Tue, 23 Jun 2026

Saudi-based Red Sea International Company has announced that its key subsidiary, The Fundamental Installation for Electric Work, has been awarded a subcontract by the local Salini unit to deliver mechanical, electrical and plumbing (MEP) works for a Diriyah City project.