Construction & Real Estate

Construction & Real Estate

Majid to handover Jumeirah Garden City homes in September

Sat, 01 Aug 2026

Dubai-based Majid Developments has announced steady progress on its prime residential development - Mayfair Gardens - located in Jumeirah Garden City, with the project in its final stages of construction. The 12-storey tower featuring 64 apartments is due for handover in September.

Construction & Real Estate

Técnicas Reunidas wins $5.75bn ADNOC mega project contracts

Sat, 01 Aug 2026

Spanish engineering company Técnicas Reunidas has announced that it has secured two major contracts worth a total of more than $5.75 billion from Abu Dhabi National Oil Company (ADNOC) to provide engineering, procurement, construction and installation services for its Upper Zakum megaproject.

Construction & Real Estate

EMSTEEL revenues increase 11% in Q2, profits jump 157%

Fri, 31 Jul 2026

EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reported revenues of AED2.4 billion ($653.51 million) for the second quarter of 2026 (Q2), an increase of 11% compared to the corresponding period in the prior year.

Construction & Real Estate

Diriyah Company awards $723m Waldorf Astoria superblock contract

Fri, 31 Jul 2026

Saudi Arabia's Diriyah Company has awarded a SAR2.7 billion ($723.54 million) contract to build the Waldorf Astoria superblock, to a joint venture between Hassan Allam Construction Saudi Limited and Urbacon Saudi Company, a subsidiary of UCC Holding.

Construction & Real Estate

Dorsch named Expo 2030 Riyadh construction supervision consultant

Thu, 30 Jul 2026

Dorsch Global, a major planning and consulting group based in Germany, has announced that its Saudi unit has been signed up as one of the construction supervision consultants for Expo 2030 Riyadh, one of the kingdom's most ambitious and globally significant projects.

Construction & Real Estate

Almar lands $940m Aramco Zuluf water treatment expansion deal

Thu, 30 Jul 2026

Almar Water Solutions, a part of Jameel Environmental Services and a global leader in water infrastructure development and services, has secured a $940 million contract from Saudi oil giant Aramco to expand its Zuluf Water Treatment Project, thus increasing its treatment capacity to 308,000 cu m/day.

Construction & Real Estate

Saudi PIF venture secures Royal Diriyah Opera, mosque contract

Thu, 30 Jul 2026

Jasara Program Management Company, a Saudi PIF venture, has entered into an agreement with Diriyah Company to provide project and construction management services for Royal Diriyah Opera House and Grand Mosque as well as other key projects centered around the grand avenue in Diriyah.

Construction & Real Estate

BYD secures 11.27GWh Masdar contract for mega RTC project

Thu, 30 Jul 2026

BYD Energy Storage has announced that it has secured a major contract from Masdar, a global clean energy leader, for a gigascale round-the-clock renewable energy project in Abu Dhabi. The project has a single-station scale of 1,644 MW with 11.275 GWh of BYD Haohan deployed.

Construction & Real Estate

Majid ramps up construction on flagship Arlington Park 2 amid strong demand

Thu, 30 Jul 2026

Majid Developments has accelerated construction on its flagship residential project Arlington Park 2 in Dubailand, following strong investor demand across its expanding portfolio in the emirate. It comprises 129 apartments with a mix of studios and one- to three-bedroom units.

Construction & Real Estate

Cityscape expands to Saudi Arabia's Western Region with new event in Jeddah

Thu, 30 Jul 2026

The Cityscape brand is expanding to Saudi Arabia’s Western Region with the launch of Cityscape West KSA, sponsored by the Ministry of Municipalities and Housing (MOMAH), creating a dedicated platform for the region.