Dubai’s luxury real estate developers must treat wellness as the new baseline for how homes are designed and built, as global demand grows for healthier living environments. The next phase for the industry is collaboration rather than competition, said a leading UAE developer.
India's top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that one of its key subsidiaries - L&T Energy Hydrocarbon Onshore - has signed a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO), thus strengthening the long-standing partnership between the two companies.
Saudi Arabia is stepping up efforts to drive sustainable development in the Jazan region, with authorities overseeing 38 strategic projects aimed at upgrading infrastructure, attracting investment and supporting long-term economic growth under the kingdom's Vision 2030 agenda.
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.
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.
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.
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.
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.
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.
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.
