Saudi-based Armah Sports Company (Armah) has signed a land lease agreement with Fawaz Abdulmohsen Saad Bin Saeed to develop and operate a men's sports club in Riyadh. This 20-year deal comes as part of the group's strategy to expand through prime locations in the kingdom.
Two of the major events in the Saudi construction sector - the 36th edition of Saudi Build and the 27th edition of Saudi Elenex - originally scheduled to be held from November 2 to 5 in the capital Riyadh have been postponed to next year due to the ongoing Middle East tensions.
The International Real Estate and Investment Show (IREIS) 2026 will be back in Abu Dhabi next month bringing together leading property developers, investors, real estate experts and homebuyers as the emirate's real estate transaction value for the first nine months soared to AED175.7 billion ($48 billion).
Dubai’s economy reached AED473 billion ($129 billion) in the first half of 2026, driven by strong performance across key sectors, including financial and insurance services, healthcare, information and communication, and construction.
Kuwait Oil Company (KOC) has announced that Gulf Spic General Trading & Contracting, a leading Kuwaiti firm specialised in delivering EPC services to the energy sector, has emerged as the lowest bidder for its Booster Stations Enhancement Project. In total, KOC had received four bids for the BS-140 and 150 upgrade project.
Bahraini authorities said steady progress was being made on the new agricultural project in Buri with nearly 87% of the infrastructure works completed. With the irrigation networks, water wells and two main substations ready, the project is set for completion by the year-end.
Leading real estate services company JLL has been appointed as the exclusive office leasing partner for a 12-storey Grade A workplace within Water Gardens, a new mixed-use destination in the heart of Dubai International Financial Centre (DIFC). It is being developed by H&H and designed by top architect David Chipperfield.
UAE-based Azizi Developments has begun work on master-planned workforce communities in Dubai and Sharjah designed to accommodate more than 31,000 people, with its flagship Al Sajaa project in the northern emirate comprising 36 residential buildings and integrated medical, retail, wellness and dining facilities for over 20,000 residents.
UAE-based real estate developer Reportage has joined hands with Sabah Investment Group for the unveiling of four real estate projects within Sea Breeze, an integrated residential and resort destination on the Caspian coast near Baku, Azerbaijan, with each offering a distinct residential concept.
Indian construction and engineering conglomerate Larsen & Toubro (L&T) has signed an agreement with Onaizah Colleges to prepare Saudi students for careers in renewable energy, supporting the kingdom’s energy transition and its Vision 2030 goal of developing a skilled national workforce.
