Construction & Real Estate

Construction & Real Estate

Eskan Bank signs up Mazen Al Umran as consultant for Seef Greens project

Fri, 27 Feb 2026

Eskan Bank, a leading bank in Bahrain, has appointed Mazen Al Umran as the official design and supervision consultant for its Seef Greens development. A key urban development project in the kingdom, it features a mix of residential and commercial elements along with premium amenities.

Construction & Real Estate

Marriott records robust growth momentum across EMEA market in 2025

Thu, 26 Feb 2026

Marriott International has announced an exceptional year of growth across Europe, Middle East and Africa (EMEA) in 2025 with more than 230 organic signings representing over 31,000 rooms. It also added 170 properties and nearly 24,000 rooms across EMEA last year.

Construction & Real Estate

Dubai awards $680m stormwater drainage network contracts

Thu, 26 Feb 2026

Dubai Municipality has awarded contracts worth AED2.5 billion ($680 million) for five new projects under Phase Two of the Tasreef Programme to expand and strengthen the emirate’s stormwater drainage network. These projects will cover 30 vital areas that will cater to an estimated population of three million residents by 2040.

Construction & Real Estate

Major parking upgrade announced for key districts in Riyadh

Thu, 26 Feb 2026

Remat Al Riyadh, the development arm of the Riyadh Region Municipality, has signed two contracts with Arsann to develop and operate 11 parking facilities across key districts of the Saudi capital, aiming to regulate parking operations, boost capacity and enhance the capital’s urban landscape.

Construction & Real Estate

Hempel, AlKarar introduce new customer-focused paint retail concept

Thu, 26 Feb 2026

Hempel, in partnership with AlKarar, has unveiled a new customer-focused paint retail concept in Bahrain, redefining the way customers experience paint shopping.

Construction & Real Estate

L&T units wins near $1.1bn Mideast substations contracts

Thu, 26 Feb 2026

Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region.

Construction & Real Estate

Azizi launches new residential project within Riviera community

Thu, 26 Feb 2026

UAE-based Azizi Developments has announced the launch of its newest residential project - Azizi Riviera 66 - within the stylish waterfront-inspired lifestyle destination Riviera in Dubai. A prime project, it offers a selection of well-designed residences along with key amenities.

Construction & Real Estate

Alkhorayef wins Jeddah stormwater network maintenance project

Thu, 26 Feb 2026

Alkhorayef Water and Power Technologies Company has announced that it has secured a key contract from Jeddah Amana Municipality for the operation and maintenance of stormwater and surface water networks in the sub-municipalities of South and Al Malisa in the Saudi port city.

Construction & Real Estate

MAG Group's Keturah Ardh project Phase I plots sold out

Thu, 26 Feb 2026

The first phase of Keturah Ardh, a heritage-wellness integrated luxury community being developed by MAG Group in Dubai, has sold out, with all 558 luxury townhouse plots acquired in just six months for AED1 billion ($272.2 million).

Construction & Real Estate

Saudi Real Estate signs lease deal with Amsa Hospitality for Riyadh residential compound

Thu, 26 Feb 2026

Saudi Real Estate Company (Al Akaria) has signed a 20-year lease agreement with Amsa Hospitality for the Amsa Vue Residential Compound in Riyadh, with the total value of the project estimated at around SR1.2 billion ($320 million), an Arab News report said.