Saudi Arabia's National Housing Company (NHC) has signed a memorandum of understanding (MoU) with China's Sinoma Chengdu Design and Research Institute of Building Materials Industry Co (Sinoma-CDI) to enhance cooperation in the field of construction and real estate.
Saudi Arabia has awarded new housing projects in Riyadh and Dammam worth more than SAR1.9 billion ($506 million) to Chinese firms, as part of efforts to strengthen the Saudi-Chinese partnership in the housing and construction sectors.
The UAE today begins implementing its midday break (occupational heat stress prevention policy) which prohibits outdoor work under direct sunlight daily from 12:30 pm to 3:00 pm.
Saudi Arabia's residential market recorded a sharp slowdown in activity during Q1 2026, with transaction volumes falling by 50% year-on-year, according to an analysis by global property consultancy, Knight Frank.
Leading Saudi Arabian groups have signed six agreements with Chinese entities covering investment co-operation, construction technology, knowledge transfer, workforce development and public-private partnerships at a key industry event in Shenzhen, China.
Omran has announced that its flagship urban destination - Madinat Al Irfan - has been named 'Mixed-Use Development of the Year - Oman' at the Real Estate Asia Awards 2026 held in Singapore. The top honours were in recognition of its integrated mixed-use masterplan and long-term urban vision.
Saudi-based Shalfa Facilities Management has announced that it has secured a key contract from Tatweer Buildings Company to provide FM services at its school buildings in the kingdom's Qassim Region. The scope of work includes cleaning, maintenance and gatekeeper services.
The Kuwait Investment Authority (KIA) has joined forces with artificial intelligence (AI) chip giant NVIDIA, private equity firm KKR and US integrated power generation firm Vistra to launch a new AI infrastructure company - Helix Digital Infrastructure - at a total investment of over $10 billion in long-duration capital commitments.
UAE sustainability pioneer BEEAH has announced that early works have begun at its flagship real estate development - Khalid Bin Sultan City - in Sharjah. To date, approximately 90,000 cu m of excavation and 111,000 cu m of filling works have been completed at the project site.
Saudi Arabia has awarded licences to key industry players including Unigaz Arabia and Tazweed as well as a NGC-Zamil consortium for the establishment, development, operation and maintenance of strategic LPG infrastructure including filling and storage facilities across the kingdom.
