Construction & Real Estate

Construction & Real Estate

Nesma lands King Abdullah Economic City infrastructure contract

Mon, 06 Jul 2026

Saudi developer Emaar, The Economic City has announced that it has awarded an infrastructure construction contract worth SAR547.4 million ($146 million) to Nesma & Partners for key projects within the Special Economic Zone in the Industrial Valley of King Abdullah Economic City (KAEC).

Construction & Real Estate

Fulkrum achieves record Q1, plans to double workforce in region

Mon, 06 Jul 2026

Fulkrum, a global leader in inspection, expediting, auditing, asset integrity management and technical staffing services, has announced significant growth and investment in its Middle East operations, delivering record Q1 performance and expansion with plans to double its workforce in the region in 2026.

Construction & Real Estate

Acciona deploys digital platform across Mideast desalination plants

Mon, 06 Jul 2026

Acciona said it is deploying a digital platform across its desalination plants, both in the Middle East as well as globally, to improve operational efficiency and real-time decision-making, using Schneider Electric's plant management system (PMS) based on Aveva PI System technology.

Construction & Real Estate

Globalpharma cuts 11,400 tonnes of CO₂ with solar PV rooftop system

Mon, 06 Jul 2026

Globalpharma, a leading generics manufacturer in the UAE and a wholly owned subsidiary of Dubai Investments, has reduced its carbon footprint by approximately 11,400 tonnes of CO₂ through the installation of a 612 kWp (kilowatt-peak) rooftop solar photovoltaic (PV) system at its manufacturing facility in Dubai Investments Park (DIP).

Construction & Real Estate

Saudi Arabia approves guidelines to curb illegal subdivision of residences

Mon, 06 Jul 2026

Saudi Arabia's Ministry of Municipal and Rural Affairs and Housing has approved new guidelines to monitor the illegal subdivision of residential units, reported SPA, as authorities step up efforts to enforce municipal regulations and improve building safety.

Construction & Real Estate

Arada launches new funds platform to target real estate opportunities

Mon, 06 Jul 2026

Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset classes in the Middle East and selected international markets.

Construction & Real Estate

Dubai residential sector records $60bn sales in H1; June signals sharp recovery

Mon, 06 Jul 2026

Sales values in Dubai’s residential real estate sector approached AED221.3 billion ($60.26 billion) across almost 79,200 transactions in H1 2026, according to new insight from leading real estate advisory and property consultancy, Cavendish Maxwell.

Construction & Real Estate

Focus: GCC moves from pilot projects to mega-scale 3D printed construction

Mon, 06 Jul 2026

3D concrete printing is no longer restricted to basic residential shells. From a world-record-breaking 10,000-sq-m school in Qatar and tapered water tanks in Kuwait that slash material use by 25 per cent, to modular prefabrication in Oman and record-height villas in Saudi Arabia, COBOD’s printer systems are helping regional contractors bypass traditional formwork dependencies to secure a competitive market edge, the company’s founder tells Gulf Construction.

Construction & Real Estate

Eskan Bank signs consultancy deal with Al A'ali Engineering for 72 homes in Bahrain

Mon, 06 Jul 2026

Eskan Bank (EB) has signed an agreement with Al A'ali Engineering Consultants to provide consultancy services for the delivery of 72 new residential units, comprising 40 units in Askar and 32 units in Hamad Town.

Construction & Real Estate

Acwa sole bidder for major Bahrain water project

Sun, 05 Jul 2026

Bahrain's Electricity and Water Authority (EWA) has announced that top Saudi utility developer Acwa has emerged as the sole bidder for Hidd Independent Water Project. The company submitted a levellised cost of water (LCOW) bid of BD0.276 per cu m.