Construction & Real Estate

Construction & Real Estate

Wasl Group launches 74-unit freehold development in Dubai

Tue, 19 May 2026

Wasl Group has announced the launch of Cedarwood Estates South, the latest addition to its growing freehold portfolio across Dubai. A limited collection of golf view villas, it will boast 74 units across four-, five-, and six-bedroom layouts, with generous plot sizes and open interiors.

Construction & Real Estate

Nakheel unveils limited collection of beachfront homes at Palm Jumeirah

Tue, 19 May 2026

Nakheel has announced the launch of 'Podium Villas at Palm Beach Towers', a limited collection of 16 beachfront homes located at the gateway to Palm Jumeirah, within one of Dubai’s most connected coastal addresses. Set for 2027 handover, it will feature a mix of two- to four-bedroom units along with key amenities.

Construction & Real Estate

Majid Al Futtaim to develop $16.8bn master community in Dubai South

Tue, 19 May 2026

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has signed an agreement with Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, to develop a landmark mixed-use master community at an investment of AED62 billion ($16.8 billion).

Construction & Real Estate

Schneider Electric signs smart building agreement with BFL Group

Tue, 19 May 2026

Schneider Electric, a global energy technology leader, has signed a collaborative agreement with Brands For Less (BFL) Group to deploy advanced smart building and energy management solutions across 26 KE2 Brands For Less stores in the UAE, with plans to scale across the entire store network.

Construction & Real Estate

Global water tech firm Gradiant hits $2bn valuation in Series E funding

Mon, 18 May 2026

Gradiant, a leader in advanced wastewater solutions, said it had raised a Series E funding round valuing the firm at $2 billion, amid rapid growth in AI infrastructure, semiconductor manufacturing. The new investment supports strategic merger and acquisition, next-generation research as well as IPO readiness.

Construction & Real Estate

Asyad in deal to build business complex at Muscat Airport Free Zone

Mon, 18 May 2026

Oman's Asyad Group has signed its first usufruct agreement with Nama Real Estate for the construction of a commercial complex within the Muscat Airport Free Zone. Spanning 25,000 sq m area, the key facility will boast smart offices and hitech workspaces designed to serve both regional and global companies.

Construction & Real Estate

Shyam Steel expands industrial footprint with strategic RAK investment

Mon, 18 May 2026

Shyam Middle East Resources, a part of India’s renowned Shyam Steel Group, is set to establish a non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone. The project marks a significant step in the group’s global expansion strategy.

Construction & Real Estate

Emirates Palace introduces luxury mansion residences with Mandarin Oriental

Mon, 18 May 2026

Emirates Palace Company, with LEAD Development and Mandarin Oriental Hotel Group, has announced 35 private residences at Emirates Palace Abu Dhabi, scheduled for completion in 2029.

Construction & Real Estate

Emirates breaks ground on $5.1bn massive MRO complex

Mon, 18 May 2026

Emirates has broken ground on its new $5.1 billion engineering complex at Dubai South slated to become the world’s most modern and advanced maintenance, repairs and overhaul (MRO) facility, cementing Emirates' and Dubai's leadership in global aviation capability and infrastructure.

Construction & Real Estate

Armstrong Fluid Technology names UAE regional sales manager

Mon, 18 May 2026

Leading intelligent flow equipment manufacturer, Armstrong Fluid Technology, has appointed Erwan Elias as a regional sales manager for the UAE. An industry veteran, he brings 15 years’ experience in HVAC, pump manufacturing and the water industry.