The Emirate of Ras Al Khaimah (RAK) has 25,600 new residential units in the pipeline between now and 2030, with apartments accounting for 97% of future supply, according to new insight from leading real estate advisory group Cavendish Maxwell.
Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction.
Solidcore Resources, a leading gold producer in Kazakhstan, has announced that it has entered into an agreement with Minerals Development Oman (MDO) to establish a joint venture to explore and develop the Khabiyat copper-gold project in the sultanate.
Avenew Development and Kora Properties have announced the launch of O1NE District, a mixed-use destination being developed at an investment of AED6 billion ($1.6 billion) in the heart of Dubai Motor City. It boasts six commercial towers, an integrated retail hub, healthcare facilities and landscaped public spaces.
Construction of the Riyadh Metro Red Line extension has reached a major milestone with the completion of manufacturing and factory acceptance testing of the tunnel boring machine (TBM) that will be used to excavate the King Saud University-Diriyah Gate underground section, said a report.
Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and Amaala, has announced the opening of the luxury beachfront resort Six Senses Amaala, featuring 100 suites and villas alongside 25 branded residences. It will welcome its first guests next week.
Road development activities in Saudi Arabia gathered pace during the first half of 2026 with the rollout of new projects and advanced technologies across the kingdom's transport network. A total of 40 new road projects covering Makkah, Madinah and Qassim region were inaugurated this year.
Anax Developments has announced the launch of Kyomi Residences, a contemporary residential development located within Warsan Fourth district in Dubai. Set for 2027 handover, Kyomi Residences features 121 apartments offering a mix of studios, one- and limited two-bedroom units.
Makkah Construction and Development Company has awarded Saudi-based group Roots Innovative Industrial a key contract to deliver room renovation works at its prime property - Makkah Hotel and Towers. The entire work will be executed in phases within a 19-month period.
Preston Development has officially launched its prime residential project - One By Preston - in Dubai South following the successful approval of its Escrow Account. The boutique development features 56 apartments with a mix of studios, one- and two-bedroom units.
