Construction & Real Estate

Construction & Real Estate

HFCL, Al Ghanim launch IO portfolio in Kuwait to back construction, oil & gas projects

Thu, 23 Apr 2026

HFCL, a key provider of GenNext communications technologies, has announced the availability of its IO portfolio in Kuwait through Alghanim Engineering in collaboration with Bahrain-based Northstar Technology Company. These solutions are well positioned to support projects across construction, oil & gas and utilities.

Construction & Real Estate

Qatar Academy - Sidra project on track for H2 completion

Thu, 23 Apr 2026

Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.

Construction & Real Estate

Saudi Arabia kicks off qualification bid for 12,000MWh projects

Thu, 23 Apr 2026

Saudi Power Procurement Company (Principal Buyer) has launched the qualification bid process for the second group of Battery Energy Storage System (BESS) projects. The combined capacity of Group 2 BESS projects is 3000MW for a 4-hour storage duration (12,000 MWh).

Construction & Real Estate

Dar Global appoints Al Dahlawi as main contractor for Amaya - Jeddah

Thu, 23 Apr 2026

Dar Global, the London-listed luxury real estate developer, has appointed Al Dahlawi Company for Contracting as the contractor to deliver works at Amaya, its flagship masterplan development in Jeddah.

Construction & Real Estate

Arada unveils Jenna complex featuring 600 residences at Aljada

Thu, 23 Apr 2026

Arada has unveiled Jenna, a new upscale residential complex situated in the AED35 billion ($9.53 billion) Aljada mega community in Sharjah.

Construction & Real Estate

Hafeet Rail enters fast track; Oman–UAE rail project 40pc completed

Thu, 23 Apr 2026

Hafeet Rail, a joint venture between Etihad Rail, Oman Rail and Mubadala, has announced steady progress on its ambitious Oman-UAE railway project with the work nearing 40% completion. Progress continues at scale, with over 27 million cu m earthworks and 100,000 cu m concrete works already completed.

Construction & Real Estate

Construction work starts on Casagrand Hermina

Thu, 23 Apr 2026

Casagrand, a leading real estate developer in India, has commenced construction work on Casagrand Hermina at Dubai Islands, marking a significant milestone in the delivery of its debut residential development in the UAE.

Construction & Real Estate

EMSTEEL maintains price stability to support market resilience

Thu, 23 Apr 2026

EMSTEEL Group, one of the region’s largest publicly traded integrated steel and building materials manufacturers, has reaffirmed its commitment to supporting the resilience of the UAE market by maintaining pricing discipline across key domestic steel and building materials products, including reinforcing steel bars, while ensuring a reliable supply to customers nationwide.

Construction & Real Estate

Balexco gets shareholders' nod for public listing plan

Wed, 22 Apr 2026

Bahrain Aluminium Extrusion Company (Balexco), a leading producer of aluminium extrusion products used primarily in construction sector with operations across the GCC, is planning a stock market listing after shareholders approved a proposal to transform the company into a public shareholding firm.

Construction & Real Estate

National Properties' $272m mixed-use development set for handover

Wed, 22 Apr 2026

National Properties, a key unit of UAE investment company National Bonds, said more than 95% of the work has been completed on its AED1 billion ($272.2 million) residential and retail development - 399 Hills Park - at Dubai Hills Estate - thus bringing the project into its final phase ahead of handover.