Dubai's commercial property market recorded its strongest H1 performance in 2026, with sales up 183% over last year. The commercial property sales, including offices and retail units, surged to AED19.5 billion ($5.3 billion) through 3,415 deals in the first six months, said a top brokerage.
DP World has announced that it has entered into a 50-year concession agreement to develop two multipurpose container ports in Fujairah. Once operational, the development will boost DP World's total container handling capacity in the UAE to almost 22 million TEUs from 19.4 million TEUs.
East Pipes Integrated Company for Industry has announced that it had signed agreements with selected suppliers such as Saudi Liebherr and US-based Vaccuworx, a leading provider of vacuum lifting equipment for a number of industries, to acquire strategic material handling assets.
King Abdulaziz Center for World Culture (Ithra), an initiative of Saudi oil giant Aramco, has obtained platinum certification for the Leadership in Energy and Environmental Design (LEED) in the Operations and Maintenance category from the US Green Building Council (USGBC).
Havelock One Interiors, a leading fit-out contractor in the GCC, has announced that it has been appointed by Kuwait-based Tamdeen Group to deliver the interior renovation of its key retail destination 360 Mall at Al Zahra. The entire revamp programme will be delivered in four phases.
Schneider Electric has launched EcoStruxure Water Advisor, a cloud-based intelligence platform that enables utilities to see what is happening in their infrastructure in real time.
Saudi Arabia’s ambition to welcome 150 million annual visitors by 2030, alongside an estimated $6.3 billion in potential private global real estate investment, is accelerating demand for integrated destinations that combine hospitality, retail, leisure and residential development, says a report.
Musco, a specialist in sports and large area lighting and technology, recently opened a new manufacturing facility in Dammam, Saudi Arabia.
Work is moving at a steady pace on the King Abdulaziz Road underpass in Riyadh with 88% excavation works already completed. This comes as part of the kingdom’s efforts to boost connectivity between project destinations and improve mobility along Prince Mohammed bin Salman Road.
Saudi Downtown Company, a unit of sovereign wealth fund PIF, has signed up Al Ajimi Contracting to build a substation as well as associated electrical infrastructure at its premium mixed-use development - Al Khobar Downtown - coming up in the kingdom’s Eastern Province.
