Construction & Real Estate

Construction & Real Estate

Dar Al Handasah appointed for study on $4bn Qatar-Bahrain causeway

Thu, 08 Jan 2026

Lebanese group Dar Al Handasah has secured a contract to conduct studies for the $4billion Qatar-Bahrain causeway project. The scope of work includes financial, economic, social and environmental feasibility studies for the 40km causeway, also known as the Friendship Bridge, said a report.

Construction & Real Estate

Nakheel joins Bildits to launch hands-on construction initiative

Thu, 08 Jan 2026

Dubai master-developer Nakheel has partnered with Bildits, the creator of realistic construction learning kits, to launch Blueprint for the Future, a hands-on sustainability and construction initiative designed to equip students with practical skills in sustainable development and responsible design.

Construction & Real Estate

Indian real estate group BCD Global enters Middle East market

Thu, 08 Jan 2026

BCD Global, a leading Indian multinational group with interests in real estate development, construction and finance, has announced its foray into the Middle East, naming Dubai as its regional headquarters as it accelerates its next phase of global growth.

Construction & Real Estate

Dubai's property sector rounds off 2025 with record sales

Wed, 07 Jan 2026

Dubai's property sector capped a historic year in 2025 with both primary and resale markets posting strong gains, while rising property values and accelerated construction activity signalled continued market strength heading into 2026, said a report.

Construction & Real Estate

RTA completes traffic expansion works on key Dubai street

Wed, 07 Jan 2026

Dubai’s Roads and Transport Authority has announced the completion of traffic expansion works on Al Warqa’a 1 Street, covering a total length of 7 km in both directions. The scope of works included conversion of four roundabouts into smart signalised intersections.

Construction & Real Estate

Diriyah-Midad JV to build $827m Four Seasons hotel, residential project

Wed, 07 Jan 2026

Diriyah Company has announced a new joint venture with Midad Development and Real Estate to build the $827 million Four Seasons Hotel and Private Residences within its mega development. It will boast a 159-key luxury hotel as well as Four Seasons Private Residences.

Construction & Real Estate

Work starts on $29.6m Phase 2 of The Abdali project in Amman

Wed, 07 Jan 2026

Abdali Investment and Development has launched Phase Two infrastructure works of The Abdali during a signing ceremony held on Wednesday with the appointed contractor, Ahmad Yousef Al-Tarawneh & Partner formally initiating the project’s largest expansion to date.

Construction & Real Estate

EFG Hermes plays key role in Depa's $179m Nasdaq Dubai rights issue

Wed, 07 Jan 2026

EFG Hermes, a leading investment bank in the Mena region, has announced that it has played a key advisory role in the AED658 million ( ) rights issue of Depa, an interior solutions group based in Dubai, as the financial advisor and bookrunner for its listing on Nasdaq Dubai.

Construction & Real Estate

Flowciti starts operations in Bahrain, Saudi Arabia and UAE

Wed, 07 Jan 2026

Flowciti has officially announced its launch in Bahrain, Saudi Arabia and UAE as a holding company specialising in smart cities solutions, bringing together technology, operational execution, and user experience within a fully integrated ecosystem. The group seeks to create sustainable value for the real estate sector, businesses and institutions.

Construction & Real Estate

Jeddah Tower achieves construction milestone; tops 80 floors

Wed, 07 Jan 2026

Saudi Arabia’s landmark mega tall mixed-use skyscraper, Jeddah Tower, achieved a major construction milestone last year, surpassing 80 floors in December. When completed, it will exceed 1,000 metres, becoming the first human-made structure to reach a full kilometer.