Construction & Real Estate

Construction & Real Estate

Turner & Townsend to design asset management system for King Abdulaziz Airport

Wed, 23 Sep 2026

Jeddah Airports Company (Jedco) has appointed global programme management company Turner & Townsend to design and implement an enterprise‑wide asset management system at King Abdulaziz International Airport (KAIA) in the Saudi port city of Jeddah.

Construction & Real Estate

Sharjah unveils 51,200-sq-m Al Freish Lake development plan in Kalba

Wed, 23 Sep 2026

Sharjah has announced that a new 51,200-sq-m lake is being planned in Kalba as part of a wider development behind Al Marsh Square. The Al Freish Lake project will include 200 parking spaces, landscaped areas, waterfalls and walking paths, thus creating a family-friendly destination.

Construction & Real Estate

Saudi construction costs up 2.3pc in August, says report

Tue, 22 Sep 2026

The construction cost index in Saudi Arabia’s rose 2.3% year-on-year in August, driven by higher costs in both the residential and non-residential sectors. The construction costs in the residential sector surged 2.1% from a year earlier, while costs in the non-residential sector were up 2.6%.

Construction & Real Estate

ROSHN Group offers real estate opportunities for foreign investors

Tue, 22 Sep 2026

ROSHN Group, Saudi Arabia’s leading master developer and a PIF company, is supporting a new chapter for international participation in the Saudi real estate market, as the Kingdom’s regulations governing non-Saudi property ownership create new opportunities for eligible international buyers and investors.

Construction & Real Estate

Saudi, Qatar reforms offer new real estate opportunities says Dar Global

Tue, 22 Sep 2026

Dar Global, a leading luxury real estate developer, is reinforcing its commitment to the region's fastest-growing real estate markets by highlighting its flagship residential portfolio across Saudi Arabia and Qatar.

Construction & Real Estate

Smart city technologies can unlock new asset class: JLL

Tue, 22 Sep 2026

Global smart cities, including Riyadh, can unlock billions of dollars in economic value by treating their technology initiatives as a serious, high-performing investment class, rather than an experimental innovation spend, says a new report from JLL.

Construction & Real Estate

Al Mouj Muscat completes delivery of four Business Park units

Tue, 22 Sep 2026

Al Mouj Muscat, Oman’s leading lifestyle destination, said it has handed over four completed buildings of Al Mouj Business Park to their owners. Spanning 39,000 sq m across eight mid-rise buildings in two districts, the Business Park features landscaped gardens and Grade A office space.

Construction & Real Estate

fischer products selected for landmark Jeddah Tower

Tue, 22 Sep 2026

German fastening specialist fischer has been selected to supply its steel and chemical products for Saudi Arabia’s landmark Jeddah Tower, which is set to become the world’s tallest building when completed.

Construction & Real Estate

Umm Al Qura, Numu sign deal to build 460-unit tower in Makkah

Tue, 22 Sep 2026

Saudi-based Umm Al Qura has signed an agreement with sustainable lifestyle real estate developer Numu for the construction of a SAR700 million ($185 million) serviced apartment tower within its Masar Destination in Makkah. The project will feature 460 hospitality units along with other amenities.

Construction & Real Estate

Dubai records $29.3bn in completed real estate projects in H1

Tue, 22 Sep 2026

Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report.