Abu Dhabi Fund for Development (ADFD) has signed two loan agreements, including one with the Government of Tajikistan to finance the Rogun Hydroelectric Power Station valued at AED376 million ($102.38 million), and another to support a social housing project in Seychelles valued at AED32 million (8.71 million).
Mirage, a leading project management, architecture, urban design, master planning and lead consultancy, has announced the successful completion of the first raft concrete pour for Tower 2 at Address Residences Zabeel, a major Emaar development located in Dubai.
Abu Dhabi's transport authorities have launched a project for the redevelopment of Mussafah and boost its role as a premier industrial and investment hub. The initial phase will focus on revitalising the district’s waterfront, with plans to deliver expansive green spaces.
Dubai Municipality unveiled the ‘Blue and Green Spaces Roadmap 2030’ at the World Governments Summit as part of a comprehensive strategic vision to develop a balanced and integrated urban ecosystem. The roadmap includes a portfolio of projects valued at more than AED4 billion ($1.1 billion).
Leading Egyptian real estate developer Palm Hills Developments (PHD) has joined hands with top investment bank EFG Hermes for the successful closing of an E£2.015 billion securitised bond issuance. The transaction represents the first issuance under PHD’s newly approved E£30 billion securitization program.
With the early award of a critical infrastructure contracts to Nesma & Partners and the mobilisation of global giants Bechtel and Buro Happold, the Expo 2030 Riyadh project is now accelerating toward its October 2030 opening. Work on the mega event's country pavilions is likely to begin in the third quarter, said media reports.
K Hovnanian ME Investments (KHME), a subsidiary of Hovnanian Enterprises, and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed an MoU with Saudi Arabia’s Tourism Development Fund (TDF) and Emaar, The Economic City (EEC) to enable high-quality tourism investment and lifestyle-focused residential opportunities in King Abdullah Economic City (KAEC).
Dubai’s Roads and Transport Authority has signed a co-operation agreement with Glydways, a global leader in automated transit networks, for setting up an automated transit network, introducing a new mode of transport based on autonomous electric vehicles supported by AI technologies in Dubai.
The fourth quarter of 2025 saw a shift in the narrative towards a more delivery‑focused era for Saudi’s real estate market, with project rationalisation and rephasing now becoming apparent, as government investments refocused to Expo and other major drivers, says a CBRE Middle East report.
Leading Abu Dhabi developer Aldar said it had awarded contracts worth AED66 billion ($18 billion) in 2025, covering a diverse portfolio of residential, commercial, infrastructure, and logistics projects, thus underscoring the continued pace of development across the UAE.
