Construction & Real Estate

Construction & Real Estate

Bahrain medical city Phase I work set for 2026 completion

Thu, 11 Dec 2025

Work is in full swing at the King Abdullah Bin Abdulaziz Medical City (KAMC), a multi-million-dollar healthcare project coming up in the Southern Governorate of Bahrain with the first phase of work likely to be completed next year.

Construction & Real Estate

Richmind breaks ground on ZHA-designed luxury seafront residences

Thu, 11 Dec 2025

UAE-based developer Richmind has broken ground on its landmark residential project - Oystra - on Al Marjan Island, Ras Al Khaimah. Designed by Zaha Hadid Architects (ZHA), Oystra will offer 850 one- to four-bedroom luxury seafront residences.

Construction & Real Estate

Tight supply conditions drive UAE real estate sector growth in Q3

Thu, 11 Dec 2025

The UAE's real estate market experienced strategic evolution across the residential, hospitality and industrial sectors, with robust demand and shifting occupier and investor priorities actively reshaping market dynamics in Q3 2025, said an industry expert.

Construction & Real Estate

Farnek unit upgrades key digital safety management platform

Thu, 11 Dec 2025

UAE-based facilities management group Farnek said one of its key subsidiaries, Hitek AI, has launched a significant upgrade to its Safetek digital safety management platform thus catering to key sectors such as construction and manufacturing industries.

Construction & Real Estate

Modon awards $272m construction contract for Reem Island project

Thu, 11 Dec 2025

Leading developer Modon has awarded an AED1 billion ($272 million) construction contract for the Maysan project on Reem Island, Abu Dhabi. The scope of work includes development of two integrated residential communities featuring 244 townhouses.

Construction & Real Estate

Summit propels Saudi Arabia to the forefront of global water innovation

Wed, 10 Dec 2025

Saudi Arabia’s role as a driver of innovation for a safer, secure future for global water was amplified on day two of the 4th Innovation-Driven Water Sustainability Conference (IDWS) 2025 held in Jeddah, as the event’s focus shifted from announcements to practical delivery and real-world case studies.

Construction & Real Estate

Volvo to roll out 14-tonne battery-electric medium duty trucks

Wed, 10 Dec 2025

Global truck maker Volvo is launching its popular battery-electric medium duty truck – the Volvo FL Electric – in a 14-tonne entry level version with new battery configuration. The electric version has been in the market since 2019 and are sold in multiple markets across Europe, Middle East, Africa, Asia, and Australia.

Construction & Real Estate

JLL plays key role in Dubai serviced apartment tower sale

Wed, 10 Dec 2025

Global real estate expert JLL said it has successfully advised on the sale of a strategically-located serviced apartment tower in Dubai, leveraging its extensive global investor network to connect international capital with regional opportunities.

Construction & Real Estate

Radisson-branded waterfront residences to come up in Reem Island

Wed, 10 Dec 2025

UAE-based Royal Development Holding has entered into a deal with Radisson Hotel Group to develop a premium branded residential project in Abu Dhabi. A major project, Radisson Residences Reem Island is set to redefine waterfront living in the UAE capital.

Construction & Real Estate

Agility Global Bengaluru logistics park earns EDGE ‘Green Building’ status

Wed, 10 Dec 2025

Agility Global, a multi-business operator and long-term investor in global and regional businesses, announced that the Agility Logistics Park (ALP) near Bengaluru (formerly Bangalore), India has received international EDGE Advanced certification as an energy- and resource-efficient green facility.