Construction & Real Estate

Construction & Real Estate

Taif Road extension project work 65pc completed

Tue, 05 May 2026

The Royal Commission for Riyadh City (RCRC) has announced steady progress on the Taif Road extension project, a strategic component of the first batch of the SAR13 billion ($3.4 billion) Main & Ring Road Axes Development Programme, with 65% of the work already completed.

Construction & Real Estate

Senaat unit lands steel structures supply contract for Algerian project

Tue, 05 May 2026

Saudi-based Advanced Building Industries Company (Senaat) has announced that one of its key subsidiaries, Zamil Structural Steel has signed a contract with Qatari group Elegancia Steel Company for the design, manufacture, and supply of steel structures for a project in Algeria.

Construction & Real Estate

Mered launches floating sales gallery on Al Reem Island

Tue, 05 May 2026

Mered, a leading real estate developer, has unveiled a floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to its waterfront project - Riviera Residences - in Abu Dhabi. A first-of-its-kind immersive venue, it signals a new chapter in experiential real estate in the UAE.

Construction & Real Estate

SEREDO 2026 showcases Saudi real estate investment opportunities

Tue, 05 May 2026

The Saudi Real Estate Development and Ownership Exhibition (SEREDO 2026) opened in Dammam on Monday with the participation of public entities, key developers, financing institutions, and real estate experts.

Construction & Real Estate

Ewec, Masdar tie-up to rapidly scale up renewable energy projects

Tue, 05 May 2026

Emirates Water and Electricity Company (Ewec) has entered into a strategic collaboration framework agreement with Abu Dhabi Future Energy Company (Masdar) to set up a roadmap for the accelerated deployment of utility-scale renewable energy projects.

Construction & Real Estate

Parkin inks five-year parking management framework deal with Al Futtaim Group

Tue, 05 May 2026

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, has signed a five-year Parking Management Framework Agreement with Al Futtaim Group to deliver parking regulation and enforcement services across key retail destinations in the emirate.

Construction & Real Estate

Saudi Arabia launches EOI and RFQ for renal care project

Tue, 05 May 2026

Saudi Arabia's Ministry of Health (MoH), the Ministry of Defense (MoD) and the National Center for Privatization & PPP (NCP) have launched the Expression of Interest (EOI) and Request for Qualification (RFQ) phase for a major renal care project.

Construction & Real Estate

Hira boosts RAK presence with new factory, warehouse facility

Mon, 04 May 2026

Hira Industries, a global manufacturer and supplier serving the construction sector since 1980, has expanded its operations at Ras Al Khaimah Economic Zone (Rakez) with the addition of a new factory and warehouse facility at Al Ghail Industrial Zone.

Construction & Real Estate

betterhomes announces exclusive launch of 93-storey Dubai tower

Mon, 04 May 2026

UAE real estate agency betterhomes has announced the exclusive launch of City Tower, a premium long-term leasing address on Sheikh Zayed Road in Dubai, in collaboration with H&H. The 93-storey tower offers 695 residences - ranging from studios to four-bedroom homes - available to move in from June 20.

Construction & Real Estate

Hanna Ihnatovich named Volvo CE global sales head

Mon, 04 May 2026

Volvo Construction Equipment (Volvo CE), a global leader in construction solutions, has announced the appointment of Hanna Ihnatovich as the new Head of Sales (International). An industry veteran, Hanna had held a range of commercial roles globally and also across Europe region.