Construction & Real Estate

Construction & Real Estate

Jeddah Airport Terminal 1 earns LEED Gold Certification

Sun, 09 Aug 2026

Jeddah Airports Company’s Terminal 1 at King Abdulaziz International Airport has received LEED Gold Certification from the US Green Building Council for its commitment to applying the highest sustainability standards in the design and operation of its facilities.

Construction & Real Estate

ORA unveils boutique residential collection within flagship UAE project

Sat, 08 Aug 2026

UAE-based ORA Developers has announced the launch of Y Views - a boutique collection of three- to eight-bedroom luxury villas and mansions - within its flagship development, BAYN, a 4.8 million sqm coastal masterplan in Ghantoot corridor located between Abu Dhabi and Dubai.

Construction & Real Estate

GFH emerges sole bidder for Bahrain National Stadium Revamp project

Sat, 08 Aug 2026

GFH Financial Group, a leading Bahraini group with interests in asset management and real estate sectors, has emerged as the sole bidder for the development and operation of the kingdom’s iconic Bahrain National Stadium located within Shaikh Isa Sports City in North Riffa.

Construction & Real Estate

Aqualia wins three-year renewal to operate Saudi floating desal plants

Sat, 08 Aug 2026

Spanish water company Aqualia has secured a three-year contract renewal from National Shipping Company of Saudi Arabia (Bahri) for the operation and maintenance of three floating desalination plants in Yanbu with a combined capacity of 150,000 cu m of drinking water per day.

Construction & Real Estate

Red Sea International eyes $201m capital boost through rights issue

Sat, 08 Aug 2026

Red Sea International, a specialist in modular construction and prefabricated buildings, has sought regulatory approval to raise SAR280 million ($73.7 million) through a rights issue of 28 million ordinary shares, which would boost its capital to SAR762.7 million ($201 million).

Construction & Real Estate

Saudi Arabia receives nine wind turbines for major wind projects

Sat, 08 Aug 2026

Nine wind turbines have arrived at Saudi Arabia's King Fahad Industrial Port in Yanbu for the Starah and Shaqra wind power projects. The cargo included 27 wind turbine blades, together with various supplementary turbine components and equipment needed for power generation from wind energy.

Construction & Real Estate

Emaar Properties H1 net profit before tax up 23% to $3.5bn

Fri, 07 Aug 2026

Emaar Properties delivered a resilient performance during the first half of 2026, with revenue up 21% to AED23.9 billion ($6.5 billion), EBITDA up 24% to AED12.9 billion ($3.5 billion), and net profit before tax up 23% to AED12.8 billion ($3.5 billion).

Construction & Real Estate

Pantheon builds platform for music, culture and communities

Fri, 07 Aug 2026

Pantheon, a leader in real estate development, today announced its evolution into Pantheon - Art • Culture • Real Estate (Pantheon ACR), a broader platform created to connect people through the places they live, the experiences they share and the culture they co-create.

Construction & Real Estate

ARTDOM Riyadh 2026 design platform returns in October

Fri, 07 Aug 2026

Riyadh will host the second edition of ARTDOM Riyadh, an international forum for contemporary design that brings together architecture, interior and product design, art, real estate development, and the hospitality industry in October.

Construction & Real Estate

Dubai property rental contracts set for record year

Fri, 07 Aug 2026

The Dubai real estate market remains on course in 2026 to set a new all-time high for rental contracts recorded in one year.