Construction & Real Estate

Construction & Real Estate

Saudi NCP qualifies six bidders for Prince Naif Airport PPP project

Sun, 06 Sep 2026

Matarat Holding, in collaboration with Saudi National Center for Privatization & PPP (NCP), has announced that six leading consortia and companies including Egis, Indian group GMR Airports and Turkish group TAV have qualified for the Prince Naif Bin Abdulaziz International Airport PPP Project.

Construction & Real Estate

Kuwait property investment deals hit $1.5bn in H1, says report

Sun, 06 Sep 2026

Kuwait’s investment property sector continued to lead real estate activity in the first half of 2026 with the transactions hitting KD574.2 million ($1.8 billion) across 655 deals during the first half of 2026 compared with KD828 million ($2.6 billion) across 687 deals during the same period in 2025.

Construction & Real Estate

SEREDO Expo for Real Estate opens in Jeddah

Sun, 06 Sep 2026

The fifth edition of the SEREDO Expo for Real Estate Development and Ownership 2026 opened in Jeddah today aiming to enhance investment opportunities and showcase the latest projects and innovative solutions in the Kingdom's real estate sector.

Construction & Real Estate

EmiratesGBC spotlights female leadership, low-carbon construction

Sun, 06 Sep 2026

Emirates Green Building Council is set to bring together industry leaders, policymakers, innovators and students for World Green Building Week, with its UAE programme focused on spotlighting female leadership in the sector as well as accelerating the shift towards low-carbon construction.

Construction & Real Estate

Oman’s Al Mazunah Free Zone draws $366m investments in H1

Sat, 05 Sep 2026

Oman's Al Mazunah Free Zone has localised four projects during the first half, covering industrial and logistics sectors spanning 2,415 sq m. With this move, its cumulative investment in the free zone has risen to RO141 million ($366 million), with leased space topping 1.4 million sq m out of a total 15.36 million sq m.

Construction & Real Estate

Grovy Developers breaks ground on Ramada boutique branded homes

Sat, 05 Sep 2026

UAE-based Grovy Developers has broken ground on Ramada Residences by Wyndham at Dubai Islands, its boutique branded homes featuring a collection of one- to three-bed apartments along with four-bedroom penthouses. The project is being developed in partnership with USquare Luxe Properties.

Construction & Real Estate

Capstone joins Keyper to launch flexible rental payments in Abu Dhabi

Sat, 05 Sep 2026

Capstone Real Estate has announced a strategic partnership with Keyper to introduce the Rent Now, Pay Monthly (RNPM) digital system to its tenants in Abu Dhabi, thus providing greater flexibility and convenience in managing rental payments.

Construction & Real Estate

Aldar completes Abu Dhabi’s first off-plan mortgage under new ADREC framework

Sat, 05 Sep 2026

Aldar has become the first in Abu Dhabi to complete mortgage financing on an off-plan property for its customers through Abu Dhabi Real Estate Centre’s newly launched framework that enables the financing bank to be named on the mortgage registration certificate before property handover.

Construction & Real Estate

Dubai data shows August property deals down 37%; market now more selective

Fri, 04 Sep 2026

Dubai Land Department (DLD) figures for August show transaction volumes were down 37% and sale values down 44% year-on-year in the month. Taken alone, the headline numbers describe a market in decline.

Construction & Real Estate

Qiddiya expands with premier tennis and golf venues

Fri, 04 Sep 2026

Following the successful launch of flagship entertainment assets including Six Flags Qiddiya City and the Middle East’s largest water theme park, Aquarabia, Qiddiya City is accelerating construction on its primary sports masterplan.