Construction & Real Estate

Construction & Real Estate

Masah Contracting lands 40-storey Al Khobar residential tower

Tue, 04 Aug 2026

Saudi-based Masah Contracting Company has announced that it has won the construction deal for Ajdan Infiniti Tower T2, a 40-storey residential development located in Al Khobar in the kingdom's Eastern Province. The entire contract work will be completed within two to three years.

Construction & Real Estate

L&T unit secures over $1.5bn order from ADNOC Offshore

Tue, 04 Aug 2026

India's top engineering and construction conglomerate Larsen and Toubro (L&T) has announced that its key subsidiary L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra-mega order - valued at over Rs150 billion ($1.57 billion) - from ADNOC Offshore for development of multiple offshore facilities.

Construction & Real Estate

Meraas awards groundworks contract for Madinat Jumeirah residential project

Tue, 04 Aug 2026

Dubai developer Meraas has awarded a key contract to International Foundation Group for groundworks at its premium residential development Nourelle within Madinat Jumeirah Living. It comprises 236 one- to four-bedroom apartments across three contemporary residential buildings.

Construction & Real Estate

Saudi building materials firm Masdar opens new Madinah outlet

Tue, 04 Aug 2026

Masdar, a leading building and construction materials company in Saudi Arabia, has announced the opening of its fully integrated construction and building materials facility in Madinah.

Construction & Real Estate

Saudi Energy Company posts $13.94bn H1 revenue, up 10.5%

Tue, 04 Aug 2026

Saudi Energy Company posted a 10.5% year on year (YoY) growth in H1 revenue to SAR52.2 billion ($13.94 billion), EBITDA rose by 8.2% to SAR21.5 billion, and net profit increased by 7.5% to SAR6.7 billion.

Construction & Real Estate

Aquatech acquires UAE water treatment chemicals firm Metichem

Tue, 04 Aug 2026

Aquatech, a global provider of water and process technology solutions, has announced the acquisition of UAE-based Metito Chemical Solutions (Metichem) in a deal aimed at expanding its portfolio of specialty water treatment chemicals and operational services in the Middle East and North Africa region.

Construction & Real Estate

Dubai moves to regulate home gardening, landscaping services

Tue, 04 Aug 2026

Dubai has launched the ‘Al Freej Gardener’ initiative, a digital community platform designed to regulate the provision of home gardening and landscaping services across the emirate.

Construction & Real Estate

Qiddiya Investment Co launches initiative to develop Saudi engineering talent

Mon, 03 Aug 2026

Saudi Arabia's Qiddiya Investment Company has announced PlayPath, a new mid-career recruitment and development initiative designed to attract, develop, and accelerate Saudi engineering talent supporting the delivery of Qiddiya City.

Construction & Real Estate

Naseej starts infrastructure works for Amwaj Avenue

Mon, 03 Aug 2026

Naseej, a leading integrated real estate development and infrastructure company headquartered in Bahrain, has announced the groundbreaking of the infrastructure works for Amwaj Avenue, located at the entrance to Amwaj Islands in the Muharraq Governorate.

Construction & Real Estate

Middle East’s largest trenchless technology event moves to Riyadh

Mon, 03 Aug 2026

Trenchless Middle East, the region’s largest and longest-running exhibition and conference dedicated to trenchless technology and underground infrastructure, will take place in Riyadh for the first time on December 2 and 3, 2026.