Construction & Real Estate

Construction & Real Estate

Ladun in deal to develop mixed-use real estate project in Riyadh

Thu, 16 Apr 2026

Saudi-based Ladun Investment Company has announced that it has signed an agreement with Asbar Capital Company for the implementation of a mixed-use real estate development project on a plot of land owned by one of its key funds, located in Riyadh.

Construction & Real Estate

Al Yamamah Steel Industries wins Yanbu Wind Farm deal

Thu, 16 Apr 2026

Saudi-listed Al Yamamah Steel Industries Co. has signed a contract worth SAR126 million ($33.6 million) to supply steel wind towers for the Yanbu Wind Farm, marking a significant addition to its renewable energy portfolio.

Construction & Real Estate

KEO, MHA partner to deliver integrated data center solutions in GCC

Thu, 16 Apr 2026

KEO, a leading multidisciplinary consulting firm, and Margulies Hoelzli Architecture (MHA), a leader in data center and mission-critical design, have entered into a strategic partnership to deliver end-to-end data center solutions for developers and investors across the GCC and Europe.

Construction & Real Estate

ORA Developers acquires new land, total investment to hit $8.17bn

Thu, 16 Apr 2026

ORA Developers is expanding its UAE presence through the acquisition of an additional 4.8 million sq m of land from Modon Holding in Ghantoot, increasing its UAE land bank to 9.6 million sq m.

Construction & Real Estate

Al Yamamah seals key Saudi steel wind towers contract

Thu, 16 Apr 2026

Saudi-based Al Yamamah Steel Industries has announced that it has been awarded a key contract by the Sepco III Electric Power Construction to deliver steel wind towers for its Yanbu Wind farm. The entire contract work will be completed within the next nine months.

Construction & Real Estate

Danway secures contract for 110/13.8kV substation project in Madinah

Thu, 16 Apr 2026

Danway, a leading engineering firm in Saudi Arabia has signed a contract with National Grid, a key subsidiary of Saudi Energy, for the construction of a new 110/13.8kV substation in Madinah. The entire project work will be completed within a period of 23 months.

Construction & Real Estate

Object 1 announces Abu Dhabi foray with new 171-unit residential tower

Thu, 16 Apr 2026

UAE developer Object 1 has announced the official launch of its inaugural residential project in Abu Dhabi - A1LA Residence - featuring 171 apartments, including one- to three-bedroom units as well as a limited collection of two- and three-bedroom duplexes across 17 residential floors.

Construction & Real Estate

Mutlaq Al Ghuwairi inks deal with Alfanar for 380 kV Saudi substation

Thu, 16 Apr 2026

Saudi-based Mutlaq Al Ghowairi Contracting has announced that it has signed an agreement with Alfanar Projects to implement a 380 kV electrical substation unit within the scope of the works of the Jubail-Buraidah Independent Water Transmission Pipeline Project.

Construction & Real Estate

Hassan Allam Holding acquires Metito’s EPC unit

Thu, 16 Apr 2026

Hassan Allam, one of the largest engineering and construction companies in the MENA region, has agreed to acquire MetiPro, the engineering, procurement, and construction arm of Metito group.

Construction & Real Estate

Wasl Group launches Central Park at Wasl Gate

Thu, 16 Apr 2026

Wasl Group, one of Dubai’s leading real estate developers, has announced the opening of Central Park, one of the largest parks within a residential community in the emirate, at Wasl Gate, its master-planned community in Jebel Ali.