Construction & Real Estate

Construction & Real Estate

ALEC Holdings sponsors ‘Adopt a Class’ at Al Noor Training Centre

Mon, 08 Jun 2026

ALEC Holdings, a leading diversified engineering and construction group operating in the UAE and KSA, has signed a memorandum of understanding (MoU) with Al Noor Training Centre for People of Determination, under which it will sponsor a classroom of 10 students of determination for one academic year.

Construction & Real Estate

Hellmann, INDU start work on new automotive logistics hub in Jafza

Mon, 08 Jun 2026

Hellmann Worldwide Logistics and INDU Group have broken ground on a new automotive logistics hub in Jebel Ali Free Zone (Jafza), reinforcing the free zone’s role as a key gateway for regional and global trade.

Construction & Real Estate

UAE real estate market to hit AED3 trillion by 2031, says report

Mon, 08 Jun 2026

The UAE real estate market is projected to reach nearly AED3 trillion ($812 billion) by 2031, reflecting strong investor confidence and sustained demand across residential, commercial and mixed-use developments, a report said.

Construction & Real Estate

Middle East Specialized Cables unit wins $46.6m contract from Cunado

Mon, 08 Jun 2026

Middle East Specialized Cables Company (MESC) has announced that its wholly-owned subsidiary Middle East Specialized Cables (MESC-Ras Al Khaimah UAE) has received a contract from Cunado Middle East for Pipes and Valves in the United Arab Emirates.

Construction & Real Estate

SAPTCO wins three-year bus transport contract for Madinah

Mon, 08 Jun 2026

The Saudi Public Transport Company (SAPTCO) has been awarded a three-year contract worth SAR241.47 million ($64.39 million) by the Al Madinah Region Development Authority.

Construction & Real Estate

GAS Arabian Services signs LTA with Aramco for key services

Mon, 08 Jun 2026

GAS Arabian Services Co has signed a long-term agreement (LTA) with Saudi Aramco for the provision of various services, the company said in a filing at the Saudi Exchange.

Construction & Real Estate

Beltone Mortgage signs deal with Coldwell Banker Egypt to finance ready-to-move units

Mon, 08 Jun 2026

Beltone Mortgage, a subsidiary of Beltone Holding, has signed a partnership agreement with Coldwell Banker Egypt, a leading real estate advisory and marketing firm, to provide flexible mortgage financing solutions for ready-to-move properties.

Construction & Real Estate

Middle East Energy celebrates landmark 50th year

Mon, 08 Jun 2026

Middle East Energy returns to the Dubai World Trade Centre from September 1 to 3, marking its historic 50th year since it staged its inaugural event in 1976.

Construction & Real Estate

Resilience underpins Middle East office fit-out market

Mon, 08 Jun 2026

Strong demand for premium space continues to drive the Middle East office fit-out market despite short-term geopolitical uncertainty, says a new report by global programme management company Turner & Townsend.

Construction & Real Estate

PIF, Talaat Moustafa in deal to develop key Saudi urban projects

Sun, 07 Jun 2026

Saudi Arabia's sovereign wealth fund PIF has reached an agreement with Talaat Moustafa Group Saudi that will see the duo explore opportunities, boost co-operation and collaborate in mixed-use real estate projects with the premium developments owned by PIF across the kingdom.