Al Mouj Muscat, Oman’s leading lifestyle destination, said it has handed over four completed buildings of Al Mouj Business Park to their owners. Spanning 39,000 sq m across eight mid-rise buildings in two districts, the Business Park features landscaped gardens and Grade A office space.
German fastening specialist fischer has been selected to supply its steel and chemical products for Saudi Arabia’s landmark Jeddah Tower, which is set to become the world’s tallest building when completed.
Saudi-based Umm Al Qura has signed an agreement with sustainable lifestyle real estate developer Numu for the construction of a SAR700 million ($185 million) serviced apartment tower within its Masar Destination in Makkah. The project will feature 460 hospitality units along with other amenities.
Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report.
China National Offshore Oil Engineering has announced the groundbreaking of its biggest international offshore project - Bul Hanine EPIC in Qatar - with a total contract value of $4 billion. The project is being developed in the country's Bul Hanine oilfield by QatarEnergy.
ACCIONA has reached a major health, safety and environment (HSE) milestone in Qatar, recording 20 million safe man hours without a lost time injury (LTI) across its water operations in the country.
PlanRadar, a digital platform working with construction teams around the world, has identified six skills that are becoming increasingly important on the modern jobsite, helping professionals work more efficiently and adapt as construction becomes more digital.
Saudi-based Almoosa Health Company has awarded a major contract worth SAR781.7 million ($207 million) to BEC Arabia for the execution of mechanical and electrical works for a key hospital project in Al Khobar, in the kingdom's Eastern Province. The entire project is likely to be completed in two years.
Saudia Real Estate has signed an agreement with Jasara Program Management Company to establish a framework for collaboration in project development and delivery, supporting national development priorities and contributing to the objectives of Saudi Vision 2030.
Saudi-based Retal Urban Development has announced that it has secured approval from Capital Market Authority for boosting its capital to SAR555 million ($146.7 million). This 11% capital hike is aimed at acquiring a strategic 47.5% stake in Ajdan Real Estate Development Company.
