Construction & Real Estate

Construction & Real Estate

Arada teams up with Big Heart Foundation to expand ‘Home for a Home’ into global initiative

Thu, 11 Jun 2026

Sharjah-based Arada Foundation has teamed up with The Big Heart Foundation to announce a major expansion of its Home for a Home initiative, making the programme a global commitment. Under this, every home sold by Arada overseas will now directly fund the construction of a new home for a vulnerable family

Construction & Real Estate

Miral to launch two new DC attractions at Warner Bros. World Yas Island

Thu, 11 Jun 2026

Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, in partnership with Warner Bros. Discovery Global Experiences, has announced the addition of two new DC-themed rides - Kryptonite Collider’ and ‘Superman Up and Away - at the award-winning Warner Bros. World Yas Island.

Construction & Real Estate

Saudi Arabia at the forefront of global water innovation with IDWS 2026

Thu, 11 Jun 2026

The Saudi Water Authority has announced the return of the Innovation Driven Water Sustainability Conference (IDWS), to be held in Jeddah this December, as growing concerns over water scarcity and resource security drive demand for innovation and sustainable water management solutions worldwide.

Construction & Real Estate

Hassan Allam unveils its signature single-family development in Cairo

Thu, 11 Jun 2026

Leading regional developer Hassan Allam Holding is introducing Grova EastHills, its first signature mixed-use, single-family-only community in Egypt, thus marking a new chapter for the group. Set across 300 acres of naturally elevated terrain in East Cairo, the project features a unique approach to community living.

Construction & Real Estate

Saipem seals $1bn EPC contract for Saudi gas compression plant

Thu, 11 Jun 2026

Saipem has announced that its joint venture with Nasser Saeed Al Hajri has secured a key engineering, procurement and construction services contract worth €900 million ($1.03 billion) for the Uthmaniyah Gas Compression Plant in the Kingdom of Saudi Arabia. The entire work will be completed within 42 months.

Construction & Real Estate

Emaar to unveil masterplan for AED200bn destination

Thu, 11 Jun 2026

Emaar Properties is set to unveil its most ambitious masterplan in the heart of Dubai - a AED200 billion development that aims to redefine urban living. The masterplan will deliver a GFA exceeding 4.5 million sq m, encompassing a mix of residential towers, villas and mansions, Grade-A offices, retail hubs, hospitality and cultural amenities.

Construction & Real Estate

KEZAD Group to develop SME Hub in Abu Dhabi

Thu, 11 Jun 2026

Khalifa Economic Zones Abu Dhabi - KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of the KEZAD SME Hub, a purpose-built business platform for small and medium enterprises (SMEs).

Construction & Real Estate

AHS Properties buys Shangri-La Hotel Dubai for $300m

Thu, 11 Jun 2026

UAE-based AHS Properties has announced that it has entered into a deal with Mismak Asset Management to acquire the 43-floor Shangri-La Hotel in Dubai for AED1.1 billion ($300 million) in one of the largest single-asset real estate transactions recorded in recent history. The 200-m property is located on Sheikh Zayed Road.

Construction & Real Estate

Saudi Arabia launches PPP tender for new Taif airport project

Wed, 10 Jun 2026

Saudi Arabia's Matarat Holding and the National Center for Privatisation & PPP (NCP) have issued request for proposals (RFP) to qualified bidders for the development of the new Taif International Airport project. A PPP project, it will be implemented under a Build-Transfer-Operate (BTO) model.

Construction & Real Estate

TKE Alat breaks ground on Dammam elevator manufacturing plant

Wed, 10 Jun 2026

TKE Alat, a joint venture between TK Elevator (formerly known as ThyssenKrupp Elevator), and Alat, a Saudi Arabian manufacturing company, have announced the groundbreaking of its planned elevator and escalator manufacturing and multi-purpose facility at Dammam's Third Industrial City.