Combined Group Contracting (CGC), a leading infrastructure specialist, has secured multiple high-value contracts worth $210 million from Kuwait Oil Company. The scope of work includes development of complex oil and gas infrastructure developments in Kuwait.
Kuwait's real estate sector has recorded solid growth in FY 2025 with the Q4 property sales reaching record levels, supported by a significant increase in residential sales and robust commercial sales. For the full year, the sales came in at KD4.4 billion ($14.3 billion), said a report.
Leading Qatari developer Msheireb Properties has forged a strategic partnership with key telecom group Ooredoo and global automation giant Honeywell to help power its GenNext smart city - Msheireb Downtown Doha. The agreement also includes five years of managed services.
Dubai-based developer Select Group has announced the launch of Artistry Two Residences, following strong market response. Strategically positioned within Dubai Design District, it features a collection of one- to three-bedroom apartments with premium amenities.
Dubai’s off-plan property sales reached a record AED286 billion ($77.88 billion) in 2025 with the sale of about 132,000 homes in the year, according to a new report.
The Kingdom of Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer. This infrastructure reduces property settlement times from days to mere seconds.
Arzan Wealth (DIFC), a Dubai-based investment advisory firm, said it has successfully advised on a partial exit from a portfolio of radiology centres located in Long Island, New York. The transaction represents the first realisation from the portfolio, which was acquired in March last year.
Saudi Water Authority has collaborated with IBM, a leading provider of global hybrid cloud and AI and consulting expertise, for the launch of its AI-powered Digital H2O Platform, a next-generation digital ecosystem designed to accelerate the kingdom’s water sector transformation.
Global technology company SLB has announced that Kuwait Oil Company has awarded it a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management.
Dubai’s Roads and Transport Authority (RTA) has signed a strategic partnership agreement with the US-based The Boring Company to start work on Dubai Loop, a cutting-edge passenger transport tunnel project in the emirate.
