Global leader in light and sustainable construction, Saint-Gobain inaugurated its new construction chemicals manufacturing unit in Ras Al Khaimah, reinforcing its long-term commitment to the UAE market and expanding its regional product range offer along with production capabilities.
Youngest Arab billionaire Abbas Sajwani's AHS Properties aims to scale its project pipeline to AED50 billion ($13.61 billion) in value by year-end.
Abu Dhabi National Company for Building Materials (BILDCO) has announced a strategic partnership with Wujod Real Estate Development to develop an integrated sustainable city in Abu Dhabi with an initial investment of AED2 billion ($544.4 million) in the first phase.
Abu Dhabi-based BILDCO is studying a strategic logistics project in Oman aimed at developing an integrated logistics hub at the Port of Salalah, alongside a collection and operations centre in Sohar.
NMDC Dredging & Marine, a subsidiary of NMDC Group, has inaugurated the NMDC Coastal & Hydrodynamic Center, the region’s first hydraulic physical modelling test facility.
DSV, a global transport and logistics leader, and Arcapita Group Holdings Limited, a global alternative investment firm, through its real estate development platform Lintara Properties, have announced the completion of a new, state-of-the-art 30,000-square-metre build-to-suit logistics warehouse at Dubai’s Jebel Ali Free Zone (JAFZA).
Saudi Arabia’s Umm Al Qura For Development and Construction has announced plans for a new SAR1 billion ($267 million) hotel tower in Makkah as part of its massive Masar Destination development project near the Grand Mosque.
Dubai’s residential property market maintained its strong momentum in the first quarter of 2026, with transaction values reaching AED140.8 billion ($38.34 billion) despite regional geopolitical uncertainty and the seasonal slowdown associated with Ramadan, according to a new report by Morgan’s International Realty.
The UAE real estate market is navigating a transition period as it moves beyond the exceptional momentum of 2025 toward a more measured, mature phase, supported by strong fundamentals and ongoing infrastructure investment, said a Colliers report.
Forbes Middle East will host the second edition of its Building the Future Summit on June 23 and 24 at Conrad Abu Dhabi Etihad Towers, bringing together top government officials, real estate developers, investors, architects and technology innovators to discuss the future of urban development across the Middle East and North Africa (MENA).
