Construction & Real Estate

Construction & Real Estate

Arista Properties breaks ground on HQ commercial development

Fri, 03 Jul 2026

Arista Properties has officially broken ground on HQ, its flagship commercial development in Al Furjan in Dubai, marking a significant milestone for the project that is scheduled for handover in Q4 2027.

Construction & Real Estate

Saudi, Pakistan boards sign MoU to develop cricket stadium in Jeddah

Fri, 03 Jul 2026

Saudi Arabia has taken another step towards establishing itself as a global sporting destination after the Saudi Arabian Cricket Federation (SACF) and the Pakistan Cricket Board (PCB) signed a strategic memorandum of understanding (MoU) to develop an international cricket stadium in Jeddah.

Construction & Real Estate

Oversize ACs cost $152.5m to Abu Dhabi homeowners; new manual launched

Fri, 03 Jul 2026

The Abu Dhabi Department of Energy (DoE) has launched its Cooling Load Manual (CLM) in support of the Abu Dhabi Energy and Water Efficiency Strategy 2030.

Construction & Real Estate

Saudi Manpower Solutions signs $21.5m shelters contract with ministry

Fri, 03 Jul 2026

Saudi Logistics Services Company Ltd, a subsidiary of Saudi Manpower Solutions Company, has signed a contract worth approximately $21.5 million (SAR80.7 million) with Saudi Arabia's Ministry of Human Resources and Social Development to provide and operate shelters for domestic workers.

Construction & Real Estate

Retal in deal with Roshn to build 163 residential units in Makkah

Thu, 02 Jul 2026

Saudi-based Retal Urban Development Company has announced that it had signed conditional agreements with Roshn, a leading multi-asset class developer powered by PIF, for the development of 163 residential units within its AlManar community in Makkah city.

Construction & Real Estate

Saudi real estate company Al Tahaluf rebranded HOV Global

Thu, 02 Jul 2026

Leading Saudi real estate company Al Tahaluf has announced that it has been rebranded as HOV Global CJSC following an increase in majority ownership by K. Hovnanian ME Investments, a subsidiary of Hovnanian Enterprises, one of the largest homebuilders in the US.

Construction & Real Estate

RTA completes Dubai metro, tram overhaul project

Thu, 02 Jul 2026

Dubai's Roads and Transport Authority (RTA), in collaboration with Keolis MHI, the operator and maintainer of Dubai Metro and Dubai Tram, has announced the completion of the comprehensive overhaul programme for walkways and escalators.

Construction & Real Estate

Tanmia, FIM Partners Muscat launch $249m Omani real estate fund

Thu, 02 Jul 2026

Oman National Investments Development Company (Tanmia) has joined forces with FIM Partners Muscat to set up a new RO96 million ($249 million) fund - Oman Real Estate Development Fund - that will focus on investment opportunities related to real estate projects across the sultanate.

Construction & Real Estate

Contract awarded for $816m DIFC Heights Tower

Thu, 02 Jul 2026

Dubai International Financial Centre (DIFC) has awarded the main construction contract for DIFC Heights Tower, an AED3 billion ($816.88 million) gross development value mixed-use project located within Gate District, to Al Basti & Muktha (ABM).

Construction & Real Estate

Dubai launches digital twin platform - a virtual replica of city

Thu, 02 Jul 2026

Dubai on Thursday launched the Dubai Digital Twin Platform, which represents a new strategic milestone in the emirate's digital transformation journey.