Construction & Real Estate

Construction & Real Estate

ACC undertakes delivery of 500 Ramhan Island luxury villas

Mon, 04 May 2026

Arabian Construction Company (ACC) has announced that work is underway on 500 luxury villas being developed by Eagle Hills as part of the landmark Ramhan Island development, situated off the coast of Abu Dhabi. Spanning over 4 million sq m, Ramhan Island is designed as a premier waterfront destination.

Construction & Real Estate

Drake & Scull, Prestige One kick off work at Majan development

Mon, 04 May 2026

Drake & Scull International, in a strategic partnership with luxury developer Prestige One Developments, has officially started work on the Majan Project. Located in one of Dubai's fastest-growing districts, the Majan Project is set for completion in the first quarter of 2028.

Construction & Real Estate

Parsons lands integrated services contract for Dubai Loop Program

Mon, 04 May 2026

Parsons Corporation has been awarded a key contract by The Boring Company (TBC) to provide professional services for Dubai Loop project, an underground transportation initiative being developed in UAE. As part of the deal, Parsons will act as TBC’s delegated programme manager and provide integrated services.

Construction & Real Estate

Majid Al Futtaim awards main contract for Distrikt Ghaf Woods

Mon, 04 May 2026

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.

Construction & Real Estate

Al Baraka seals housing finance agreement with Eskan Bank

Mon, 04 May 2026

Al Baraka, a leading Islamic bank in the Kingdom of Bahrain, has announced that it has signed the third addendum to the housing finance programmes agreement with Eskan Bank. This step incorporates the “Sale of Residential Units Prior to Completion” programme under the framework of their joint co-operation.

Construction & Real Estate

Alef Group accelerates delivery at its flagship lifestyle destination in Sharjah

Mon, 04 May 2026

Alef Group, a premier real estate developer in Sharjah, has announced significant progress in the delivery of buildings within its flagship project, Al Mamsha, alongside the opening of a number of new retail outlets during April. These additions reflect a carefully curated tenant mix designed to deliver distinctive, high-quality experiences.

Construction & Real Estate

India’s Bajel Projects secures two 500kV OHTL contracts in Mena

Mon, 04 May 2026

Indian group Bajel Projects, a leading player in the business of power infrastructure and an international EPC partner, has announced that it has secured two major orders from the Middle East and North Africa (Mena) region for the construction of 500kV overhead transmission lines.

Construction & Real Estate

FOCUS: How connected data is transforming GCC's mega-projects

Mon, 04 May 2026

As the GCC construction sector pushes the boundaries of scale, speed and complexity, the industry is rapidly transitioning from fragmented workflows to integrated, data-driven ecosystems. For Trimble, this shift marks the emergence of “connected construction”, a model that redefines how projects are designed, managed and delivered.

Construction & Real Estate

Tunnelling works for $5.58bn Dubai Metro Blue Line launched

Mon, 04 May 2026

The primary tunnelling works for the AED20.5 billion ($5.58 billion) Dubai Metro Blue Line project was launched on Sunday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Construction & Real Estate

Adnoc to accelerate growth, award $55bn projects

Sun, 03 May 2026

Adnoc confirmed that it is accelerating growth and delivery of its strategy with AED200 billion ($55 billion) in new project awards for 2026-2028.