MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final stage of site selection for its planned $5 billion integrated refinery and energy export corridor.
The Department of Municipalities and Transport (DMT) has increased the maximum gross floor area allowed for homes in the Shuwaib National Housing Project to 900 sq m in co-ordination with Abu Dhabi Housing Authority, thus giving Emirati families greater flexibility to expand and customise their homes.
Shaker Group, a leading manufacturer and distributor of air conditioners and home appliances in Saudi Arabia, has reported SAR743.1 million ($198.2 million) revenue for the first half, down 3.4% from the same period last year, mainly due to a decline in its HVAC solutions business.
Advanced Building Industries Company (Senaat) has announced that its key subsidiary, Zodcon, has secured a mechanical, electrical and plumbing (MEP) services contract for a mall project in Makkah. The entire work will be completed within a 15-month period.
Kuwait Oil Company (KOC) said it has awarded 129 contracts worth about KD2.2 billion ($7.2 billion) during the first half of 2026 as it stepped up investments to expand oil production capacity, strengthen drilling and exploration activities as well as modernise oilfield infrastructure.
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has achieved another significant safety milestone by becoming the first aluminium smelter in the Middle East to join the Lifting Equipment Engineers Association (LEEA) Accredited Training Scheme.
Dubai’s luxury real estate developers must treat wellness as the new baseline for how homes are designed and built, as global demand grows for healthier living environments. The next phase for the industry is collaboration rather than competition, said a leading UAE developer.
India's top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that one of its key subsidiaries - L&T Energy Hydrocarbon Onshore - has signed a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO), thus strengthening the long-standing partnership between the two companies.
Saudi Arabia is stepping up efforts to drive sustainable development in the Jazan region, with authorities overseeing 38 strategic projects aimed at upgrading infrastructure, attracting investment and supporting long-term economic growth under the kingdom's Vision 2030 agenda.
Dubai-based Majid Developments has announced steady progress on its prime residential development - Mayfair Gardens - located in Jumeirah Garden City, with the project in its final stages of construction. The 12-storey tower featuring 64 apartments is due for handover in September.
