Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report.
China National Offshore Oil Engineering has announced the groundbreaking of its biggest international offshore project - Bul Hanine EPIC in Qatar - with a total contract value of $4 billion. The project is being developed in the country's Bul Hanine oilfield by QatarEnergy.
ACCIONA has reached a major health, safety and environment (HSE) milestone in Qatar, recording 20 million safe man hours without a lost time injury (LTI) across its water operations in the country.
PlanRadar, a digital platform working with construction teams around the world, has identified six skills that are becoming increasingly important on the modern jobsite, helping professionals work more efficiently and adapt as construction becomes more digital.
Saudi-based Almoosa Health Company has awarded a major contract worth SAR781.7 million ($207 million) to BEC Arabia for the execution of mechanical and electrical works for a key hospital project in Al Khobar, in the kingdom's Eastern Province. The entire project is likely to be completed in two years.
Saudia Real Estate has signed an agreement with Jasara Program Management Company to establish a framework for collaboration in project development and delivery, supporting national development priorities and contributing to the objectives of Saudi Vision 2030.
Saudi-based Retal Urban Development has announced that it has secured approval from Capital Market Authority for boosting its capital to SAR555 million ($146.7 million). This 11% capital hike is aimed at acquiring a strategic 47.5% stake in Ajdan Real Estate Development Company.
Nemetschek Arabia is displaying how connected digital technologies can help organisations improve operational efficiency, enhance asset performance and support more sustainable outcomes.
Ras Al Khaimah's property market continued to attract investment during the first half, supported by demand for residential and tourism-related assets and a growing pipeline of major developments. Apartment sale prices rose about 18% year-on-year to AED2,298 per square foot, while villa prices increased 7.3%, said a report.
Leading project management executives and industry experts from around the world are in Riyadh for the fifth edition of the Global Project Management Forum (GPMF 2026) where they will get to share international best practices and exchange expertise aimed at improving project delivery.
