Construction & Real Estate

Construction & Real Estate

HUMAIN, DataVolt to develop 100MW of NEOM AI Data Center

Tue, 01 Sep 2026

HUMAIN and DataVolt will develop 100MW of a 360MW AI-ready data center at Oxagon, the industrial city on the Red Sea coast in NEOM.

Construction & Real Estate

Big 5 Construct Saudi brings together construction, project leaders

Mon, 31 Aug 2026

Big 5 Construct Saudi, which kicked off at Riyadh Front Exhibition & Conference Center on Monday, will feature in-depth technical discussions, product showcases and opportunities for industry professionals to connect with suppliers, project stakeholders and experts from across the ecosystem during the next two days.

Construction & Real Estate

Arabian Drilling signs $800m five-year contract with SLB for 11 gas rigs

Mon, 31 Aug 2026

Saudi Arabia’s Arabian Drilling Company has signed a new five-year contract worth approximately SAR3 billion ($800 million) with SLB for the provision of 11 land rigs for gas-related lump-sum turnkey (LSTK) operations.

Construction & Real Estate

Saudi Arabia homeownership rises to 66.24%, exceeds target

Mon, 31 Aug 2026

Saudi Arabia reached a significant homeownership milestone in 2025, with the national rate rising to 66.24%, exceeding the annual target of 65% and moving closer to the Saudi Vision 2030 target of 70%.

Construction & Real Estate

Nikki Bisiker Design Studio unveils African inspired luxury villa in Tilal Al Ghaf

Mon, 31 Aug 2026

Nikki Bisiker Design Studio has completed the design of a new Elysian Mansion villa in Tilal Al Ghaf in Dubai, with the project now into the interior execution phase.

Construction & Real Estate

Acwa, Veolia team up to cut desalination energy costs

Mon, 31 Aug 2026

Saudi-listed Acwa has signed an MoU with Veolia in Paris to optimise seawater desalination, combining technical expertise to improve SWRO plant design, operations and equipment selection while reducing energy consumption.

Construction & Real Estate

Al-Futtaim Contracting launches FM, fire & life safety units at Big 5 Construct Saudi

Mon, 31 Aug 2026

Al-Futtaim Contracting has announced the launch of its facilities management and fire and life safety operations in Saudi Arabia at Big 5 Construct Saudi, strengthening its specialist capabilities in the Kingdom.

Construction & Real Estate

Saudi Arabia breaks ground on new Westin Abha tourism project

Mon, 31 Aug 2026

Aseer Governor Prince Turki bin Talal laid the foundation stone for the “Westin Abha” project, spanning more than 153,000 square metres and featuring 330 hotel units, 52 villas and chalets, and 78 residential units, in a bid to strengthen the region’s tourism sector.

Construction & Real Estate

DEWA deploys world-first X-ray technology as it advances distribution network

Mon, 31 Aug 2026

Dubai Electricity and Water Authority (DEWA) is deploying artificial intelligence, advanced analytics and a world-first X-ray inspection technology as it moves to make Dubai’s electricity distribution network more predictive, reliable and resilient.

Construction & Real Estate

FNRC, JSW Cement agree to set up new 1.65 MTPA cement grinding unit

Mon, 31 Aug 2026

The Fujairah Natural Resources Corporation (FNRC) and JSW Cement signed a contract to establish and operate a new cement grinding unit in Al Tawyeen with an annual production capacity of 1.65 million tonnes per annum (MTPA).