Construction & Real Estate

Construction & Real Estate

Meraas kicks off ground work at Dubai Design District residential tower

Thu, 13 Aug 2026

Leading Dubai developer Meraas has awarded the ground works contract to International Foundation Group for its landmark 45-storey residential project - Atélis at d3 - located within the Dubai Design District. The contract covers comprehensive site preparation, excavation and shoring and piling works.

Construction & Real Estate

New venture to deliver rapidly deployable desal, water-treatment systems

Thu, 13 Aug 2026

A new clean-water infrastructure venture designed to deliver rapidly deployable water-treatment and desalination systems has been launched by the founder of Abu Dhabi-based Kinetic7 Technologies.

Construction & Real Estate

ADNOC Gas awards $8.2bn EPC contracts for Habshan complex project

Thu, 13 Aug 2026

Abu Dhabi National Oil Company has announced that one of its key units, ADNOC Gas has awarded engineering, procurement and construction (EPC) contracts worth $8.2 billion for the next phase of its Rich Gas Development (RGD) project at the Habshan complex in the UAE capital.

Construction & Real Estate

Daikin launches its new-look experience centre in Dubai

Thu, 13 Aug 2026

Daikin Middle East & Africa, a global leader in heating, ventilation, air-conditioning and refrigeration (HVAC-R) solutions, has officially unveiled its newly renovated experience centre, at its regional headquarters in Jebel Ali, Dubai.

Construction & Real Estate

The Space 14 Estate launches new warehousing development in DIP 2

Thu, 13 Aug 2026

The Space 14 Estate has announced the launch of a new warehousing and commercial development in Dubai Investments Park 2. The project, which comprises two buildings and 14 individual warehouse units connected by a 9-m-wide internal access road, is set for handover next year.

Construction & Real Estate

United Solar welcomes US push to bolster polysilicon supply chains

Wed, 12 Aug 2026

Oman-based United Solar welcomed the new US measures to strengthen its domestic polysilicon industry and improve the resilience of its semiconductor supply chain such as a $21-per-kg import price and price floors for polysilicon ingots and wafers, solar cells and solar modules.

Construction & Real Estate

Dewa posts record $3.8bn revenue in H1; net profit up 15pc

Wed, 12 Aug 2026

Dubai Electricity and Water Authority (Dewa) has announced that it has delivered solid results for the first-half netting AED14.8 billion ($3.8 billion) revenue, its highest ever in a six-month period, and a net profit of AED3.33 billion ($898 million), up 15% over the same period last year.

Construction & Real Estate

Madayn unveils plans to develop four new industrial cities in Oman

Wed, 12 Aug 2026

Oman's Public Establishment for Industrial Estates (Madayn) said it aims to develop four industrial cities in key governorates across the sultanate spanning a total area of 25.5 million sq m. This comes as part of its grand 11th Five-Year Development Plan for 2026-2030 period.

Construction & Real Estate

Acwa completes work on $8.5bn green hydrogen project at NEOM

Wed, 12 Aug 2026

A consortium of Saudi utility giant Acwa Power and US group Air Products has completed construction work on the $8.5-billion green hydrogen project at Oxagon within Saudi Arabia’s mega futuristic city NEOM, and commercial operations are set to begin next year, said a report.

Construction & Real Estate

Alkhorayef lands Al Khobar wastewater maintenance contract

Wed, 12 Aug 2026

Saudi-based Alkhorayef Water and Power Technologies Company said it has secured a three-year contract from the National Water Company to provide operation and maintenance services for water and wastewater facilities at Al Khobar in the kingdom's Eastern Province.