Abu Dhabi’s residential property sales values climbed 178% year-on-year to reach AED67.8 billion ($18.46 billion) in H1 2026, says leading real estate advisory and property consultancy, Cavendish Maxwell.
Dubai saw a 37.4% year-on-year increase during the first half of this year in the number of licensed buildings, reflecting continued momentum in urban development and sustained confidence in Dubai’s real estate market, according to Arabian Gulf Properties.
The UAE real estate market continues to evolve towards a more balanced phase following an extended period of exceptionally strong growth, supported by market fundamentals, ongoing investment and economic diversification initiatives, says a Colliers report.
The International Code Council (ICC) will facilitate industry professionals better understand the regulatory landscape and navigate the practical requirements of the Saudi Building Code (SBC) during its participation as an exhibitor at Big 5 Construct Saudi 2026.
McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract from Adnoc for Package 4 of the Umm Shaif Integrated Gas Cap and Surface Pressure Boosting Project.
Strong investor confidence, a strategic realignment of regional trade flows, and sustained momentum toward Vision 2030’s industrial diversification goals have reinforced Saudi Arabia’s position as a critical and resilient logistics hub, according to a JLL report.
Amali Properties, an ultra-luxury property developer based in Dubai and co-founded by Ali and Amira Sajwani, announced that the AED220 million ($59.9 million) sale of Villa Avatea at Amali Island, The World Islands, ranks among Dubai’s top residential property transactions of 2026.
VA Tech Wabag, a leading pure-play multinational water technology group, has secured the design, build, operate (DBO) contract for the Doha SWRO Desalination Plant with Recarbonation System – Stage II in Kuwait.
Wynn Al Marjan Island, a much-anticipated destination resort located in Ras Al Khaimah, today announced Townhomes, one of the resort's most exclusive accommodation offerings, located within Enclave, Wynn Al Marjan Island's boutique hotel.
The Saudi Ports Authority (Mawani) announced the signing of an agreement between Red Sea Gateway Terminal (RSGT) and French shipping group CMA CGM to develop and operate the fourth container terminal at Jeddah Islamic Port, with an investment of approximately SAR1.6 billion.
