Sweid & Sweid, a Dubai-based real estate development and investment firm, has signed The Executive Centre (TEC) to operate over 53,000 sq ft of premium flexible workspace at Sweid One, introducing a high-quality serviced office offering in Jumeirah Lakes Towers (JLT) within the DMCC free zone.
Abu Dhabi is entering a pivotal phase in its real estate journey, emerging as one of the UAE’s most compelling destinations for both end users and investors heading into 2026.
MAG Group Holding plans to announce a new real estate project called ‘MAG Square’ within the next two weeks, with a market value of up to AED2 billion ($544.59 million), said Moafaq Ahmad Al Gaddah, Founder and Chairman of MAG Group Holding.
Tabreed, the world’s leading district cooling company, today announced that its Board of Directors has appointed Atef Mohamed Awadh AlBreiki as its new Chief Asset Management Officer with immediate effect.
Digital transformation and data-driven decision-making lead as priority areas, followed by climate resilience and improvements in project delivery, in a survey of more than 100 senior infrastructure leaders across Asia Pacific.
Georg Fischer (GF), a Swiss company dedicated to the manufacture, supply and marketing of thermoplastic piping systems, has announced the opening of its commercial office in Riyadh. With this move, GF aims to bring its global Flow Solutions expertise closer to its customers in Saudi Arabia.
Korea Electric Power Corporation (Kepco) has announced that it has secured contracts worth $1.4 billion from Saudi oil giant Aramco for the construction and operation of the second phase of the kingdom’s Jafurah cogeneration power plant which, on completion, will boast a 331MW capacity.
Dubai’s Roads and Transport Authority (RTA) has signed a co-operation agreement with Jafza to advance regulatory integration in support of regulation of roads. The pact aligns with Dubai’s vision and strategic objectives to enhance road safety and ensure the delivery of development projects as per global standards.
The temporary freeze on rents in Abu Dhabi has been implemented to create a predictable, people-centred residential environment where households and businesses can plan with confidence and security, said Abu Dhabi Real Estate Centre (ADREC) in a statement.
A consortium led by Abu Dhabi National Energy Company (Taqa) with Saudi group Aljomaih Energy and Water Company and China's Sembcorp Industries has secured the contract for the Taweelah combined cycle gas turbine (CCGT) project in Abu Dhabi with a 2.6GW capacity.
