Construction & Real Estate

Construction & Real Estate

Saudi Arabia allows exemptions to Regional HQ rule for government contracts

Mon, 23 Feb 2026

In a major move, Saudi Arabia has allowed limited exemptions to its regional HQ rule, permitting government entities to sign contracts with international companies which do not have a base in the kingdom, said a report. This directive applies to all government agencies, funds and their affiliated bodies.

Construction & Real Estate

SSH named lead consultant for key phase of Madinat Al Irfan Business Park

Mon, 23 Feb 2026

SSH, one of the leading masterplanning, infrastructure and project management firms in the Middle East, has been awarded the lead design and construction supervision consultancy contract for the third phase of the Madinat Al Irfan Business Park project in Muscat, Sultanate of Oman.

Construction & Real Estate

Combined Group Contracting wins $252m Kuwait Oil Company deals

Mon, 23 Feb 2026

Combined Group Contracting Company (CGC), a specialist in the construction of residential and commercial as well as roads and oil and gas projects, has secured contracts worth KD77.3 million ($252 million) from Kuwait Oil Company for the construction of flowlines and associated works.

Construction & Real Estate

Arada awards $422m contract for Dubai luxury waterfront destination

Mon, 23 Feb 2026

Leading UAE developer Arada has awarded the main construction contract worth AED1.55 billion ($422 million) to Engineering Contracting Company for its W Residences at Dubai Harbour project. The scope of work includes development of 490 luxury branded residences across three towers and other amenities.

Construction & Real Estate

Safe Dubai 2026 signals new era of structured infrastructure monitoring

Sun, 22 Feb 2026

Senior infrastructure leaders, regulators, consultants and technology experts from across the Middle East were in Dubai for a major forum - Safe Dubai 2026 - to accelerate the region’s shift toward a more structured and unified infrastructure intelligence ecosystem.

Construction & Real Estate

Saudi Arabia, UN working towards new national urban policy

Sun, 22 Feb 2026

Saudi housing ministry, in partnership with United Nations Development Programme and UN-Habitat, aims to set up the National Urban Policy that can serve as a cohesive framework linking economic diversification, housing, infrastructure and environmental sustainability across cities and regions in the kingdom.

Construction & Real Estate

RTA awards contract for key phase of Hessa Street project

Sun, 22 Feb 2026

Dubai's Roads and Transport Authority (RTA) has awarded the contract for Phase II of Hessa Street project spanning a 3-km-long corridor. The scope of work includes upgradation of three major intersections by constructing 8,835-m bridges and a 480-m tunnel in addition to dedicated cycling and e-scooter tracks.

Construction & Real Estate

Kuwait's real estate transactions surge to $15bn in FY 2025

Sun, 22 Feb 2026

The volume of real estate transactions in Kuwait witnessed a remarkable growth for FY 2025 surging to hit KD4.58 billion ($15 billion) distributed over 6,086 transactions, compared to about KD3.73 billion resulting from 4,950 transactions the year before, according to a new report.

Construction & Real Estate

Oman awards $86m tenders for development projects

Sat, 21 Feb 2026

Oman has approved a range of tenders worth a total RO33 million ($86 million) aimed at advancing developmental projects across multiple sectors in the sultanate. These include construction of two flood protection dams in Wadi Al Ansab and Salalah road tunnel project, said a report.

Construction & Real Estate

Saudi Arabia spearheading regional green building sector growth

Sat, 21 Feb 2026

Saudi Arabia has emerged as a regional leader in green building sector, achieving the highest performance score of 76.3 points and clocking 1.03 million sq m of certified areas. This shift is backed by a robust network of 7,300 experts and a cumulative portfolio of 6,662 projects.