Construction & Real Estate

Construction & Real Estate

MIS signs MoU to explore development of three new Saudi data centres

Thu, 23 Jul 2026

Saudi Arabia's Al Moammar Information Systems Company (MIS) has signed a memorandum of understanding (MoU) with Saudi Fransi Capital, acting on behalf of Saudi Data Center Fund 1, to study the development of three additional data centres across Saudi Arabia.

Construction & Real Estate

Saudi PIF unit sets up sports infrastructure venture with Live Nation, Oak View

Thu, 23 Jul 2026

SURJ Sports Investment, a Saudi PIF company, together with Live Nation and Oak View Group (OVG), has announced the launch of radia, a joint venture to support the growth of the kingdom’s sports infrastructure - including venue management, operations, activations and commercialisation.

Construction & Real Estate

Roshn unveils curated collection of villas in Sedra community

Thu, 23 Jul 2026

Roshn Group has unveiled the first curated collection of villas within its Sedra community in Riyadh, with show villas introducing new and exclusive designs. These are available in four- and five-bedroom configurations, catering to the needs of a wide range of families.

Construction & Real Estate

Etihad Rail to open two Al Dhafra passenger stations ahead of schedule

Thu, 23 Jul 2026

Etihad Rail, the developer and operator of the UAE's national railway network, has announced plans to open the Madinat Zayed and Liwa passenger stations on November 30, one month ahead of schedule, aligning with the start of the events and festivals season in the Al Dhafra Region of Abu Dhabi.

Construction & Real Estate

Alef sells out first phase of $1.1bn Sharjah waterfront development

Wed, 22 Jul 2026

UAE-based Alef Group has announced the successful sell-out of Phase One of Linar, a AED4 billion ($1.1 billion) waterfront residential development in Al Mamzar comprising Towers A, B and C. Following exceptionally strong demand, Alef has now released Towers D and E for sale.

Construction & Real Estate

Dubai commercial property sales jump 183pc in H1, says report

Wed, 22 Jul 2026

Dubai's commercial property market recorded its strongest H1 performance in 2026, with sales up 183% over last year. The commercial property sales, including offices and retail units, surged to AED19.5 billion ($5.3 billion) through 3,415 deals in the first six months, said a top brokerage.

Construction & Real Estate

DP World in deal to develop two multipurpose container ports in Fujairah

Wed, 22 Jul 2026

DP World has announced that it has entered into a 50-year concession agreement to develop two multipurpose container ports in Fujairah. Once operational, the development will boost DP World's total container handling capacity in the UAE to almost 22 million TEUs from 19.4 million TEUs.

Construction & Real Estate

East Pipes signs deal to acquire material handling equipment

Wed, 22 Jul 2026

East Pipes Integrated Company for Industry has announced that it had signed agreements with selected suppliers such as Saudi Liebherr and US-based Vaccuworx, a leading provider of vacuum lifting equipment for a number of industries, to acquire strategic material handling assets.

Construction & Real Estate

Aramco project Ithra gets Platinum Leed certification

Wed, 22 Jul 2026

King Abdulaziz Center for World Culture (Ithra), an initiative of Saudi oil giant Aramco, has obtained platinum certification for the Leadership in Energy and Environmental Design (LEED) in the Operations and Maintenance category from the US Green Building Council (USGBC).

Construction & Real Estate

Havelock One Interior wins Kuwait mall interior renovation contract

Wed, 22 Jul 2026

Havelock One Interiors, a leading fit-out contractor in the GCC, has announced that it has been appointed by Kuwait-based Tamdeen Group to deliver the interior renovation of its key retail destination 360 Mall at Al Zahra. The entire revamp programme will be delivered in four phases.