Construction & Real Estate

Construction & Real Estate

AI set to reshape water infrastructure management, says industry expert

Tue, 21 Jul 2026

Artificial Intelligence (AI) is poised to reshape water and waste water infrastructure management globally as utilities adopt autonomous AI agents to analyse operational data and support real-time decision-making, but human oversight will remain essential, said an industry expert.

Construction & Real Estate

Talal Group breaks ground on $40.84m distribution centre at Dubai Industrial City

Tue, 21 Jul 2026

Talal Group, one of the UAE's most diversified business groups spanning retail, trading, food and beverage, manufacturing, and services, has broken ground on a new Central Distribution Centre at Dubai Industrial City, the region’s leading manufacturing and logistics hub and part of TECOM Group.

Construction & Real Estate

Arada awards key contracts for 5,000-home London waterfront development

Tue, 21 Jul 2026

Leading master developer Arada has announced that it has awarded leading architecture firm Gensler, global built environment consultancy Arup and landscape architects Planit for the first phase of Thameside West, a 5,000-home waterfront development in East London.

Construction & Real Estate

Empower building new 23,400 RT district cooling plant in Dubai

Tue, 21 Jul 2026

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has awarded a contract for the construction of a new district cooling plant in the Al Sufouh 2 area in Dubai with a cooling capacity of 23,400 refrigeration tons (RT).

Construction & Real Estate

ECC Contracting celebrates record quarter with $1.29bn project awards

Tue, 21 Jul 2026

ECC Contracting has announced the strongest project acquisition quarter in its history, securing three major construction contracts across Dubai with a combined value of AED4.73 billion ($1.29 billion) in the second quarter of this year.

Construction & Real Estate

AtkinsRéalis named lead design, supervision consultant for Sphere Abu Dhabi

Mon, 20 Jul 2026

AtkinsRéalis has announced that it has been appointed as lead multidisciplinary design and supervision consultant for UAE’s ambitious Sphere Abu Dhabi project, responsible for overall design co-ordination across architecture, structural engineering and specialist immersive technologies.

Construction & Real Estate

Knowledge Economic City in deal to develop $359m mixed-use project

Mon, 20 Jul 2026

Knowledge Economic City (KEC) has signed an agreement with Saudi group Alrashid Properties to develop a premium mixed-use project - the Multaqa Residences - in Madinah on a 149,520 sq m area. The SAR1.35 billion ($359 million) project will boast branded residences as well as retail and hospitality assets.

Construction & Real Estate

Dubai's luxury off-plan homes bring $1.01bn June sales

Mon, 20 Jul 2026

The Dubai luxury real estate market continued to attract a steady flow of investment in June, with developers generating sales transactions worth AED3.72 billion ($1.01 billion) for off-plan homes priced above AED5 million.

Construction & Real Estate

Sobha Realty set to deliver more than 6,800 units this year

Mon, 20 Jul 2026

Sobha Realty, a leading global luxury real estate developer in UAE, has announced plans to deliver more than 6,800 units across Dubai this year, representing a total sales value of AED21.6 billion ($5.8 billion). The handover pipeline represents its largest annual delivery to date.

Construction & Real Estate

Binladin Contracting emerges lowest bidder for Hassyan SWRO Phase 2 project

Mon, 20 Jul 2026

Dubai Electricity and Water Authority (Dewa) has announced that it has received bids from eight leading contractors for the Hassyan Seawater Reverse Osmosis Phase 2 desalination project, with Binladin Contracting Group emerging as the lowest bidder.