The UAE’s construction sector is set to continue its upward trajectory over the coming years with the market set to hit AED614.4 billion ($167.2 billion) by 2031, mainly driven by PPP investment, urban development, infrastructure projects and demand across residential, hospitality and logistics sectors, said a report.
The total value of projects planned or underway across Saudi Arabia reached $2.07 trillion in H1 2026, highlighting the scale of the Kingdom’s long-term development ambitions under Vision 2030, according to Knight Frank’s latest Saudi Arabia Construction Landscape Review.
Saudi utility giant Acwa Power has announced the financial close of the SAR9.69 billion ($2.5 billion) Rabigh 2 IPP Expansion Project, a 2,313MW combined-cycle power plant in the kingdom’s Western Province.
Parsons Corp has secured a key design and construction supervision contract from Diriyah Company for Phase II of its mega project in Riyadh. The scope of work includes the delivery of a series of neighbourhood parks and over 55km of streetscape.
Construction across the Gulf continues to set global benchmarks for speed, scale, and ambition. And the region’s shift toward smart cities and data-centric infrastructure is introducing a new measure of success: how well a building communicates.
Construction across the Gulf continues to set global benchmarks for speed, scale, and ambition. And the region’s shift toward smart cities and data-centric infrastructure is introducing a new measure of success: how well a building communicates.
Kuwait has awarded a KD149 million ($488 million) contract to Turkish construction company Kuzu Group to build a wastewater treatment plant with a total 400,000 cu m per day capacity for the South Al Mutlaa city project.
Emirates Central Cooling Systems Corporation (Empower) has announced that it has started work on its second district cooling plant in Jumeirah Village Circle, which on completion, will have a production capacity of 37,000 refrigeration tonnes (RT).
Qatar's Public Works Authority (Ashghal) said it has begun implementing the roads and infrastructure development project in the West Umm Salal Mohammed area, at a total investment of QR1 billion ($270 million) as part of its comprehensive plan to develop infrastructure services across the country.
Indian construction and engineering conglomerate Larsen & Toubro (L&T) has signed an agreement with Onaizah Colleges to prepare Saudi students for careers in renewable energy, supporting the kingdom’s energy transition and its Vision 2030 goal of developing a skilled national workforce.
