Construction

Construction & Real Estate Energy, Oil & Gas Industry, Logistics & Shipping

Empower starts construction of its second district cooling plant in JVC

Wed, 22 Oct 2025

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).

Construction & Real Estate

Damac expands offsite manufacturing with new 17,000-sqm factory

Wed, 21 Oct 2026

UAE-based Damac Properties is investing in offsite manufacturing to speed up construction and improve quality and efficiency. Through its offsite manufacturing division, the Dubai developer is setting up a multi-line factory spanning more than 17,000 sq m to produce X-Panel systems and smart building solutions.

Construction & Real Estate

Global construction activity to surge over 70pc by 2050, says report

Tue, 20 Oct 2026

Global construction activity is forecast to rise more than 70% by 2050, reaching $16.6 trillion, mainly driven by five megatrends: population growth and urbanisation; infrastructure and housing deficits; climate adaptation; sovereignty and strategic resilience; and high-tech infrastructure, said a report.

Construction & Real Estate Finance & Capital Market

Al Masraf seals project financing deal with Innovo Group

Mon, 19 Oct 2026

Al Masraf (Arab Bank for Investment & Foreign Trade) has announced that it has inked a major project financing deal with Innovo Group, an industry leader in construction and development across the built environment. This funding will help Innovo in delivering a significant project.

Construction & Real Estate Industry, Logistics & Shipping

Forbes unveils Middle East sustainability leaders list for 2026

Sun, 18 Oct 2026

Forbes has unveiled the fourth edition of its annual ranking - The Middle East’s Sustainability Leaders 2026 - recognising 145 executives advancing the region’s transition to a more low-carbon economy. The list spans 17 key sectors including real estate and construction, oil and gas, banks, logistics and tourism.

Construction & Real Estate Energy, Oil & Gas Industry, Logistics & Shipping

Top construction expos Saudi Build, Elenex postponed to next year

Sun, 18 Oct 2026

Two of the major events in the Saudi construction sector - the 36th edition of Saudi Build and the 27th edition of Saudi Elenex - originally scheduled to be held from November 2 to 5 in the capital Riyadh have been postponed to next year due to the ongoing Middle East tensions.

Construction & Real Estate

Qatar awards $304m roads and infrastructure works contract

Sat, 18 Oct 2025

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.

Construction & Real Estate Education, HR & Training Industry, Logistics & Shipping

L&T in deal to develop Saudi renewable energy talent

Sat, 17 Oct 2026

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.

Construction & Real Estate

Saudi Arabia accelerates housing, rail and metro expansion

Tue, 13 Oct 2026

Saudi Arabia is accelerating its housing, transport and urban development programmes, with more than 63,000 Saudi families becoming first-time homeowners in the first half of 2026 and Riyadh advancing a wide range of infrastructure projects aimed at improving mobility, expanding residential options and supporting the capital’s long-term growth.

Construction & Real Estate

BI Group teams up with Citic Contracting for prime Dubai projects

Tue, 13 Oct 2026

BI Group has signed a deal with Citic Middle East Contracting, the UAE subsidiary of Chinese group Citic Construction, to collaborate on the construction of three real estate developments in Dubai - all coming up in Meydan Horizon. As per the deal, Citic will be the main construction contractor across all three projects.