Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Hassan Allam Holding, a leading engineering and construction company, said one of its key units has secured a contract from Modon Ras El Hekma to build a luxury hospitality and residential project - Montage Hotel and Branded Residences - at Ras El Hekma in Egypt’s North Coast.
UAE-based Tomorrow World Properties has officially appointed SKR Building and Contracting (SKR) as the main contractor for its new premium development, Tomorrow 166, located on Dubai Islands. The construction work is officially underway, with handover set for Q4 2027.
Saudi Arabia awarded 25 projects in June 2026 — the highest monthly total during the year — valued at more than SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, the construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).
Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities.
Dorsch Global, a major planning and consulting group based in Germany, has announced that its Saudi unit has been signed up as one of the construction supervision consultants for Expo 2030 Riyadh, one of the kingdom's most ambitious and globally significant projects.
NMDC Group, a global leader in integrated marine, energy, construction, logistics, and engineering solutions, today reported a 6% increase in revenues for the first half of 2026 (H1 2026), reaching AED14.1 billion ($3.84 billion), compared to AED13.4 billion in the same period last year.
Kuwait-based Combined Group Contracting has emerged as the lowest bidder for a KD160 million ($516 million) water treatment project in southern Kuwait. The scope of work for the winning bidder includes construction, operation and maintenance of the treated water facilities.
Al Seeb Real Estate Development has awarded the main construction contract for The Chedi Private Residences, a $200 million tower on Sheikh Zayed Road in Dubai. Set for completion in Q1 2029, the 117-unit residential tower features a mix of villas, duplexes and mansions.
Jeddah Tower, Saudi Arabia’s landmark mega-tall mixed-use tower, has achieved a major construction milestone reaching 430m this month. With a planned height of over 1,000m, the skyscraper, once completed, will become the first man-made structure in the world to reach a full kilometre.
