Construction

Construction & Real Estate

Ajman launches 'automatic issuance' of villa building permits

Thu, 12 Feb 2026

The tiny northern emirate of Ajman has launched an automated mechanism for issuing residential villa building permits for UAE nationals via five-star-rated engineering offices, as part of its efforts to accelerate construction procedures and improve the quality of engineering outputs.

Construction & Real Estate

ALEC Holdings revenue up 56% to $3.43bn; net profit nearly doubles

Wed, 11 Feb 2026

ALEC Holdings, a market-leading diversified engineering and construction group, delivered a record set of results in FY 2025, with revenue rising 56% YoY to AED12.6 billion ($3.43 billion), underpinned by strong conversion of the order book and disciplined execution across the group’s diversified platform.

Construction & Real Estate

Nemetschek partners with Prince Sultan University to boost AEC innovation

Tue, 10 Feb 2026

Nemetschek, a leading software providers for the architecture, engineering, construction and operations (AEC/O) industry, has entered into a partnership with Saudi-based Prince Sultan University to support the development of future-ready talent and accelerate innovation across the kingdom.

Construction & Real Estate

Abu Dhabi construction sector grows 13.9% in Q3 2025

Tue, 10 Feb 2026

Abu Dhabi's construction sector recorded one of the strongest performances in Q3 2025, growing by 13.9 per cent year-on-year and contributing 9.4 per cent to Abu Dhabi’s GDP, with a value added of AED30.5 billion ($8.3 billion).

Finance & Capital Market

Abu Dhabi economy grows 7.7% Q3 2025

Tue, 10 Feb 2026

Abu Dhabi’s economy expanded by 7.7 percent in the third quarter of 2025 (July to September) compared to the same period in 2024, reaching its highest quarterly value on record at AED325.7 billion ($88.69 billion).

Construction & Real Estate

Summit highlights $2 trillion pipeline reshaping Saudi Arabia's built environment

Tue, 09 Dec 2025

The 19th Real Estate Development Summit Saudi Arabia – Luxury Edition ended on a successful note with global experts showcasing the unprecedented transformation underway across the kingdom buoyed by the $2 trillion real estate and construction pipeline.

Construction & Real Estate

Azizi's Riviera Beachfront I project on track for year-end completion

Mon, 08 Dec 2025

UAE-based Azizi Developments has announced steady progress on its premium project - Beachfront I - located within its French Mediterranean-inspired waterfront community Azizi Riviera in Dubai with completion targeted by the end of December.

Construction & Real Estate

Dar wins consultancy contract for Kuwait wastewater project

Sun, 07 Dec 2025

Dar, one of the world’s leading consultancies, has secured a major contract to provide design review and construction supervision services for the transformational South Al Mutlaa Wastewater Treatment Plant (WWTP) in Kuwait along with related works.

Construction & Real Estate

Arada awards $735m contracts for Sharjah’s woodland megaproject

Thu, 04 Dec 2025

UAE developer Arada has awarded AED2.7 billion ($735 million) contracts for Masaar 2, a forested megaproject in Sharjah. The scope of work includes construction of 1,997 homes across four phases as well as complete design and supervision work.

Construction & Real Estate

Bombardier's hitech Abu Dhabi facility set for 2026 launch

Wed, 03 Dec 2025

Bombardier has announced that work is moving at a steady pace on its flagship 120,000-sq-ft service centre coming up at the Al Bateen Executive Airport. With the structural framework of the main building and hangar now rising, the key facility is on track to open in H2 2026.