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).
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).
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.
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.
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.
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.
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.
UAE-based Azizi Developments has announced that work is in full swing on its premium project - Rêve - located within Phase IV of its French Mediterranean-inspired waterfront community Riviera in Dubai - with the project now achieving 65% construction milestone.
Riyadh's real estate market is undergoing profound transformation, driven by strategic shifts and Vision 2030 acceleration buoyed by the $22 billion metro; the 2.7 GW data centre pipeline and the $100 billion construction market, according to leading property expert JLL.
Kuwait has awarded an infrastructure contract worth KD77.7 million ($253 million) to Khalid Ali Al Kharafi & Brothers for its Shuwaikh Water Distribution Complex. The scope of work includes the construction, maintenance, and development of the existing facility.
