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.
Saipem, a global leader in the engineering and construction of key energy projects, has announced that it has secured an EPCI contract worth $3.1 billion from QatarEnergy LNG for the Comp5 package of its North Field NFPS Offshore Compression Complexes project.
Leading developer Mered has appointed NSCC International as the enabling works contractor for Riviera Residences, its landmark waterfront development on Al Reem Island in Abu Dhabi featuring more than 400 apartments, 12 exclusive villas and a penthouse.
Dar Global, the London-listed luxury real estate developer, has officially awarded the main works contract for SAR2 billion ($531 million) Trump Tower Jeddah to Arabian Construction Company, following the completion of the enabling and foundation works.
UAE-based Empire Developments has signed up Sinyar Al Khaleej Contracting for its mid-rise residential complex, Empire Livings, in Dubai Science Park. Set for handover in Q2 2027, the project will deliver 202 residences as well as modern retail spaces.
Meraas, a member of Dubai Holding Real Estate, has awarded a AED440 million ($120 million) contract for the development of the City Walk Northline project. The scope of work includes the construction of three premium residential buildings, which is set for completion in Q3 2027.
GCC project contract awards fell sharply in the third quarter of 2026 as the economic impact of the region’s prolonged geopolitical turmoil weighed on activity, although awards for the first nine months of the year rose 2.5% over the same period last year to hit $204.1 billion, said a report.
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.
Dubai-based Ellington Properties has announced that it has awarded a contract worth more than AED1 billion ($272 million) to China Railway 18th Bureau Group for its prime mixed-use development - Mercer House - located in Uptown Dubai.
Saudi-based MSGA Investment Company has signed an agreement with the kingdom's Developmental Housing Foundation (Sakan) for the sale of residential units within its premium project - MSGA 30 project - at Al Safa district in Riyadh.
