Oman’s construction sector is poised for growth, supported by a pipeline of projects worth $120 billion through 2030 spanning infrastructure, tourism and industrial development, with the sector’s investment opportunities set to be highlighted at Project Oman 2026 in Muscat this November.
The global AI boom will need to generate about $6 trillion in annual revenue by 2031 to justify the massive investment in infrastructure needed to power the technology, according to Bain & Company’s seventh annual Global Technology Report.
Dubai’s Roads and Transport Authority has announced the completion of traffic expansion works on Al Warqa’a 1 Street, covering a total length of 7 km in both directions. The scope of works included conversion of four roundabouts into smart signalised intersections.
The Kingdom of Saudi Arabia has ranked first worldwide in the Road Network Connectivity Index, and also ranked fourth among G20 countries in the Road Infrastructure Quality Index, thus reflecting the continuous development of the road sector, said a report.
Work is nearing completion on Jumeirah Beach 1 project, a fully integrated coastal destination in Dubai featuring modern recreational and sports facilities including dedicated pedestrian, cycling and jogging paths. It is set to reopen to the public next month following revamp.
Work is in full swing on the Bahrain International Airport Roads Development Project aimed at improving traffic flow on key routes leading to the newly-expanded airport. The scope of work includes construction of a two-lane bridge on Khalifa Al Kabeer Avenue as well as widening of Arad Highway, said a report.
Bentley Systems, the infrastructure engineering software company, has announced the acquisitions of Talon Aerolytics and Pointivo, in a move aimed at boosting its asset analytics portfolio, which applies digital twins and AI to help owner-operators improve asset performance and resilience across infrastructure sectors.
Oman’s Tender Board has approved a major portfolio of government contracts and project amendments worth more than RO363 million ($941 million) for 2025. The key infrastructure projects in the list include Mouj Road as well as duplication of Al Rub'Al Khali and Al Ma'murah Road.
Dubai’s Roads and Transport Authority has completed the package of infrastructure projects in Al Quoz Creative Zone in a bid to enhance its soft mobility and transport integration. The work includes construction of a 45-m pedestrian and cycling bridge as well as 4 km of dedicated walking and cycling tracks.
Tabreed, a global leader in energy-efficient district cooling and sustainable cooling infrastructure, has announced that it has signed up as a lead partner for the fourth edition of the Sustainability Forum Middle East (SFME), a major industry event being held this week in Bahrain.