Leading Chinese firms are set to start work on a 130-km road linking Abha in Saudi Arabia’s Aseer province with Jazan, in a project valued at SAR19 billion ($5 billion), said a top Saudi official. The project scope includes construction of 26 bridges and tunnels as well as key infrastructure for multimodal transport systems.
Drake & Scull International, in a strategic partnership with luxury developer Prestige One Developments, has officially started work on the Majan Project. Located in one of Dubai's fastest-growing districts, the Majan Project is set for completion in the first quarter of 2028.
Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.
Bahraini authorities said a new waterfront project designed with families in mind is taking shape in the Northern Governorate and is set to provide residents with free access to diverse leisure amenities when it opens next year, said a report.
Dubai-based Tiger Properties is gearing up for the official handover of its premium project - Sesilia Tower - located in Jumeirah Village Triangle (JVT). A 37-storey residential building, Sesilia features 360 apartments with a mix of studios, one-and two-bedroom units as well as other key amenities.
Elsewedy Electric Power Systems Projects said it is implementing a portfolio of six high voltage power substations across various the kingdom in collaboration with Saudi Electricity Company and National Grid Company. These projects have a voltage levels ranging between 110 and 115 kilovolts.
Oman has awarded contracts worth RO186.3 million ($483 million) for two key infrastructure development projects - the Muscat Expressway Expansion and the Ibra Road Dualisation. The scope of work includes construction of independent two-lane flyovers as well as key road expansion.
Diriyah Company has awarded SAR2.5 billion ($666 million) contract for the implementation of the Pendry Superblock Package within its giga project in Saudi capital Riyadh. The scope of work includes construction of the Pendry Hotel as well as premium residential and commercial assets spanning over a 75,000 sq m area.
The King Salman Park Foundation has awarded a major development contract for a mixed-use district being set up in Riyadh’s King Salman Park to a consortium led by Kolaghassi Development Company. The premium Metro-linked district is being developed at an investment of SAR11 billion ($3 billion).
Abu Dhabi-based Nord Real Estate Development has announced the launch of its mixed-use development, Novayas, in the heart of Yas Island. Designed as a refined urban sanctuary with a dedicated retail space, it features 96 apartments with a mix of studios and one- to three-bedroom units.
