Saudi Arabia awarded 25 projects in June 2026 — the highest monthly total during the year — valued at more than SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, the construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).
Qatar’s Public Works Authority (Ashghal) has announced that it has started work on the first package of the QAR688 million ($187 million) Izghawa & Al Thumaid Infrastructure Development Project aimed at delivering integrated infrastructure services for more than 650 residential plots in capital Doha.
UAE-based Azizi Developments has announced that nearly 80% of the construction work has been completed on Rêve - a premium project within its French Mediterranean-inspired waterfront community Riviera in Meydan, Dubai - and is on track for Q4 completion.
Bahrain-based Arabian Gulf University (AGU) has signed contracts for the King Abdullah Bin Abdulaziz Medical City project being set up at an investment of over $260 million near Durrat Al Bahrain development. The first phase of work is expected to be completed this year.
Saudi real estate developer Asas Makeen said it had signed an agreement with a fund managed by BLOM Invest Saudi Arabia to develop a 290-unit residential project on a 16,621-sq-m area within the Al Narjis district in Riyadh. The entire work will be completed in 18 months.
UAE-based ZāZEN Properties has announced that it has officially begun the handover phase of its community-focused project, ZāZEN Ivy, located within the Al Furjan development. Rising six storeys, ZāZEN Ivy is the company’s second LEED-certified property.
Leading Saudi developer Rikaz said its consortium comprising Aljada First Development and AlMajdiah Real Estate has been awarded a key contract to develop East Hindawiyah, a SAR2 billion ($533 million) mixed-use project coming up near the Grand Mosque in Makkah.
Saudi Holy Capital Municipality and National Center for Privatisation & PPP have launched the tender process for a key project on Prince Sultan bin Abdulaziz Road in Makkah. The scope of work includes development of 166,488-sq-m land on Al Hada Road under a build-own-operate-transfer (BOOT) model.
Royal Commission for Riyadh City (RCRC) is gearing up to launch a major urban cooling project in the Saudi capital that aims to reduce temperatures on roads, walls and other urban surfaces by up to 15°C, said a report. Top Greek consulting firm Planet has been signed up as the lead consultant for the project.
UAE developer GAF Property has announced that it is shaping a new residential experience in Abu Dhabi through its latest residential development, Flow 25, located on Reem Island. The project draws its design inspiration from the Ghaf tree, one of the UAE’s most iconic natural symbols.