Nabni Developments has officially begun work on its newest residential project - Nabni Avenue 7 - located in Dubai’s Al Furjan district. Due for handover in August 2027, the 12-storey mid-rise building features 166 apartments with a mix of one- to three-bedroom units.
Metito Utilities has announced that its consortium - with key partners Etihad Water and Electricity (EtihadWE), and SkyBridge - has secured the contract for the development of the Hadda Independent Sewage Treatment Plant (ISTP) project in the Makkah Province.
TownX, one of Dubai’s fastest-growing real estate developers, has announced a significant milestone in the construction of its flagship development Ashley Hills located in the heart of Arjan community with over 40% project work already completed.
Union Properties has officially broken ground on its flagship AED2 billion ($544 million) project - Mirdad - being set up in Dubai Motor City. Spanning 356,931 sq ft, it will feature a total of 1,087 residential units along with premium amenities.
Dubai-based Mashriq Elite Real Estate Developments has broken ground on its fifth residential project - Floarea Skies - in Jumeirah Village Circle (JVC). The 23-floor development will feature 192 residences with a mix of studios, one and two-bedroom units.
Aldar, a leading developer in the region, has reported a nine-month net profit before tax of AED6.8 billion ($1.85 billion), up 43% year-on-year (YoY), while net profit after tax rose 30% YoY to AED6 billion ($1.633 billion).
Omani authorities have announced the launch of a tender for the construction of a 30.8-km-long road network within the Special Economic Zone at Duqm (Sezad). The project covers several residential areas and the light and medium industries zone across seven sub-plans.
Dubai’s Roads and Transport Authority (RTA) has announced that steady progress is being made on its Oud Maitha Road and Al Asayel Street Development Project with 60% work already completed. The scope of work includes development of four major intersections, featuring bridges and 14-km-long roads.
Parsons Corporation has secured the infrastructure lead design consultancy contract from Saudi PIF-owned New Murabba Development Company for its mega project in the kingdom. The scope of work includes provision of design and construction technical support for New Murabba project.
