Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio.
Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Oman has awarded RO114 ($296 million) project development tenders for the first half of the year. These include big-ticket projects such as the third package of Al Batinah Expressway; the construction of Al Jabal Al Abyad Road as well as Sultan Taimur bin Faisal Road dual carriageway.
Dubai’s Roads and Transport Authority (RTA) has signed a co-operation agreement with Jafza to advance regulatory integration in support of regulation of roads. The pact aligns with Dubai’s vision and strategic objectives to enhance road safety and ensure the delivery of development projects as per global standards.
The current pace of launches have put Dubai on track for one of its biggest real estate years in history with the value of prospect and new development projects across the emirate since the beginning of 2026 surging to more than AED275 billion ($75 billion), said a report.
Dubai Electricity and Water Authority said it has set up a new wholly-owned independent subsidiary - Dewa International - for developing conventional and clean energy projects worldwide and exporting the emirate's successful energy and water infrastructure model to global markets.
Modon Holding, an Abu Dhabi-based company with key interests in real estate, hospitality and tourism sectors, said it aims to develop premium infrastructure projects in Al Dhafra Region of the emirate and create integrated urban environments that support economic and social growth in the region.
Adnoc has confirmed it is accelerating growth and delivery of its strategy with AED200 billion ($55 billion) in new project awards for 2026-2028. The planned project awards reinforce delivery of Adnoc’s five-year capital expenditure (Capex) plan approved by its Board of Directors last year.
Qatar's government tenders and bids achieved a total value of QR8.6 billion ($2.35 billion) during the first quarter of 2026, according to a Ministry of Finance (MOF) has announced.
Emaar Properties delivered a strong start to the year 2026, supported by sustained demand across its core segments. In Q1 2026, Emaar’s revenue increased by 23 percent, while EBITDA grew faster at 34 percent, reflecting operating leverage, portfolio quality, and sustained cost discipline.
