Abu Dhabi National Oil Company has signed a $2 billion green financing deal backed by Korea Trade Insurance Corporation (K-Sure) to fund lower carbon projects across its operations. This marks its first green financing facility backed by a Korean agency.
Acwa Power has announced that it has signed a co-operation framework with African Development Bank (AfDB) to significantly strengthen collaboration in the development and funding of power generation and water desalination projects worth up to $5 billion across Africa.
Refine, the UAE’s leading property development management company, has announced a new pipeline of developments in Dubai with a combined gross development value (GDV) exceeding AED18 billion ($4.9 billion).
ALUPCO, a leading building solutions provider in Saudi Arabia, has signed a strategic partnership agreement with Bahrain-based Al Hilal Stonework (AHS) to provide specialist stonework services for projects across the kingdom.
The Gulf countries have approved five joint industrial investment opportunities as part of an initiative to identify 20 projects across the GCC region, marking a step forward in efforts to deepen industrial integration and boost its manufacturing base, said a top official at the debut 'Made in GCC 2026' event in Bahrain.
A series of healthcare, educational, water and social projects have been inaugurated in Tajikistan and Kyrgyzstan, with a total value exceeding AED9 million ($2.45 million).
The total value of projects planned or underway across Saudi Arabia reached $2.07 trillion in H1 2026, highlighting the scale of the Kingdom’s long-term development ambitions under Vision 2030, according to Knight Frank’s latest Saudi Arabia Construction Landscape Review.
Oman’s Public Establishment for Industrial Estates (Madayn), has announced that its key affiliated unit - Raysut Industrial City - attracted nine new projects in the first half of 2026. The projects span key sectors including iron manufacturing, mining, food and services.
Leading Abu Dhabi developer Aldar has announced a series of develop-to-hold projects at Al Shamkha, Yas Island worth AED3.8 billion ($1.03 billion). These will add over 2,600 residential units to the emirate’s housing supply.
The Gulf Cooperation Council (GCC) is emerging as a major data centre growth market, with more than 174 active projects representing over $93 billion in investment. Artificial intelligence (AI), cloud computing and digital transformation are driving demand for new capacity, according to MEED.
