Construction & Real Estate

Construction & Real Estate

Sdeira, Metal Park to co-develop customised staff accommodation community

Thu, 14 May 2026

Sdeira Group has signed a memorandum of understanding with Metal Park, the world’s first pay-as-you-go metals ecosystem located in KEZAD, to co-develop a customised staff accommodation community in KEZAD Al Mamourah A dedicated to Metal Park’s companies and the wider metals manufacturing and operations base.

Construction & Real Estate

GIP, L’IMAD, ADNOC, Temasek partnership eyes $30bn GCC infra investments

Thu, 14 May 2026

Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia.

Construction & Real Estate

$200bn projects underway in Abu Dhabi; 40,000 homes delivery by 2029

Thu, 14 May 2026

Abu Dhabi Projects and Infrastructure Centre (ADPIC) has confirmed that it is overseeing more than 500 capital projects across a broader programme value of $200 billion, with more than 40,000 homes set for delivery by 2029.

Construction & Real Estate

Abu Dhabi launches new unified infrastructure governance framework

Thu, 14 May 2026

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework designed to accelerate approvals, strengthen coordination and enhance delivery across Abu Dhabi’s capital project ecosystem.

Construction & Real Estate

Saudi Arabia issues tender for design consultancy of its part of GCC railway

Wed, 13 May 2026

Saudi Arabia Railways (SAR) has issued a tender for design consultancy services for its portion of the GCC railway, which will connect all six member states, a MEED report said.

Construction & Real Estate

EMSTEEL Q1 revenue touches $599m; profit up 246% to $81.42m

Wed, 13 May 2026

EMSTEEL on Wednesday reported first-quarter revenue of AED2.2 billion ($599.05 million), remaining broadly in line with the corresponding period in the prior year. Net profit for the period amounted to AED299 million ($81.42 million), reflecting a 246 percent YoY increase.

Construction & Real Estate

Focus: Carrefour International du Bois 2026 - spotlight on wood innovations

Wed, 13 May 2026

While the new construction sector is undergoing profound transformations, wood is demonstrating strong regional resilience and is more than ever establishing itself as a material of the future.

Construction & Real Estate

Refine reports $58.82m in March sales, signals positive outlook

Wed, 13 May 2026

Refine, a leading development management company, has reported strong results for the first quarter of 2026, delivering solid performance across its project portfolio.

Construction & Real Estate

Ellington Properties begins handover of two key residential projects in Dubai

Wed, 13 May 2026

Ellington Properties, Dubai’s leading design-led boutique developer, has commenced the handover of Ellington House II in Dubai Hills Estate, alongside Arbor View in Arjan, marking continued delivery across key residential communities.

Construction & Real Estate

ThinkProp launches AI Academy for real estate professionals

Wed, 13 May 2026

ThinkProp Venture, an Abu Dhabi- and Dubai-based real estate training institute of the Advanced Real Estate Services (ADRES) Venture, has launched ThinkProp AI Academy, a first-of-its-kind initiative in the UAE designed to build real, measurable AI-enabled capabilities for real estate and business professionals.