Construction & Real Estate

Construction & Real Estate

Albaddad unveils $1.9bn New Botswana City

Mon, 08 Jun 2026

Albaddad Holding, a UAE-headquartered global group specialising in modular construction, exhibition infrastructure and fast-track delivery, has launched its $1.9-billion New Botswana City project in Gaborone, Botswana's capital.

Construction & Real Estate

Compliance with new intelligence: Growth of AI Tools for use with building codes

Mon, 08 Jun 2026

Building safety professionals, including code officials, plan reviewers, engineers, designers and contractors, are increasingly using AI to access information and solve problems both in the office and at the job site, says Ed Cilurso, Senior Product Manager, Digital Assets, leading the ICC AI Navigator product roadmap strategy.

Construction & Real Estate

BEYOND Developments launches $1.09bn masterplan community

Mon, 08 Jun 2026

BEYOND Developments on Monday unveiled AED4-billion ($1.09 billion) The Yards, a master-planned destination in City of Arabia in Dubai, and simultaneously launched Arancia, the project’s first residential cluster.

Construction & Real Estate

ALEC unit Target wins $500m three EPC contracts in Gulf

Mon, 08 Jun 2026

ALEC Holdings, a leading diversified engineering and construction group operating in the UAE and KSA, has announced that its subsidiary Target Engineering Construction Company – SP, has secured three major contracts worth a total of over $500 million in the Gulf.

Construction & Real Estate

RSG completes modernisation of AlWajh International Airport

Mon, 08 Jun 2026

Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has completed the modernisation of AlWajh International Airport (EJH) located in northwest Saudi Arabia.

Construction & Real Estate

Majid Al Futtaim awards $544m contract for Ghaf Woods projects

Mon, 08 Jun 2026

Majid Al Futtaim, a leading developer in the Middle East, has awarded an AED2 billion ($544.56 million) contract to Engineering Contracting Company (ECC) as the main contractor for Capria East and Capria West, including Maravelle Residences, at Ghaf Woods, Dubai’s first forest living community.

Construction & Real Estate

ALEC Holdings sponsors ‘Adopt a Class’ at Al Noor Training Centre

Mon, 08 Jun 2026

ALEC Holdings, a leading diversified engineering and construction group operating in the UAE and KSA, has signed a memorandum of understanding (MoU) with Al Noor Training Centre for People of Determination, under which it will sponsor a classroom of 10 students of determination for one academic year.

Construction & Real Estate

Hellmann, INDU start work on new automotive logistics hub in Jafza

Mon, 08 Jun 2026

Hellmann Worldwide Logistics and INDU Group have broken ground on a new automotive logistics hub in Jebel Ali Free Zone (Jafza), reinforcing the free zone’s role as a key gateway for regional and global trade.

Construction & Real Estate

UAE real estate market to hit AED3 trillion by 2031, says report

Mon, 08 Jun 2026

The UAE real estate market is projected to reach nearly AED3 trillion ($812 billion) by 2031, reflecting strong investor confidence and sustained demand across residential, commercial and mixed-use developments, a report said.

Construction & Real Estate

Middle East Specialized Cables unit wins $46.6m contract from Cunado

Mon, 08 Jun 2026

Middle East Specialized Cables Company (MESC) has announced that its wholly-owned subsidiary Middle East Specialized Cables (MESC-Ras Al Khaimah UAE) has received a contract from Cunado Middle East for Pipes and Valves in the United Arab Emirates.