Leading real estate project developer Diyar Al Muharraq has signed a strategic agreement with Kuwait Finance House – Bahrain (KFH) to offer financing options to prospective buyers of residential plots at the Al Nuzha development located in the Northern Islands within its mega integrated city.
Dubai’s Roads and Transport Authority (RTA) has completed a traffic expansion in Al Mizhar 4, spanning more than one kilometre from Tunis Street towards Amman Street. A third lane was added to the existing two, boosting capacity by 50% while improving traffic flow in the area.
The UAE construction market remains resilient mainly driven by strong activity in key sectors such as data centres, hospitality, industrial and residential development, but the conditions for delivering projects are changing, according to an industry expert.
Moon World Resorts (MWR) has appointed Toronto-based studio BDP Quadrangle as the lead architects across all its Smart City masterplans. This engagement draws on BDP Quadrangle's multidisciplinary approach to architecture, design, and urbanism.
Oberoi Hotels & Resorts has announced The Oberoi Sukoonvilas, Wadi Safar, a luxury resort under development in Diriyah, northwest of Riyadh. Scheduled to open in Q1 2027, the property will become the first hotel to welcome guests in Wadi Safar, an emerging Saudi tourism destination.
Dar Global, the London-listed luxury international real estate developer, has recorded solid results for the first half, with a 66% jump in its revenue which rose to $258 million over $155.4 million last year mainly driven by the group’s projects across its diversified portfolio in the GCC, Europe and UK.
Leading UAE developers Aldar and Arada have announced a landmark strategic partnership comprising major development opportunities on Yas Island and at Seih Sdeirah in Abu Dhabi, representing a combined value of approximately AED15 billion ($4.1 billion).
Leading Saudi PIF companies - Rua AlHaram AlMakki and Rua Al Madinah - have signed two strategic agreements with Brunei’s Perbadanan Tabung Amanah Islam (TAIB) to explore investment and development opportunities in the Kingdom of Saudi Arabia and Brunei Darussalam.
Rowad Modern Engineering, one of Egypt's major turnkey contractors, is showcasing its integrated delivery capabilities across infrastructure, buildings, power, industrial and social infrastructure projects at the Saudi Mega Projects 2026, a construction and infrastructure event being held in Riyadh.
Dubai's developers have largely held their off-plan prices steady through 2026 in the face of adjustments in sales volumes and absorption rates, said a new report, adding that pricing has begun to decide how quickly projects sell out.
