Saudi-based Alandalus Property has announced that its key subsidiary, Marafiq Alandalus Allujistiyah, has acquired a prime plot of land spanning 44,550 sq m within the Al Mashael District in Riyadh. This land will be used for the development of logistics warehouses and other associated facilities.
Dubai Municipality has completed over 107 projects worth AED1.6 billion ($440 million) in 2026, marking a significant milestone in the continued development of the emirate's public and community spaces.
The value of Dubai's real estate investments has grown steadily over the past few years, rising nearly five-fold from AED148 billion ($40.2 billion) in 2021 to more than AED680 billion ($185 billion) in 2025, said a leading UAE brokerage, adding the number of investments have jumped from 72,000 to 259,000 over the period.
The GCC countries have built an investment base of $426 billion across nearly 22,000 factories, contributing 13% of regional GDP in 2025, said a report. About 40% of the industrial investments are concentrated in key sectors such as plastics, refined petroleum products, aluminium and iron and steel.
Global business leaders, government officials, project management specialists from across the globe will be at the Dubai International Project Management Forum to exchange knowledge, showcase pioneering experiences and shape innovative perspectives that help advance project planning and delivery.
Forbes has unveiled the fourth edition of its annual ranking - The Middle East’s Sustainability Leaders 2026 - recognising 145 executives advancing the region’s transition to a more low-carbon economy. The list spans 17 key sectors including real estate and construction, oil and gas, banks, logistics and tourism.
Saudi-based Armah Sports Company (Armah) has signed a land lease agreement with Fawaz Abdulmohsen Saad Bin Saeed to develop and operate a men's sports club in Riyadh. This 20-year deal comes as part of the group's strategy to expand through prime locations in the kingdom.
Two of the major events in the Saudi construction sector - the 36th edition of Saudi Build and the 27th edition of Saudi Elenex - originally scheduled to be held from November 2 to 5 in the capital Riyadh have been postponed to next year due to the ongoing Middle East tensions.
The International Real Estate and Investment Show (IREIS) 2026 will be back in Abu Dhabi next month bringing together leading property developers, investors, real estate experts and homebuyers as the emirate's real estate transaction value for the first nine months soared to AED175.7 billion ($48 billion).
Dubai’s economy reached AED473 billion ($129 billion) in the first half of 2026, driven by strong performance across key sectors, including financial and insurance services, healthcare, information and communication, and construction.
