Construction & Real Estate

Construction & Real Estate

Dubai's real estate investments hit $185bn in 2025, says report

Sun, 18 Oct 2026

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.

Construction & Real Estate

GCC industrial investments hit $426bn across nearly 22,000 factories

Sun, 18 Oct 2026

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.

Construction & Real Estate

Dubai International Project Management Forum to kick off in January

Sun, 18 Oct 2026

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.

Construction & Real Estate

Forbes unveils Middle East sustainability leaders list for 2026

Sun, 18 Oct 2026

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.

Construction & Real Estate

Armah inks land lease agreement to develop sports club in Riyadh

Sun, 18 Oct 2026

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.

Construction & Real Estate

Top construction expos Saudi Build, Elenex postponed to next year

Sun, 18 Oct 2026

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.

Construction & Real Estate

IREIS 2026 returns to Abu Dhabi as real estate transactions top $48bn

Sun, 18 Oct 2026

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).

Construction & Real Estate

Dubai's GDP reaches $129bn in H1 2026

Sun, 18 Oct 2026

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.

Construction & Real Estate

Gulf Spic lowest bidder for KOC booster stations enhancement project

Sat, 17 Oct 2026

Kuwait Oil Company (KOC) has announced that Gulf Spic General Trading & Contracting, a leading Kuwaiti firm specialised in delivering EPC services to the energy sector, has emerged as the lowest bidder for its Booster Stations Enhancement Project. In total, KOC had received four bids for the BS-140 and 150 upgrade project.

Construction & Real Estate

Bahrain's key irrigation project on track for year-end completion

Sat, 17 Oct 2026

Bahraini authorities said steady progress was being made on the new agricultural project in Buri with nearly 87% of the infrastructure works completed. With the irrigation networks, water wells and two main substations ready, the project is set for completion by the year-end.