Construction & Real Estate

Construction & Real Estate

GCC countries enhance use of renewable water resources

Sun, 31 May 2026

The GCC countries recorded a 3 percent decline in the annual rate of groundwater extraction over the past nine years, alongside an increase in the share of renewable water resources, which reached 25.5 percent in 2024.

Construction & Real Estate

UAE’s new civil transactions law to reshape contracts from June 1

Sun, 31 May 2026

A major update to the UAE’s civil law will come into force on June 1, bringing changes that are expected to affect how residents, families, businesses and young adults deal with contracts, property, money and legal responsibility.

Construction & Real Estate

Dubai real estate deals in April surge to $18.7bn

Sat, 30 May 2026

Dubai’s real estate market recorded a sharp month-on-month recovery in April, with total registered transaction value rising 20% to AED68.6 billion ($18.7 billion), said a report. The rebound marks the first decisive recovery following a temporary slowdown in February linked to the regional geopolitical uncertainty.

Construction & Real Estate

EcoModular inks strategic deal to boost modular building projects across GCC

Sat, 30 May 2026

Leading Irish group EcoModular has entered into an agreement with Saudi-based project management consultancy IDS and Latvia's Modul Consult to establish tripartite framework for volumetric modular development across Europe, KSA and the wider GCC region.

Construction & Real Estate

Dubai real estate transactions rise 20% in April to $18.68bn

Fri, 29 May 2026

Dubai’s real estate market recorded a sharp month-on-month recovery in April 2026, with total registered transaction value rising 20% to AED68.6 billion ($16.68 billion), according to a new analytical report published by Elite Merit Real Estate.

Construction & Real Estate

Kuwait's URC secures $122.8m finance for waterfront project

Tue, 26 May 2026

Kuwait's United Real Estate Company (URC), the real estate arm of Kuwait Projects Company Holding (KIPCO), has secured KWD38 million ($122.82 million) in Islamic banking finance for the construction and development of Waterfront Real Estate Project - Phase 3 (Souq Sharq), located in the Sharq Area of capital Kuwait City.

Construction & Real Estate

New 3.4km road opened in Bahrain

Tue, 26 May 2026

Bahrain's Deputy Prime Minister Shaikh Khalid bin Abdullah Al Khalifa has inaugurated Shaikh Abdullah bin Salman bin Khalid Al Khalifa Avenue, linking Hunainiyah Avenue and Al Muaskar Highway in Riffa.

Construction & Real Estate

Volvo CE, Hitachi Energy tie-up to accelerate zero-emission construction sites

Tue, 26 May 2026

Hitachi Energy, a global leader in electrification, and Volvo Construction Equipment (Volvo CE), a leading manufacturer of construction equipment machinery, have signed a memorandum of understanding (MoU) to collaborate on developing end‑to‑end approaches that support the deployment of zero‑emission construction sites.

Construction & Real Estate

Gensler Middle East appoints new landscape urbanism design lead for Cities Studio

Tue, 26 May 2026

Gensler, the world’s most impactful architecture, design, and planning firm, has appointed Dima Rachid as Landscape Urbanism Design Lead within its growing Cities Studio in the Middle East, reinforcing the firm’s long-term commitment to shaping people-centered urban experiences across the public and private sectors.

Construction & Real Estate

Sustainability Forum Middle East announces high-level speakers for roundtable

Tue, 26 May 2026

Sustainability Forum Middle East (SFME), in partnership with Tabreed Bahrain and Boston Consulting Group (BCG), has announced a line-up of high-level speakers for its upcoming round-table on “Accelerating Energy Efficiency Delivery under Bahrain’s National Energy Strategy.”