Construction & Real Estate

Construction & Real Estate

Damac achieves handover of 50,000 homes, $2.72bn contracts awarded in H1

Tue, 01 Sep 2026

Damac Properties, the largest private real estate developer in the UAE and the Middle East, is currently celebrating the handover of more than 50,000 homes.

Construction & Real Estate

Red Sea Global secures Mostadam certification of 211 buildings across destinations

Tue, 01 Sep 2026

Red Sea Global (RSG), the regenerative tourism developer, has achieved Mostadam Diamond certification across 169 buildings in its Amaala staff village (grouped into 8 assets), with a further 42 buildings in The Red Sea (4 assets) also achieving the certification.

Construction & Real Estate

IGIC 2026 in Riyadh set to be biggest so far

Tue, 01 Sep 2026

Some 700 delegates from over 40 countries are expected to attend the 3rd Annual International Geotechnical Innovation Conference (IGIC 2026) taking place in Riyadh from October 14 to 15.

Construction & Real Estate

Saudi Wood Expo draws strong industry participation

Tue, 01 Sep 2026

Saudi Wood Expo, which kicked off its 3rd edition on Sunday, has gathered a strong community of wood and woodworking professionals from across Saudi Arabia and international markets.

Construction & Real Estate

HUMAIN, DataVolt to develop 100MW of NEOM AI Data Center

Tue, 01 Sep 2026

HUMAIN and DataVolt will develop 100MW of a 360MW AI-ready data center at Oxagon, the industrial city on the Red Sea coast in NEOM.

Construction & Real Estate

Big 5 Construct Saudi brings together construction, project leaders

Mon, 31 Aug 2026

Big 5 Construct Saudi, which kicked off at Riyadh Front Exhibition & Conference Center on Monday, will feature in-depth technical discussions, product showcases and opportunities for industry professionals to connect with suppliers, project stakeholders and experts from across the ecosystem during the next two days.

Construction & Real Estate

Arabian Drilling signs $800m five-year contract with SLB for 11 gas rigs

Mon, 31 Aug 2026

Saudi Arabia’s Arabian Drilling Company has signed a new five-year contract worth approximately SAR3 billion ($800 million) with SLB for the provision of 11 land rigs for gas-related lump-sum turnkey (LSTK) operations.

Construction & Real Estate

Saudi Arabia homeownership rises to 66.24%, exceeds target

Mon, 31 Aug 2026

Saudi Arabia reached a significant homeownership milestone in 2025, with the national rate rising to 66.24%, exceeding the annual target of 65% and moving closer to the Saudi Vision 2030 target of 70%.

Construction & Real Estate

Nikki Bisiker Design Studio unveils African inspired luxury villa in Tilal Al Ghaf

Mon, 31 Aug 2026

Nikki Bisiker Design Studio has completed the design of a new Elysian Mansion villa in Tilal Al Ghaf in Dubai, with the project now into the interior execution phase.

Construction & Real Estate

Acwa, Veolia team up to cut desalination energy costs

Mon, 31 Aug 2026

Saudi-listed Acwa has signed an MoU with Veolia in Paris to optimise seawater desalination, combining technical expertise to improve SWRO plant design, operations and equipment selection while reducing energy consumption.