Qatar's QAR4.5 billion ($1.24 billion) project to build 14 new schools under the second package of its Schools Development Program has reached approximately 80% completion, marking a significant milestone in the country's efforts to expand education infrastructure through the public-private partnership (PPP) model.
Dubai added 24,800 new units to its residential real estate inventory in H1 2026, a rise of nearly 38% compared to the same period last year and 12% more than in H2 2025, according to leading real estate advisory and property consultancy, Cavendish Maxwell.
Ardara Company, a unit of Saudi Arabia's sovereign wealth fund PIF, has joined hands with Sumou Holding for the launch of the second phase of its prime Al Wadi development in Abha region, coming up on a 300,000 sq m area at a total investment of more than SAR4 billion ($1.04 billion).
Saudi-based Makkah Construction and Development Company said it had renewed an existing SAR880 million ($235 million) shariah-compliant financing facility with Bank AlJazira. It will be used to meet liquidity requirements and fund strategic projects.
CB&I, a global EPC company, said its asset solutions business has secured a well engineering services contract from UAE-based Cosmo E&P Albahriya to support drilling, engineering, planning and operational activities at Offshore Block 4 in Abu Dhabi.
The Roads General Authority (RGA) has outlined two main routes linking Riyadh to Hail as part of its efforts to improve access to one of the kingdom's major tourism destinations located in the northwestern region, known for its mountain landscapes and historical sites.
Oman's real estate transaction value surged by 5.4% year-on-year to hit RO1.434 billion ($3.7 billion) for the first six months of 2026, mainly driven by higher sales activity, reported ONA, citing data from the National Centre for Statistics and Information (NCSI) showed.
Modon Holding, a leading Abu Dhabi-based developer, has reported a 40% jump in its first-half revenue which soared to AED9.2 billion ($2.5 billion), while its net profit surged to hit AED2.2 billion ($598 million), mainly driven by higher real estate sales and revenue recognition from its development portfolio.
Dubai-based Nikki Bisiker Design Studio has completed its design scope as interior design and interior architecture consultant for an ultra-luxury private villa in Al Barari. The new-build residence spans a basement, ground level, first floor and terrace, with a built-up area of over 24,000 sq ft.
Dubai’s Roads and Transport Authority (RTA) has implemented a package of rapid traffic solutions on Ras Al Khor Road and Al Khail Road, including the addition of new lanes and the upgrade of entry and exit points on both roads. The improvements have boosted road efficiency by 20%.
