Rising demand for prime, ESG-compliant office space among regional and global businesses is driving rents and occupancy levels to near-record highs across key markets in the GCC, with Saudi Arabia leading rental growth at 15.1% in Q3 2025, said an expert.
New Murabba, a major developer powered by Saudi sovereign wealth fund PIF, has signed an agreement with the US Green Building Council to advance sustainable design and next-generation green building practices across Riyadh’s new downtown.
UAE developer Arada has awarded AED2.7 billion ($735 million) contracts for Masaar 2, a forested megaproject in Sharjah. The scope of work includes construction of 1,997 homes across four phases as well as complete design and supervision work.
As artificial intelligence emerges as a transformative force in the clean energy sector, the World Future Energy Summit 2026 will spotlight its vast potential to reshape energy production, transmission, and efficient, data-driven distribution.
Foster + Partners, a British international architecture firm, has announced that it has signed a non-binding agreement with Saudi sovereign wealth fund PIF to explore potential collaboration opportunities in the Saudi market.
Zayed National Museum, an architectural landmark located in the heart of Saadiyat Cultural District in Abu Dhabi, has opened its doors to the public. The building, which is an expression of sustainability, has been designed by Foster + Partners.
Saudi Ministry of Sports has invited bids from top contractors to carry out construction works for the King Salman Stadium project in Riyadh. One of the world's largest sports venues, it will boast a seating capacity of over 92,000 along with key amenities.
Soudah Development, a Saudi PIF company has signed a SAR1.3 billion ($346 million) agreement with National Grid, a subsidiary of the Saudi Electricity Company, to deliver advanced power infrastructure for its ultra-luxury mountain destination - Soudah Peaks.
ORA Developers has broken ground on its flagship 4.8-million-sq-m coastal community, Bayn, at Ghantoot region strategically located between Dubai and Abu Dhabi. A total of 805 villas and townhouses will be built within the first phase.
Dubai’s Roads and Transport Authority (RTA) has announced an integrated project to upgrade Al Wasl Road. The key development, spanning 15 km, will see the upgrade of six intersections and construction of five tunnels totalling 3,850m.
