Construction & Real Estate

Construction & Real Estate

Abu Dhabi launches new unified infrastructure governance framework

Thu, 14 May 2026

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework designed to accelerate approvals, strengthen coordination and enhance delivery across Abu Dhabi’s capital project ecosystem.

Construction & Real Estate

Saudi Arabia issues tender for design consultancy of its part of GCC railway

Wed, 13 May 2026

Saudi Arabia Railways (SAR) has issued a tender for design consultancy services for its portion of the GCC railway, which will connect all six member states, a MEED report said.

Construction & Real Estate

EMSTEEL Q1 revenue touches $599m; profit up 246% to $81.42m

Wed, 13 May 2026

EMSTEEL on Wednesday reported first-quarter revenue of AED2.2 billion ($599.05 million), remaining broadly in line with the corresponding period in the prior year. Net profit for the period amounted to AED299 million ($81.42 million), reflecting a 246 percent YoY increase.

Construction & Real Estate

Focus: Carrefour International du Bois 2026 - spotlight on wood innovations

Wed, 13 May 2026

While the new construction sector is undergoing profound transformations, wood is demonstrating strong regional resilience and is more than ever establishing itself as a material of the future.

Construction & Real Estate

Refine reports $58.82m in March sales, signals positive outlook

Wed, 13 May 2026

Refine, a leading development management company, has reported strong results for the first quarter of 2026, delivering solid performance across its project portfolio.

Construction & Real Estate

Ellington Properties begins handover of two key residential projects in Dubai

Wed, 13 May 2026

Ellington Properties, Dubai’s leading design-led boutique developer, has commenced the handover of Ellington House II in Dubai Hills Estate, alongside Arbor View in Arjan, marking continued delivery across key residential communities.

Construction & Real Estate

ThinkProp launches AI Academy for real estate professionals

Wed, 13 May 2026

ThinkProp Venture, an Abu Dhabi- and Dubai-based real estate training institute of the Advanced Real Estate Services (ADRES) Venture, has launched ThinkProp AI Academy, a first-of-its-kind initiative in the UAE designed to build real, measurable AI-enabled capabilities for real estate and business professionals.

Construction & Real Estate

$98m worth usufruct deals signed at Oman Real Estate, Design & Build Exhibition

Wed, 13 May 2026

As many as 182 usufruct agreements valued at more than OMR37.8 million ($98.31 million) were signed during the 21st edition of Oman Real Estate, Design & Build Exhibition and Conference, which concludes today in Muscat.

Construction & Real Estate

ALAIN breaks ground on Four Seasons Private Residences Abu Dhabi

Wed, 13 May 2026

ALAIN, a leading Abu Dhabi-based asset management company, has commenced construction of Four Seasons Private Residences Abu Dhabi at Saadiyat Beach, marking a key milestone in the delivery of the capital’s most prestigious beachfront residential offering.

Construction & Real Estate

Union Properties accelerates growth in Q1, revenue rises 66%

Wed, 13 May 2026

Union Properties has delivered a strong start to 2026, reporting solid revenue growth and improved profitability in the first quarter, as the company advances into a new phase of accelerated growth.