Sobha Realty, a leading luxury real estate developer, has signed an agreement with the National Bank of Ras Al Khaimah (Rakbank) to provide home financing solutions to eligible buyers of its ready and selected off-plan residential properties across Dubai and Abu Dhabi.
Abu Dhabi-based Ohana Development has announced the launch of the second phase of its Manchester City Yas Residences by Ohana project, featuring two- and three-bedroom townhouses, duplex villas, and four- and five-bedroom villas. The premium development is set for phased delivery by 2029.
Oman’s total electricity generation rose 4.3% year on year to 37,481.8 gigawatt-hours (GWh) in the first eight months of 2026, while water production fell 3.5%, preliminary data from the National Centre for Statistics and Information (NCSI) showed.
Saudi Arabia's National Water Company (NWC) said it has completed a range of sewer systems in the Al Baha region as part of its infrastructure development projects. These include the construction of a tertiary wastewater treatment plant using bio-membrane technology as well as laying of 46km-long sewage networks.
Oman’s construction sector is poised for growth, supported by a pipeline of projects worth $120 billion through 2030 spanning infrastructure, tourism and industrial development, with the sector’s investment opportunities set to be highlighted at Project Oman 2026 in Muscat this November.
NMDC Group, a global leader in integrated marine, energy, construction, logistics, and engineering solutions, has inaugurated the Abu Al Bakhoush vessel, a state-of-the-art self-propelled heavy-duty cutter suction dredger.
Knowledge Economic City (KEC), a leading master developer, has partnered with global hospitality agency TGP International to develop a new Food Hall at Multaqa AlMadinah Mall.
Abu Dhabi has announced plans to upgrade key roads in Mussafah, improving journeys between the industrial area, Mohamed Bin Zayed City and Zayed City. The scope of work includes upgrades to four interchanges along E30 as well as plans for building two new bridges.
Roads and Transport Authority (RTA) has launched the trial operation of the Dubai Glydways automated transit system at a premium retail destination in the emirate - Bluewaters. The system uses autonomous electric vehicles supported by artificial intelligence technologies, operating on dedicated guideways.
Emaar, The Economic City (Emaar EC) has announced that its CEO Abdulaziz Ibrahim Alnowaiser will be stepping down from his post effective October 31, due to professional commitments. Naif Saleh Al Hamdan, the company's current Vice Chairman has been named its Managing Director.
