Construction & Real Estate

Construction & Real Estate

Over 1,500 global firms taking part in Middle East Energy

Wed, 19 Aug 2026

More than 1,500 global energy companies have confirmed participation in the 50th edition of Middle East Energy in Dubai this September.

Construction & Real Estate

Cenomi Centers seals leasing deal with Saudi PIF unit for Madinah Downtown mall

Wed, 19 Aug 2026

Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has signed a deal with Saudi Downtown Company, a Public Investment Fund (PIF) company, for the leasing and operation of a premium mall within the Al Madinah Downtown project for 25 years.

Construction & Real Estate

AI, blockchain and smart buildings reshape UAE property landscape

Wed, 19 Aug 2026

Technology is becoming a bigger factor in UAE real estate, with tokenisation, artificial intelligence, digital investor platforms and real-time air-quality monitoring likely to reshape how properties are bought, managed and experienced in the second half of 2026, said a leading property developer.

Construction & Real Estate

Saudi Arabia sets 70pc localisation target for project management jobs

Wed, 19 Aug 2026

Saudi Arabia will start implementing a 70% localisation in project management professions in the private sector starting from February next year, said a report. The move, aimed at boosting the locals' participation in the labour market, is in line with the objectives of Saudi Vision 2030.

Construction & Real Estate

EDECS Group wins key Dar es Salaam Port modernisation project

Wed, 19 Aug 2026

EDECS Group, a leading MEA region EPC contractor, has secured a strategic contract from DP World to redevelop seven operational yards at Tanzania's Dar es Salaam Port terminal 1 operated by DP World Dar Es Salaam.

Construction & Real Estate

Arabian Drilling expands GCC footprint with new offshore contract

Tue, 18 Aug 2026

Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country.

Construction & Real Estate

Beno, Jumeirah open luxury waterfront guest lounge at Marsa Al Arab

Tue, 18 Aug 2026

Dubai-based luxury lifestyle platform Beno has announced the opening of a premium guest lounge at Marsa Al Arab, developed in partnership with the Jumeirah Group. The lounge adds a permanently staffed guest-services layer to one of Dubai's newest ultra-luxury marine developments, Marsa Al Arab Marina.

Construction & Real Estate

Abu Dhabi residential sales hit $19.2bn in H1 on strong off-plan demand

Tue, 18 Aug 2026

Abu Dhabi's residential property market continued to expand in H1 with residential sales value nearly tripling from a year earlier to AED70.4 billion ($19.2 billion), driven by strong off-plan demand, said a report, adding the off-plan transactions accounted for 89% of residential sales value.

Construction & Real Estate

Red Sea Global opens Rosewood AMAALA offering residential style hospitality

Tue, 18 Aug 2026

Red Sea Global (RSG), the regenerative tourism developer, has announced the opening of Rosewood AMAALA, a luxury resort located at Triple Bay on Saudi Arabia’s northwestern Red Sea coast. The opening marks another milestone in the company’s strategy to establish AMAALA as the Kingdom’s flagship wellness destination.

Construction & Real Estate

Emirates Extrusion records strongest H1 production performance

Tue, 18 Aug 2026

Emirates Extrusion Factory (EEF), a key subsidiary of Dubai Investments, has delivered its strongest first-half production performance in a decade, supported by sustained customer demand, manufacturing efficiency and disciplined operational execution.