Saudi Arabia’s National Center for Privatization and PPP said 59 companies have submitted expressions of interest for the Quality Valley Riyadh Project, a urban development initiative that includes the development of the SASO headquarters site.
Dubai recorded 44,400 real estate transactions with a combined value of AED139.2 billion ($37.9 billion) during the first quarter of this year, according to a transaction analysis conducted by Whitewill, an international luxury real estate agency.
A major multi-million dinar upgrade of one of Bahrain’s busiest transport corridors – Shaikh Jaber Al Ahmed Al Sabah Highway – has entered the tender stage after royal ratification of its financing agreement.
Aldar and the Department of Municipalities and Transport (DMT) have announced a landmark public-private partnership to deliver new integrated communities spanning more than 20 million square metres across five strategic locations in Abu Dhabi.
Kaiterra, a global leader in indoor air quality monitoring and optimisation for commercial real estate, has announced the opening of its new regional hub in Dubai. It is the first of several Kaiterra offices planned across the Gulf, as regional demand continues to accelerate.
Dubai Electricity and Water Authority (DEWA), the emirate of Dubai’s exclusive electricity and water services provider, has reported a record revenue of AED6.45 billion ($1.76 billion) for the first quarter of this year.
Leading Saudi developer Retal has secured a key contract from Oman for the development of an integrated residential community on a 1.3 million sq m area within Sultan Haitham City in Muscat. A $830 million project, it will boast over 2,000 residential units as well as other key amenities.
Dubai developer Esnaad has announced the handover of its residential project in Mohammed Bin Rashid City, marking a key milestone in its journey in the emirate’s real estate market. The project comprises a ground floor, five residential floors, and a rooftop, offering a total of 50 one- and two-bedroom apartments.
Dubai Investments reported profit before tax of AED185.06 million ($50.54 million) for the three-month period ended March 31, 2026, compared to AED184.89 million ($50.34 million) during the same period last year.
Dubai Holding and the Investment Corporation of Dubai (ICD) have announced that Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties from ICD, increasing its total shareholding to 29.73 per cent and making it the company’s largest shareholder.
