Construction & Real Estate

Construction & Real Estate

Madayn starts work on multi-storey parking project in Muscat

Tue, 16 Dec 2025

Oman's Public Establishment for Industrial Estates (Madayn) has begun work on a multi-storey parking project featuring modern office and service spaces at the Knowledge Oasis Muscat (KOM). It is being developed by Oman National Engineering and Investment Company.

Construction & Real Estate

Empire breaks ground on landmark 634-unit residential tower in Dubai

Tue, 16 Dec 2025

Empire Developments has broken ground on its new residential project - Empire Lake Views - in Dubai. Strategically located between Dubai Silicon Oasis and Academic City, the luxury tower will rise across 31 floors and feature 634 apartments along with key amenities.

Construction & Real Estate

Abu Dhabi Equestrian Club launches integrated development project

Tue, 16 Dec 2025

The Abu Dhabi Equestrian Club has announced the launch of Al Khail Square, an integrated development project featuring advanced equestrian facilities, premium residential units, modern healthcare amenities as well as a variety of retail and commercial spaces.

Construction & Real Estate

Over 60 top developers prequalify for SWPC wastewater projects

Tue, 16 Dec 2025

Saudi Water Partnership Company (SWPC) has announced that more than 60 leading developers have prequalifed for the second edition of its upcoming Independent Water Projects (IWP) and Independent Sewage Treatment Plant (ISTP) projects in the kingdom.

Construction & Real Estate

Th8 Palm Dubai Beach Resort unveils refined spa destination

Mon, 15 Dec 2025

Th8 Palm Dubai Beach Resort has announced the opening of Pure by Serenity, an intimate, cocoon-like retreat within the development. The spa features three tranquil treatment rooms, including two double treatment rooms ideal for shared experiences.

Construction & Real Estate

JLL inks deal to acquire strategic stake in Saudi PIF company

Mon, 15 Dec 2025

Global real estate expert Jones Lang LaSalle (JLL) has announced that it has reached an agreement with Saudi Arabia's sovereign wealth fund PIF to acquire a significant stake in its company - Saudi Facility Management Company (FMTECH).

Construction & Real Estate

Mubadala, Barings ink $500m global real estate debt partnership

Mon, 15 Dec 2025

Abu Dhabi-based Mubadala Investment Company and Barings, one of the world’s top investment managers, have entered into a $500 million global real estate debt partnership. The new JV will focus on investing in subordinated loans across real estate asset classes.

Construction & Real Estate

Nikken Sekkei unveils innovative design for Trump Tower Dubai

Mon, 15 Dec 2025

Leading Japanese urban design firm Nikken Sekkei is set to reshape the city’s skyline with Trump Tower Dubai, redefining expectations for branded luxury in the region. The concept draws on the confident forms of Manhattan and the architectural discipline of Japan.

Construction & Real Estate

Nakheel partners with SOM to design Palm Jebel Ali mosque

Mon, 15 Dec 2025

Master-developer Nakheel has unveiled the design for the Palm Jebel Ali Friday Mosque, a landmark project that will form the spiritual and cultural heart of the island. Designed by global architecture practice Skidmore, Owings & Merrill (SOM), it can accommodate up to 1,000 worshippers.

Construction & Real Estate

Arada to open Nest Hotel at Aljada in late December

Mon, 15 Dec 2025

Arada has announced that booking has now begun at Nest Hotel, the first property in its new lifestyle hospitality brand, ahead of the hotel’s formal opening in late December at Aljada, Sharjah. The 395-room hotel caters to diverse guests, including business and leisure travellers, long-stay visitors, sports groups, and students.