Construction & Real Estate

Construction & Real Estate

KEC signs up Keller Williams, RE/MAX for sale of Al Alyaa residences

Mon, 05 Oct 2026

Knowledge Economic City (KEC) has announced the signing of two exclusive brokerage agreements with Keller Williams Saudi Arabia and RE/MAX Smart Concept for selected residential buildings within its Al Alyaa project in Madinah that will support the sales and marketing of over 368 residential units.

Construction & Real Estate

Holcim commissions UAE’s first industrial carbon capture and mineralisation pilot

Mon, 05 Oct 2026

Holcim, together with carbon storage innovator 44.01, marked the official commissioning ceremony for the UAE’s first live-condition carbon capture and underground mineralisation pilot for the cement industry, hosted at the Holcim Emirates Cement Plant in Fujairah.

Construction & Real Estate

New fund to invest $267m in Saudi workforce housing

Mon, 05 Oct 2026

Mnzil, Saudi Arabia’s first and leading tech-enabled workforce housing platform, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR1 billion ($267 million) in developing purpose-built compounds housing up to 50,000 workers across the Kingdom.

Construction & Real Estate

Saudi projects value hits $2.07 trillion; construction, real estate takes major share

Mon, 05 Oct 2026

The total value of projects planned or underway across Saudi Arabia reached $2.07 trillion in H1 2026, highlighting the scale of the Kingdom’s long-term development ambitions under Vision 2030, according to Knight Frank’s latest Saudi Arabia Construction Landscape Review.

Construction & Real Estate

Nakheel launches Bay Estate, new gated community at Dubai Islands

Mon, 05 Oct 2026

Nakheel, a member of Dubai Holding Real Estate, has unveiled Bay Estate, a new gated waterfront community at Dubai Islands.

Construction & Real Estate

Royal Development, SAAS Properties award AED790m main works deal for Al Reem Island project

Mon, 05 Oct 2026

Royal Development Holding, a boutique premium real estate developer and subsidiary of Emirates Stallion Group, in partnership with SAAS Properties has appointed Fibrex as the main contractor for Seamont Autograph Collection Residences, marking the project’s transition into full-scale construction and another significant milestone in its delivery programme.

Construction & Real Estate

L&T secures power transmission orders across Saudi Arabia, UAE, India

Mon, 05 Oct 2026

Larsen & Toubro’s (L&T) Power Transmission & Distribution business has secured multiple EPC orders across Saudi Arabia, the UAE and India. Projects include 380 kV transmission and substations in Saudi Arabia, 132/11 kV substations in the UAE, and transmission lines and substations in Visakhapatnam, India.

Construction & Real Estate

IGIC prepares to unite MENA's geotechnical engineering community

Mon, 05 Oct 2026

The 3rd Annual International Ground Innovation Conference (IGIC 2026) is advancing towards its most expansive edition to date, with preparations well underway for what is set to be the most significant gathering of geotechnical engineering expertise in the MENA region this year.

Construction & Real Estate

Lawazem Industrial Advanced wins Saudi Banan City Package 1 work

Mon, 05 Oct 2026

Saudi-based Lawazem Industrial Advanced Company has been awarded a subcontract by Thabat Contracting Company for the supply and installation of wooden doors for villas at the Banan 1 Project, a part of the mega Banan City, a 10-million-sq-m smart suburban community development in capital Riyadh.

Construction & Real Estate

Dubai Municipality joins Digital Twin Consortium

Mon, 05 Oct 2026

Dubai Municipality has joined the Digital Twin Consortium n a move aimed at strengthening international knowledge exchange around the application of digital twin technologies and geospatial data across areas including urban planning, infrastructure, sustainable urban development and asset management.