Construction & Real Estate

Construction & Real Estate

10 Design unveils Al Barari’s nature-led residential development in Dubai

Wed, 01 Jul 2026

10 Design, a global architecture and masterplanning practice based in UK, has unveiled its vision for The Cape, a key residential project within the Al Barari masterplan in Dubai. Spanning 140,000 sq ft, the scheme features 286 apartments, ranging from one-bedroom units to four-bed duplexes.

Construction & Real Estate

SLB seals Kuwait Oil Company innovation valley project contract

Wed, 01 Jul 2026

Global energy technology company SLB has secured a major contract from Kuwait Oil Company (KOC) for the development of its flagship Ahmadi Innovation Valley (AIV) initiative, thus marking a key step in accelerating technology deployment and innovation across Kuwait’s upstream oil and gas sector.

Construction & Real Estate

JLL names new Project & Development head for Middle East, Africa

Wed, 01 Jul 2026

Global real estate expert JLL has announced the appointment of Maroun Deeb as the new Head of Project & Development Services (PDS) for the Middle East and Africa. In his expanded role, Deeb will be overseeing strategic growth and capability integration across the MEA region.

Construction & Real Estate

EDF, Marubeni, Acwa, Masdar in race for 12,000 MWh Saudi BESS projects

Wed, 01 Jul 2026

The Saudi Power Procurement Company (Principal Buyer) has prequalified 27 leading developers including global utility majors EDF, Kepco and Marubeni as well as regional heavyweights Masdar and Acwa for its second group of Battery Energy Storage System (BESS) projects with a total capacity of 12,000 MWh.

Construction & Real Estate

Binghatti says Bugatti Residences penthouse sold for AED200m

Wed, 01 Jul 2026

In a huge boost for Dubai's luxury real estate market, Binghatti, a major UAE developer, has announced penthouse sales totalling AED270 million ($73.5 million) at Bugatti Residences by Binghatti in Business Bay during June 2026.

Construction & Real Estate

Sharjah Architecture Triennial third edition to run from November to April

Wed, 01 Jul 2026

The Sharjah Architecture Triennial (SAT) - the first major platform for architecture and urbanism in the Middle East, North and East Africa and Asia - will hold its third edition with the theme "Architecture Otherwise: Building Civic Infrastructure for Collective Futures".

Construction & Real Estate

Abu Dhabi construction sector entering higher-value growth phase

Wed, 01 Jul 2026

Abu Dhabi’s construction sector is entering a new phase of growth, driven by advanced delivery models and increased PPP projects, said a new report, highlighting a clear shift away from volume‑driven construction toward more integrated, tech‑enabled and performance‑focused project delivery.

Construction & Real Estate

Saudi firm 3S wins ICT contract for Qiddiya Resort Core Infrastructure project

Wed, 01 Jul 2026

Saudi Arabia-based System Security Solutions (3S) has secured the main Information and Communications Technology (ICT) contractor package for the Resort Core Infrastructure project at Qiddiya, marking another milestone in the development of one of the Kingdom's flagship giga-projects.

Construction & Real Estate

Sobha Realty seals home financing agreement with NBQ

Wed, 01 Jul 2026

Sobha Realty, a leading luxury real-estate developer globally, has announced that it has signed an agreement with National Bank of Umm Al Qaiwain (NBQ) to provide preferential mortgage and financing solutions for customers purchasing off-plan residential units across its developments.

Construction & Real Estate

HITEK AI unveils AI-powered asset capture & condition intelligence

Wed, 01 Jul 2026

Dubai-headquartered HITEK AI, a pioneer in AI-driven enterprise solutions and part of the Farnek Group of companies, has launched Condtek, the GCC’s first AI-powered solution that automatically creates a verified digital asset register without the need for lengthy and costly manual audits, saving building owners, developers and managers time and money.