Construction & Real Estate

Construction & Real Estate

Major parking upgrade announced for key districts in Riyadh

Thu, 26 Feb 2026

Remat Al Riyadh, the development arm of the Riyadh Region Municipality, has signed two contracts with Arsann to develop and operate 11 parking facilities across key districts of the Saudi capital, aiming to regulate parking operations, boost capacity and enhance the capital’s urban landscape.

Construction & Real Estate

Hempel, AlKarar introduce new customer-focused paint retail concept

Thu, 26 Feb 2026

Hempel, in partnership with AlKarar, has unveiled a new customer-focused paint retail concept in Bahrain, redefining the way customers experience paint shopping.

Construction & Real Estate

L&T units wins near $1.1bn Mideast substations contracts

Thu, 26 Feb 2026

Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region.

Construction & Real Estate

Azizi launches new residential project within Riviera community

Thu, 26 Feb 2026

UAE-based Azizi Developments has announced the launch of its newest residential project - Azizi Riviera 66 - within the stylish waterfront-inspired lifestyle destination Riviera in Dubai. A prime project, it offers a selection of well-designed residences along with key amenities.

Construction & Real Estate

Alkhorayef wins Jeddah stormwater network maintenance project

Thu, 26 Feb 2026

Alkhorayef Water and Power Technologies Company has announced that it has secured a key contract from Jeddah Amana Municipality for the operation and maintenance of stormwater and surface water networks in the sub-municipalities of South and Al Malisa in the Saudi port city.

Construction & Real Estate

MAG Group's Keturah Ardh project Phase I plots sold out

Thu, 26 Feb 2026

The first phase of Keturah Ardh, a heritage-wellness integrated luxury community being developed by MAG Group in Dubai, has sold out, with all 558 luxury townhouse plots acquired in just six months for AED1 billion ($272.2 million).

Construction & Real Estate

Saudi Real Estate signs lease deal with Amsa Hospitality for Riyadh residential compound

Thu, 26 Feb 2026

Saudi Real Estate Company (Al Akaria) has signed a 20-year lease agreement with Amsa Hospitality for the Amsa Vue Residential Compound in Riyadh, with the total value of the project estimated at around SR1.2 billion ($320 million), an Arab News report said.

Construction & Real Estate

AtkinsRéalis, Futurecity forge partnership to shape the future of Mideast cities

Wed, 25 Feb 2026

AtkinsRéalis, the global design and engineering consultancy, has announced plans to join forces with Futurecity, a leading cultural placemaking agency, in a move that will see the two work together on major projects in the region that will shape the future of Middle East cities.

Construction & Real Estate

ONEIC lands Sultan Haitham City grid station contract

Wed, 25 Feb 2026

Oman National Engineering & Investment has announced that it has secured a construction contract for a 132/33kV grid station within the mega Sultan Haitham City in capital Muscat. The scope of work includes associated 132kV overhead transmission lines for Mabella Grid Station,

Construction & Real Estate

Empower awards design contract for Business Bay district cooling plant

Wed, 25 Feb 2026

Emirates Central Cooling Systems Corporation (Empower) said it has awarded the design contract for the company's fifth district cooling plant in Business Bay, Dubai. Once operational, the plant will have a production capacity of 44,000 refrigeration tons (RT).