Construction & Real Estate

Construction & Real Estate

Engel & Völkers Dubai brings conversational property search directly to ChatGPT

Thu, 10 Sep 2026

Engel & Völkers Middle East has launched the Engel & Völkers Search app within ChatGPT, marking an important advancement in how clients discover and explore real estate opportunities.

Construction & Real Estate

Cheval Collection names cluster sales director for Dubai properties

Thu, 10 Sep 2026

Cheval Collection, a UK-based luxury hospitality company with a growing number of properties in the Middle East, has appointed Robert Nicolas, an industry veteran with two decades’ experience in hospitality, as the Cluster Director of Sales for its two serviced apartment properties in Dubai.

Construction & Real Estate

Samsung E&A lands $3.46bn EPC contract for Sabic industrial complex

Thu, 10 Sep 2026

Samsung E&A has secured a major engineering, procurement and construction services contract worth $3.46 billion from Sabic Agri-Nutrients Company (formerly Saudi Arabian Fertilizer Company - Safco) for its integrated industrial complex. The project commissioning is targeted for Q3 2030.

Construction & Real Estate

Sharjah real estate deals hit $1.25bn in August

Thu, 10 Sep 2026

Sharjah’s real estate sector recorded transactions worth AED4.6 billion ($1.25 billion) in August through 9,139 transactions across various areas of the northern emirate. The total traded area in sales transactions reached 12.5 million sq ft, thus reflecting the continued activity of Sharjah’s real estate market.

Construction & Real Estate

Wetex to show how green tech shapes resilient cities

Thu, 10 Sep 2026

The 28th edition of the Water, Energy, Technology and Environment Exhibition (Wetex 2026) will highlight how sustainable and resilient technologies support smart cities.

Construction & Real Estate

Majid Al Futtaim delivers record H1 EBITDA of $680.74 million, up 11%

Thu, 10 Sep 2026

Majid Al Futtaim, a leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, reported a record first-half EBITDA of AED2.5 billion ($680.74 million), a 11% increase year-on-year.

Construction & Real Estate

SEREDO 2026 attracts 35,000 visitors, key deals signed

Wed, 09 Sep 2026

SEREDO 2026, the fifth edition of the Saudi real estate development and ownership exhibition, drew around 35,000 visitors over three days this week.

Construction & Real Estate

Dubai Holding awards $1.36bn new HQ, Jumeirah Residences Emirates Towers deal to CSCEC ME

Wed, 09 Sep 2026

Dubai Holding, a diversified global investment company, has awarded the AED5 billion ($1.36 billion) construction contract for the delivery of the group’s new headquarters and Jumeirah Residences Emirates Towers to China State Construction Engineering Corporation Middle East (CSCEC ME).

Construction & Real Estate

Saudi cement sales stay stable in August, exports weaken

Wed, 09 Sep 2026

Saudi Arabia’s cement sector saw sales remain broadly stable year-on-year in August, but monthly volumes edged lower as weaker exports offset modest growth in the domestic market, according to an Al Rajhi Capital sector update.

Construction & Real Estate

Qassim Cement to acquire 100% of A-Mix for $17.3m

Wed, 09 Sep 2026

Qassim Cement Company has signed a share sale and purchase agreement to acquire 100% of A-Mix Company, a Saudi closed joint-stock company engaged in the production and sale of ready-mix concrete, for SAR65 million ($17.3 million).