Knowledge Economic City (KEC), together with its subsidiary Algharraa International Real Estate, has signed an agreement with BSF Capital to establish a private real estate fund for the development of Knowledge Gardens project, being set up within its premises in Madinah at an investment of SAR7.5 billion ($1.96 billion).
The UAE's office market remained undersupplied during the second quarter of 2026, driving double-digit rental growth in both Dubai and Abu Dhabi despite a challenging macroeconomic backdrop and ongoing regional disruptions, according to real estate expert CBRE.
Guggenheim Abu Dhabi museum will open its doors on December 11, 2026, further strengthening Abu Dhabi’s position as a leading global capital for the arts, the Department of Culture and Tourism – Abu Dhabi (DCT- Abu Dhabi) has announced.
Hassan Allam, a leading engineering and construction group, said its subsidiary, Hassan Allam Construction Saudi along with its joint venture partner UCC Holding Saudi, has officially signed the contract for Waldorf Astoria Hotel, Residences, & Mixed Use Superblock in Diriyah, Saudi Arabia.
Kuwait-based Combined Group Contracting has emerged as the lowest bidder for a KD160 million ($516 million) water treatment project in southern Kuwait. The scope of work for the winning bidder includes construction, operation and maintenance of the treated water facilities.
The Royal Commission for Riyadh City (RCRC) said it had completed the master plan for Northeast Riyadh, laying out the framework for the development of a 456-sq-km area earmarked for future infrastructure, housing and commercial investment.
Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai South dedicated to advancing the aviation industry, has announced that construction of its Sky Support Complex is on track for completion by the end of Q3 2026.
Mammoet, a global leader in engineered heavy lift and transport sector, has expanded its fleet in Saudi Arabia with the deployment of seven Mercedes-Benz trucks, 60 Goldhofer conventional axle lines, Azobé crane mats and all-terrain and crawler cranes as part of a major investment in the kingdom.
SharpMinds Consulting Engineers, a UAE-based multidisciplinary engineering and advisory firm, has announced the opening of its new Dubai office. The new studio located in Jumeirah will support the increasing demand for integrated, human-centric design and engineering solutions across the region.
Saudi group Mofarreh and Turkey's Gülsan Holding have set up a new joint venture to bid for and deliver major transportation infrastructure projects in Riyadh. The duo will be targeting construction of roads, bridges, viaducts, interchanges and related transport infrastructure.
