The construction cost index in Saudi Arabia’s rose 2.3% year-on-year in August, driven by higher costs in both the residential and non-residential sectors. The construction costs in the residential sector surged 2.1% from a year earlier, while costs in the non-residential sector were up 2.6%.
ROSHN Group, Saudi Arabia’s leading master developer and a PIF company, is supporting a new chapter for international participation in the Saudi real estate market, as the Kingdom’s regulations governing non-Saudi property ownership create new opportunities for eligible international buyers and investors.
Dar Global, a leading luxury real estate developer, is reinforcing its commitment to the region's fastest-growing real estate markets by highlighting its flagship residential portfolio across Saudi Arabia and Qatar.
Global smart cities, including Riyadh, can unlock billions of dollars in economic value by treating their technology initiatives as a serious, high-performing investment class, rather than an experimental innovation spend, says a new report from JLL.
Al Mouj Muscat, Oman’s leading lifestyle destination, said it has handed over four completed buildings of Al Mouj Business Park to their owners. Spanning 39,000 sq m across eight mid-rise buildings in two districts, the Business Park features landscaped gardens and Grade A office space.
German fastening specialist fischer has been selected to supply its steel and chemical products for Saudi Arabia’s landmark Jeddah Tower, which is set to become the world’s tallest building when completed.
Saudi-based Umm Al Qura has signed an agreement with sustainable lifestyle real estate developer Numu for the construction of a SAR700 million ($185 million) serviced apartment tower within its Masar Destination in Makkah. The project will feature 460 hospitality units along with other amenities.
Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report.
China National Offshore Oil Engineering has announced the groundbreaking of its biggest international offshore project - Bul Hanine EPIC in Qatar - with a total contract value of $4 billion. The project is being developed in the country's Bul Hanine oilfield by QatarEnergy.
ACCIONA has reached a major health, safety and environment (HSE) milestone in Qatar, recording 20 million safe man hours without a lost time injury (LTI) across its water operations in the country.
