Construction & Real Estate

Construction & Real Estate

Ritchie Bros. to auction more than 1,100 equipment lots in UAE

Thu, 17 Sep 2026

Ritchie Bros. is all geared up for its Super September UAE edition, where it will be auction more than 1,100 pieces of construction and other heavy equipment. The unreserved auction in Jebel Ali comprises 72 excavators, 54 cranes and crane attachments, 54 wheel loaders and 17 dozers.

Construction & Real Estate

Kempinski unveils 279-unit luxury residential development on Dubai creek

Thu, 17 Sep 2026

Kempinski Group, Europe’s oldest luxury hospitality company, has announced the launch of its prime development in Dubai - Kempinski Residences The Creek- featuring 279 luxury apartments surrounded by natural landscapes, offering a serene lifestyle complemented by premium amenities and exquisite services.

Construction & Real Estate

Abu Dhabi gears up for its inaugural Water & Power Week

Thu, 17 Sep 2026

Abu Dhabi has announced plans to host its first Water & Power Week in December, that will draw top policymakers, investors, utilities, tech firms and international organisations to discuss water security, infrastructure investment and innovation. The three-day will be held alongside the United Nations Water Conference 2026.

Construction & Real Estate

Parkin expands payment options through partnership with uPay

Thu, 17 Sep 2026

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, has entered into a partnership with uPay, a UAE-based payment solution provider, to enable Parkin wallet top-ups through uPay’s extensive kiosk network across the country.

Construction & Real Estate

Umm Al Qura inks deal to develop 250-unit residential project in Masar Destination

Thu, 17 Sep 2026

Saudi-based Umm Al Qura for Development and Construction Company, has announced that it has signed a land sale agreement with Rawajeh Group for the development of a residential tower in Zone 2 of its mega Masar Destination. The project will feature 250 residential units along with premium lifestyle amenities.

Construction & Real Estate

Unigaz Arabia in deal to develop integrated Saudi gas storage plant

Wed, 16 Sep 2026

Saudi authorities have announced the signing of a key investment contract with Unigaz Arabia for the development of an integrated gas storage, filling and distribution plant coming up on a 200,000-sq-m site in the kingdom's Hail region, said a report.

Construction & Real Estate

Dubai approves $953m road project linking Sharjah, Abu Dhabi

Wed, 16 Sep 2026

Dubai has approved the first phase of a 80-km New Fourth Corridor project linking Sharjah and Abu Dhabi, with the initial stage costing about AED3.5 billion ($953 million). To be implemented in two phases, the project scope includes construction of 72 bridges, 17 tunnels and 45 stormwater drainage culverts.

Construction & Real Estate

GAA Living expands Middle East presence, opens new HQ in London

Wed, 16 Sep 2026

Responding to growing demand for GAA Living’s rental living advisory services, the sector-specialist consultancy has announced its expansion into the Middle East and the opening of a new headquarters in London’s West End.

Construction & Real Estate

Oman-UAE rail link set for trials in late 2027

Wed, 16 Sep 2026

Trial operations on the first railway linking Oman and the UAE are expected to begin in the fourth quarter of 2027, marking a major milestone in the development of a cross-border rail corridor designed to strengthen passenger travel, trade and logistics between the two countries.

Construction & Real Estate

Aldar teams up with Mubadala to acquire Masdar City Square for $250m

Wed, 16 Sep 2026

Abu Dhabi business groups Aldar and Mubadala Investment Company have joined hands to acquire Masdar City Square, a premium complex located near Zayed International Airport for AED918 million ($250 million). The project, which got competed in Q1, boasts over 47,000 sqm of net leasable area across seven office buildings.