Roshn Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed an agreement with Dawiyat Integrated Telecom and IT Company, a unit of Saudi Energy, to develop fibre-optic telecommunications infrastructure within its Aldanah community in Dhahran.
Tabreed Bahrain, a leading provider of sustainable district cooling solutions in the kingdom, has appointed Arabian International Company as the engineering, procurement and construction (EPC) contractor for the expansion of its chilled water network in the northern seafront area of Manama.
Perma-Pipe International, a global leader in pre-insulated piping and leak detection systems for oil and gas sector, has secured contracts for district heating and cooling projects in UAE and Saudi Arabia, thus strengthening its position in the region as demand rises for energy-efficient infrastructure.
Dubai Integrated Economic Zones Authority has entered into an agreement with Dutch group Volt for setting up an AI-ready data centre facility in Dubai Silicon Oasis. Under this, DIEZ will provide land and core infrastructure, while Volt UAE will be responsible for the development, finance and lead construction of these facilities.
Leading UAE developer Aldar has sold 80% of the homes released at its key project - Yas Park Place - located in the heart of Yas Island, Abu Dhabi generating over AED800 million ($218 million) in sales. A mid-rise residential community, it features six buildings offering a collection of studios, one-, two- and three-bedroom homes.
The northern emirate of Ras Al Khaimah has secured AED12.4 billion ($3.37 billion) worth of sales across 6,600 residential property transactions in 2025, with the off-plan segment accounting for 85% of deals, said a real estate expert, adding a total of 8,400 new homes are in the RAk property pipeline until 2028.
HFCL, a key provider of GenNext communications technologies, has announced the availability of its IO portfolio in Kuwait through Alghanim Engineering in collaboration with Bahrain-based Northstar Technology Company. These solutions are well positioned to support projects across construction, oil & gas and utilities.
Qatar's Public Works Authority (Ashghal) has announced that over 90% work is now complete at Sidra - Education City project and is on track for opening by year-end. Spanning 74,000 sq m, the key educational facility features a main two-storey building with classrooms and multi-purpose halls.
Saudi Power Procurement Company (Principal Buyer) has launched the qualification bid process for the second group of Battery Energy Storage System (BESS) projects. The combined capacity of Group 2 BESS projects is 3000MW for a 4-hour storage duration (12,000 MWh).
Dar Global, the London-listed luxury real estate developer, has appointed Al Dahlawi Company for Contracting as the contractor to deliver works at Amaya, its flagship masterplan development in Jeddah.