Construction & Real Estate

Construction & Real Estate

Dubai Holding Real Estate, CBD launch home financing programme

Wed, 10 Jun 2026

Dubai Holding Real Estate, an integrated master developer, has partnered with Commercial Bank of Dubai (CBD) to launch a new home financing programme for eligible customers purchasing properties across key developments such as Nakheel, Meraas and Dubai Properties.

Construction & Real Estate

Arclin acquires DuPont's Aramids business, including Kevlar, Nomex brands

Wed, 10 Jun 2026

Arclin, a global materials science company, has announced that it has completed the acquisition of DuPont’s Aramids business, including the renowned Kevlar and Nomex brands, for approximately $1.8 billion.

Construction & Real Estate

VA Tech Wabag consortium wins 60 MLD Ajman sewage plant contract

Tue, 09 Jun 2026

India-based VA Tech Wabag, a global leader in water and wastewater treatment solutions, has announced that its consortium has secured a major contract for the development of the third phase of Ajman Sewage Biorefinery Plant in UAE with a 60 million litres per day treatment capacity.

Construction & Real Estate

Umm Al Qura unveils new mixed-use urban destination in Makkah

Tue, 09 Jun 2026

Saudi developer Umm Al Qura has announced the launch of Masar Gardens, a mixed-use urban destination in Makkah featuring residential, commercial, hospitality, and public-use components backed by extensive infrastructure, green spaces, pedestrian pathways and modern mobility solutions.

Construction & Real Estate

Nemetschek unveils ‘Connected Construction’ vision at Project Qatar 2026

Tue, 09 Jun 2026

Nemetschek, a key software provider for architecture, engineering and construction industry, is showcasing its Connected Construction vision at the Project Qatar 2026, highlighting how digital solutions across the entire building lifecycle can help firms boost efficiency, sustainability and project delivery outcomes.

Construction & Real Estate

L&T lands $992m Kuwait energy infrastructure development contracts

Tue, 09 Jun 2026

Indian construction and engineering conglomerate Larsen and Toubro (L&T) has secured a major contract worth KD303.5 million ($992 million) from Kuwait Oil Company for the construction of export crude storage facilities as well as providing key upgrades to its key energy infrastructure.

Construction & Real Estate

Canadian group Cority boosts Saudi presence with new regional HQ

Tue, 09 Jun 2026

Canadian group Cority has announced a significant expansion of its presence in Saudi Arabia with the launch of its new regional headquarters. Its cloud-based architecture enables organisations to centralise EHS data, improve transparency, and give teams a clearer, faster view of risk across operations.

Construction & Real Estate

First Avenue fund targets prime Saudi education real estate assets

Tue, 09 Jun 2026

First Avenue for Real Estate Development has signed an agreement with SNB Capital, Dar Al Majed and Rekaz to set up an investment fund that will acquire and build educational facilities across Saudi Arabia. This comes as part of First Avenue's strategy to diversify its portfolio and income streams.

Construction & Real Estate

GFH, Octo in deal to develop $300m logistics and industrial platform

Tue, 09 Jun 2026

GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia.

Construction & Real Estate

Reportage breaks ground on its premium residential project at Saadiyat Island

Tue, 09 Jun 2026

UAE-based real estate developer Reportage Group has officially broken ground on its premium residential project, SENSI, on Saadiyat Island. The key Abu Dhabi development aims to offer a distinctive architectural identity rooted in elegance, intentionality, and emotional connection.