Construction & Real Estate

Construction & Real Estate

Al Majdiah to develop 296 residential units in Madinah

Mon, 14 Sep 2026

Al Majdiah Real Estate Company has signed an agreement with Jadwa Al Maqar Real Estate Fund, represented by Masaken Noura Real Estate Company, for the development of 296 residential units - a mix of 66 villas and 230 apartments - within the Mishraf Al Majdiah project in Madinah.

Construction & Real Estate

Expo 2030 Riyadh, Mohammed Al Habib Real Estate sign $853m JV deal for Expo Village

Mon, 14 Sep 2026

Expo 2030 Riyadh and Mohammed Al Habib Real Estate Company (MAHR) have signed an SAR3.2 billion ($853 million) joint venture agreement for the development and delivery of the Expo Village, the residential community for Expo 2030 Riyadh.

Construction & Real Estate

Amaala Yacht Club kicks off ops as Red Sea emerges as marine tourism hub

Mon, 14 Sep 2026

Red Sea Global (RSG) has announced that Amaala Yacht Club has officially begun operations, marking a major milestone in establishing the Red Sea as a new global marine tourism hub. Designed by HKS Architects, the yacht club draws inspiration from the sculpted rock formations of the Red Sea coastline.

Construction & Real Estate

WSP lands design contract for King Fahd International Airport

Mon, 14 Sep 2026

Global engineering and professional services firm WSP has secured the design contract for the development of King Fahd International Airport in Dammam. The project scope includes expansion of passenger terminals, upgrading of facilities and improving airport entrances and access roads.

Construction & Real Estate

AI native real estate firm Huspy acquires Dubai brokerage LuxuryX

Mon, 14 Sep 2026

Huspy, a leading AI-native real estate company in the Middle East and Europe, has acquired Dubai-based luxury real estate brokerage LuxuryX, thus marking a significant expansion of its UAE real estate business. The strategic buy supports the upcoming launch of Huspy Signature, its new luxury real estate brand, next month.

Construction & Real Estate

Azeri group Zakh opens solar panel, BIPV manufacturing facility in RAK

Mon, 14 Sep 2026

Zakh Renewable Energy and Engineering Manufacturing, a leading industrial group in Azerbaijan, has announced the launch of its new solar panel and BIPV façade solutions manufacturing facility on a 30,000 sq m area within the Al Ghail Industrial Zone in Ras Al Khaimah.

Construction & Real Estate

Wynn Al Marjan Island reveals Mayfair, Paris luxury apartments

Mon, 14 Sep 2026

Wynn Al Marjan Island has unveiled two ultra-luxury accommodations, the Mayfair Apartment and Paris Apartment, positioned as the largest and highest residences within Enclave, the resort’s boutique hotel concept.

Construction & Real Estate

Work in full swing at Sheraton-branded homes in Ras Al Khaimah

Mon, 14 Sep 2026

Atara Development said steady progress is being made on its premium project - The Residences at Sheraton Al Marjan Island Resort in Ras Al Khaimah - with shoring, piling and foundation works in full swing. On completion, it will boast 168 furnished homes with a mix of one- and two-bedroom units.

Construction & Real Estate

Ajman Real Estate Investment Exhibition opens

Mon, 14 Sep 2026

The fourth edition of the Ajman Real Estate Investment Exhibition has opened, bringing together leading real estate developers, senior officials, policymakers, experts and industry specialists.

Construction & Real Estate

Top Jeddah building expo to draw 300 leading firms

Sun, 13 Sep 2026

The fourth edition of the Jeddah International Building Exhibition (Jibex) opens this week drawing more than 300 exhibitors from local and international companies representing investment, commercial, and industrial sectors.