Construction & Real Estate

Construction & Real Estate

Ampo Poyam Valves wins supply contract for Aramco project

Sat, 25 Jul 2026

Spanish group Ampo Poyam Valves said it has been selected to supply 180 highly engineered large-size gate valves for Saudi Aramco’s Riyas NGL Fractionation Trains project. The EPC work is being handled by Técnicas Reunidas, a global engineering and construction company.

Construction & Real Estate

Kuwait's Al Hamra Real Estate retains key ISO certifications

Sat, 25 Jul 2026

Kuwait-based Al Hamra Real Estate said it has renewed three international ISO certifications for quality, environmental management and occupational health and safety, following a re-certification audit by Bureau Veritas. These certifications apply to the operations of Al Hamra Shopping Centre and Business Tower.

Construction & Real Estate

Bahrain opens first phase of North Isa Town Interchange project

Sat, 25 Jul 2026

Bahrain has announced the opening of the first phase of North Isa Town Interchange project, allowing traffic onto a new flyover designed to ease congestion on one of the kingdom's busiest highways. It is part of Bahrain's wider infrastructure development programme linking Riffa, A'ali, Sanad, Salmabad and Isa Town.

Construction & Real Estate

Saudi Binladin upgrades King Fahd Stadium for FIFA World Cup 2034

Sat, 25 Jul 2026

Saudi Binladin Group (SBG) has announced that it has begun redeveloping the King Fahd Sports City Stadium in Riyadh as the kingdom gears up for the 2034 FIFA World Cup. It involves the modernisation of the stadium as per global standards with a seating capacity for 70,200 spectators.

Construction & Real Estate

Union Properties Q2 revenue jumps 69%, firm enters new phase of growth

Fri, 24 Jul 2026

Union Properties has announced another strong set of financial results for the second quarter and first half of 2026, marking an important milestone in the company's transformation from financial restructuring to sustainable growth.

Construction & Real Estate

Dubai’s off-plan market raises the bar for next-gen developments

Fri, 24 Jul 2026

Dubai's real estate market recorded 87,800 transactions worth AED291.7 billion ($79.4 billion) during the first half of 2026, with off-plan properties accounting for 71% of all transactions, a report said.

Construction & Real Estate

Saudi Arabia tops global road connectivity rankings, says WEF

Thu, 23 Jul 2026

Saudi Arabia ranks first globally in the World Economic Forum's Road Connectivity Index, reflecting years of investment that have expanded the kingdom's road network to more than 73,000 km and improved connectivity across its cities and governorates.

Construction & Real Estate

Dewa expands power grid with $2.7bn transmission investment

Thu, 23 Jul 2026

Dubai Electricity and Water Authority (Dewa) has invested over AED10 billion ($2.72 billion) in power transmission network projects across the emirate, said its top official. The utility commissioned eight 132kV substations in H1 with a combined conversion capacity of 1,200MVA.

Construction & Real Estate

‘Sentient cities’ the next frontier in urban development, says experts

Thu, 23 Jul 2026

The future of urban development lies in building "sentient cities" that place residents at the centre of planning and decision-making, said experts at the World Governments Summit Organisation, calling for a shift from technology-driven urban planning to a more human-centred approach.

Construction & Real Estate

EWEC seals strategic partnership with Andaz Capital Gate Abu Dhabi

Thu, 23 Jul 2026

Emirates Water and Electricity Company (EWEC) has entered into a strategic partnership with Andaz Capital Gate Abu Dhabi, a five-star boutique lifestyle hotel from top hospitality group Hyatt, to power the property with clean energy, verified through Clean Energy Certificates.