Construction

Construction & Real Estate Lifestyle

Satco wins $105 Diriyah park construction contract

Thu, 09 Jul 2026

Diriyah Company has awarded the main construction works contract worth SAR393 million ($105 million) to Saudi Arabian Trading & Construction Company (Satco) for its Heroes’ Park, a landmark lifestyle project coming up within its masterplanned development.

Industry, Logistics & Shipping Construction & Real Estate

ASG Plastic Factory to start work on Saudi expansion project in Q3

Wed, 08 Jul 2026

Saudi-listed ASG Plastic Factory Company has announced that construction of its fourth expansion project at Sudair Industrial and Business City is expected to begin by the end of the third quarter, with commercial production targeted for the first quarter of 2028.

Construction & Real Estate

Riyadh Metro Red Line extension set for tunnelling phase

Wed, 08 Jul 2026

Construction of the Riyadh Metro Red Line extension has reached a major milestone with the completion of manufacturing and factory acceptance testing of the tunnel boring machine (TBM) that will be used to excavate the King Saud University-Diriyah Gate underground section, said a report.

Construction & Real Estate Energy, Oil & Gas Industry, Logistics & Shipping

Fluor snaps up long-term PMC agreement from Aramco

Tue, 07 Jul 2026

Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio.

Construction & Real Estate

Ajman launches $490m infrastructure development programme

Tue, 07 Jul 2026

Ajman Municipality has announced the launch of its key agenda AM30x30, comprising 30 projects - including modern road network, expansion of green spaces and development of premium community facilities - across five strategic packages at a total cost of AED1.8 billion ($490 million).

Construction & Real Estate

Saudi residential, infrastructure projects drive construction growth in June

Tue, 07 Jul 2026

Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.

Construction & Real Estate Travel, Tourism & Hospitality

Hassan Allam wins contract for Ras El Hekma luxury hotel, residences

Mon, 06 Jul 2026

Hassan Allam Holding, a leading engineering and construction company, said one of its key units has secured a contract from Modon Ras El Hekma to build a luxury hospitality and residential project - Montage Hotel and Branded Residences - at Ras El Hekma in Egypt’s North Coast.

Construction & Real Estate

Tomorrow World awards key Dubai Islands project contract

Mon, 06 Jul 2026

UAE-based Tomorrow World Properties has officially appointed SKR Building and Contracting (SKR) as the main contractor for its new premium development, Tomorrow 166, located on Dubai Islands. The construction work is officially underway, with handover set for Q4 2027.

Construction & Real Estate Industry, Logistics & Shipping

Saudi Arabia's June project awards top $7.9bn, says report

Mon, 06 Jul 2026

Saudi Arabia awarded 25 projects in June 2026 — the highest monthly total during the year — valued at more than SAR29.5 billion ($7.9 billion), reported SPA, citing official data. Of this, the construction sector accounted for the largest share, with 14 projects worth more than SAR20.6 billion ($5.4 billion).

Construction & Real Estate Lifestyle

Mabani Aljazeera plans big investment in premium Kenyan residential tower

Sat, 04 Jul 2026

Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities.