Abu Dhabi’s real estate market recorded a total trading volume of AED94 billion ($25.6 billion) across 29,400 transactions during the first nine months of 2025, marking a 43.3% increase in value and a 48% surge in transaction volume compared with the same period last year.
Bringing together participants from over 165 countries, with 70% solutions from international companies, Big 5 Global will connect Middle East, Africa and South Asia’s (MEASA) construction and urban development ecosystem to a global network of suppliers, manufacturers and technology providers.
The 12th annual CONFEX, a major industry event for the facility management sector ended on a successful note featuring over 800 participants from across 12 countries, thus cementing FM's role in the region's $2.7 trillion construction pipeline.
The construction of the Dubai Metro Blue Line has reached 10 percent completion, just five months after its ground-breaking ceremony in June 2025.
The construction sector maintained a remarkable growth in Dubai, with a value addition of AED16 billion ($4.36 billion) in H1 2025, said a report.
Sweid & Sweid, a leading real estate development company, has appointed London-based McLaren Construction as the main contractor for BAY360, its upcoming mixed-use development and lifestyle destination in Jumeirah Lakes Towers (JLT). With the enabling works now complete, the project is set for completion in Q1 2028.
The question is no longer how to build bigger data centres. It is how to deploy infrastructure fast enough to keep up with AI, says Roger (Zhaoyang) Wang, General Manager of Global Data Centers, Alibaba Cloud Intelligence.
Saudi Arabia’s construction activity expanded for a fifth consecutive month in September, although the pace of growth eased from August, according to a report. The activity increased across the key sectors of residential, non-residential structures and infrastructure supported by new orders.
Saudi-based Diriyah Company has announced that it has awarded two major construction contracts worth SAR2.73 billion ($720 million) to build six luxury hotels and three residential assets in Diriyah Square, thus boosting Diriyah’s position as an urban destination to live, work and visit.
Leading luxury project developer Sobha Realty has announced that one of its key subsidiaries has broken ground on Anantara Siniya Island Resort and Anantara Residences Sobha Siniya Island in the northern emirate of Umm Al Quwain, featuring 125 hotel keys and 125 Anantara-branded residences.
