UAE-based Azizi Developments has announced that work is in full swing on its premium project - Rêve - located within Phase IV of its French Mediterranean-inspired waterfront community Riviera in Dubai - with the project now achieving 65% construction milestone.
Riyadh's real estate market is undergoing profound transformation, driven by strategic shifts and Vision 2030 acceleration buoyed by the $22 billion metro; the 2.7 GW data centre pipeline and the $100 billion construction market, according to leading property expert JLL.
Kuwait has awarded an infrastructure contract worth KD77.7 million ($253 million) to Khalid Ali Al Kharafi & Brothers for its Shuwaikh Water Distribution Complex. The scope of work includes the construction, maintenance, and development of the existing facility.
Leading global players in airport construction sector including Indian groups GMR and Bengaluru International Airport Limited, Turkey’s TAV Airports as well as Irish group daa International are in the race to build the new airport in the Taif region of Saudi Arabia.
Carter Hones Associates said work is moving at a steady pace on its AED1 billion ($272 million) Gran Meliá Hotel project at the Port de La Mer, Jumeirah Dubai, and is on track for completion by the end of 2026. A five-star beachfront resort, it will feature 366 guest rooms and suites.
UAE developer Meraas has awarded the construction contract for its new Riwa apartments at Madinat Jumeirah Living. Set for completion in Q3 2027, the project comprises three 10-storey buildings with 244 premium apartments and other amenities.
Leading developer Mered has appointed NSCC International as the enabling works contractor for Riviera Residences, its landmark waterfront development on Al Reem Island in Abu Dhabi featuring more than 400 apartments, 12 exclusive villas and a penthouse.
Saudi-based Nesma Infrastructure & Technology has secured a SAR840 million ($224 million) contract for the construction of 230/115/34.5kV substation in Jubail. The project scope includes OHTL and associated replacement works.
Samsung E&A, a total solutions provider for the global energy industry, has launched its new green hydrogen production solution, 'CompassH2-P', developed in collaboration with Nel Hydrogen.
Bahrain’s government has awarded tenders worth $3 billion (BD1.155 billion) during the first nine months of 2025, government procurement regulator, the Tender Board, announced at the prestigious investment forum, Gateway Gulf 2025.
