Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail Investment Company (JIC).
Leading UAE developer Aldar is set to build two integrated communities in Mohamed Bin Zayed City and Baniyas in Abu Dhabi that will deliver 9,000 new residential units across the emirate. With AED2.8 billion ($762 million) gross development value, these projects will add to Aldar’s develop-to-hold pipeline.
Oman has awarded contracts worth RO186.3 million ($483 million) for two key infrastructure development projects - the Muscat Expressway Expansion and the Ibra Road Dualisation. The scope of work includes construction of independent two-lane flyovers as well as key road expansion.
Leading Abu Dhabi developer Aldar said it had awarded contracts worth AED66 billion ($18 billion) in 2025, covering a diverse portfolio of residential, commercial, infrastructure, and logistics projects, thus underscoring the continued pace of development across the UAE.
Meraas has launched two new phases - Crestlane 4 and 5 - of the City Walk development featuring 360 premium homes. Each phase comprises two mid-rise towers set around landscaped green spaces, flowing water features and open views of Dubai skyline.
Bahrain’s Eskan Bank has announced 140 investment opportunities to develop heritage properties across six neighbourhoods in Muharraq city. The key initiative, being implemented in co-ordination with the Bahrain Economic Development Board, is aimed at preserving the historic district’s cultural identity.
Muscat Municipality will be showcasing 12 development opportunities, including four seafront projects, at the upcoming Urban October 2026 expo in the Omani capital. The portfolio includes the redevelopment of Qurum’s beach and mangrove waterfront, new commercial buildings near Muttrah’s historic port and a coastal promenade in Seeb.
The Saudi Ministry of Industry and Mineral Resources, in collaboration with Imam Mohammad Ibn Saud Islamic University, has launched the Industrial Ideas Development Programme.
VAST Data and Hyperfusion have announced plans to integrate the VAST AI Operating System into Hyperfusion’s Sentinel modular AI infrastructure as its preferred data platform.
Abu Dhabi Fund for Development (ADFD) has announced the launch of a strategic initiative designed to accelerate impactful development projects, unlock new investment opportunities that advance the global water sector. The platform is set to mobilise $2 billion from major financing institutions.
