Adnoc has confirmed it is accelerating growth and delivery of its strategy with AED200 billion ($55 billion) in new project awards for 2026-2028. The planned project awards reinforce delivery of Adnoc’s five-year capital expenditure (Capex) plan approved by its Board of Directors last year.
Ras Al Khaimah is pushing ahead with its ambitious projects that meet the highest standards of quality and sustainability in a bid to cement its status as a leading global destination for investment, tourism and quality living, said its Crown Prince after reviewing the projects in Mina Al Arab area.
Empower Insulated Pipe Systems (Elips), a subsidiary of Emirates Central Cooling Systems Corporation, recorded strong operational performance for FY 2025 expanding its regional and international reach. The year also witnessed the addition of more than 30 new vital projects to Elips' business portfolio.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has declared that Dubai's projects are moving ahead, and work will not stop.
Burtville Developments has announced that construction across its projects in Abu Dhabi is progressing at a steady pace and in full alignment with the established development timelines. These include five in Masdar City and two each in Yas Island and Al Raha Beach respectively.
Dubai Investments has announced that work is moving at a steady pace on one of its premium mixed-use developments on Al Marjan Island in Ras Al Khaimah with its residential tower on track for Q1 2027 completion and its hotel unit by Q3 next year.
Saudi-based Shalfa Facilities Management Company has sealed a sharia-compliant credit facilities agreement with Saudi Awwal Bank for its operational activities and to fund its future projects. The funding will also be used for issuing bid bonds, letters of credit and project progress payment finance.
Leading Saudi companies and Syrian government entities signed a series of agreements covering aviation, communications, infrastructure, and development initiatives, during an official visit of a high-level Saudi delegation from the public and private sectors to Damascus.
Leading Abu Dhabi developer Aldar and Dubai Holding have expanded their landmark joint venture, adding two strategic land plots in Dubai that will deliver almost 14,000 new homes with a combined gross development value (GDV) of more than AED38 billion ($10.3 billion).
With the Middle East and Africa (MEA) expecting a $3 trillion project pipeline in real estate and infrastructure between 2026-2030, the region is poised for sustained high performance in 2026, according to JLL.
