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.
Dubai Municipality unveiled the ‘Blue and Green Spaces Roadmap 2030’ at the World Governments Summit as part of a comprehensive strategic vision to develop a balanced and integrated urban ecosystem. The roadmap includes a portfolio of projects valued at more than AED4 billion ($1.1 billion).
Dubai witnessed notable progress in the pace of real estate project completion in 2025, with the number of completed projects rising to 124, marking a 7% increase and a total value of AED27.5 billion ($7.49 billion), reflecting a 23% increase.
Qatar's Public Works Authority (Ashghal) has announced progress on 20 new projects with a total estimated value of QR11.5 billion ($3.16 billion).
The Kingdom of Saudi Arabia has launched a new national privatisation strategy to significantly expand the role of public-private partnerships (PPPs) in delivering and operating large-scale projects and advancing economic diversification in line with Saudi Vision 2030.
The Royal Commission for Riyadh City (RCRC) has announced Package 3 of the Riyadh Main and Ring Road Axes Development Programme, comprising six major projects with a total budget of over SAR8 billion ($2 billion). This package is scheduled for completion within 4 years.
