Saudi Arabia's construction activity accelerated in August, driven by a robust increase in residential building and stronger new orders. The seasonally adjusted index rose to 55.4 in August from 55.2 in July, according to the latest Alrajhi capital Saudi Construction Index compiled by S&P Global.
Emirates Green Building Council is set to bring together industry leaders, policymakers, innovators and students for World Green Building Week, with its UAE programme focused on spotlighting female leadership in the sector as well as accelerating the shift towards low-carbon construction.
Construction is gathering pace on the first phase of the Islamic World District (IWD), one of the flagship developments within Knowledge Economic City (KEC) in Madinah, with 1,835 hospitality keys currently under construction across Clusters 1 and 2 and the district’s first permanent structures beginning to emerge.
The Institute of Construction Claims Practitioners (ICCP) will launch the ICCP Claims Management Protocol, a free framework designed to help contractors, consultants and employers manage construction claims in a structured and professional manner on October 7.
Club Hawaii @ Bahrain Surf Park, a first-of-its-kind surf and leisure destination at Bilaj Al Jazayer development in Bahrain has achieved a major construction milestone with the completion of lagoon filling ahead of its opening this year. Once operational, the surf park will generate up to 1,000 waves per hour.
Dubai developer Nakheel has awarded the main construction contract worth over AED800 million ($218 million) to Metac General Contracting for key phases of Bay Grove Residences on Dubai Islands. The deal covers the construction of 537 one- to four-bed homes across seven buildings.
Ritchie Bros. is all geared up for its Super September UAE edition, where it will be auction more than 1,100 pieces of construction and other heavy equipment. The unreserved auction in Jebel Ali comprises 72 excavators, 54 cranes and crane attachments, 54 wheel loaders and 17 dozers.
Investors, businesspeople, stakeholders, and specialists attended the fourth edition of the Jeddah International Building Exhibition (JIBEX) which opened at the Jeddah Centre for Exhibitions and Events.
Saudi Real Estate Company (Al Akaria), has awarded SAR479 million ($126 million) contracts to Mounes Mohamed Alshayeb and Partners for Civil Construction (MOBCO) and Saudi Arabian Parsons to carry out the structural and project management work for the first package of its Porta Jeddah mixed-use development.
UAE-based Azizi Developments handed over seven projects by the third quarter and now aims to deliver an additional 10 projects between now and December. Azizi currently has more than 150,000 units under construction at various stages, thus reflecting the scale and pace of its ongoing development pipeline.
