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Tag: GCC

Construction & Real Estate

Gulf countries ink landmark rail agreement in Bahrain; target 2030 operations

The GCC countries have signed the landmark General Railway Agreement at a high-profile regional transport ministers' meeting in Bahrain. The Gulf bloc plans to complete a 2,117-km-long railway network connecting all six member states - from Kuwait to Oman - with full operations targeted by 2030-end....

Construction & Real Estate

GCC set to sign landmark 2,117-km railway pact in Bahrain

The GCC countries are set to sign the General Railway Agreement at a high-profile regional transport ministers' meeting in Bahrain this week. The Gulf bloc plans to complete a 2,117-km-long railway network connecting all six member states - from Kuwait to Oman - with full operations targeted by 2030-end. ...

Construction & Real Estate

Brookfield, Lunate join forces to develop premium homes in GCC

Leading global investment firms Brookfield and Lunate have launched Alya, a new platform focused on premium build-to-sell residential developments across the GCC, combining the global investment firm's development expertise with Lunate's regional networks....

Construction & Real Estate

Port of NEOM, Ceva Almajdouie to develop multimodal logistics corridor

Port of NEOM, a strategic deep-water maritime and logistics hub located at Oxagon within the mega Saudi futuristic city, haas signed an agreement with Ceva Almajdouie Logistics to explore integrated logistics solutions linking Europe, Egypt, Saudi Arabia, the GCC and Iraq through an emerging multimodal trade corridor....

Construction & Real Estate

Dar Global plans new Dubai fund to target GCC, EU, US property markets

Dar Global Capital Partners (DGCP), a unit of London-listed luxury developer Dar Global, has outlined a cross-border investment strategy targeting real estate opportunities across the GCC, Europe, UK and US. As part of this, DGCP is looking at setting up a dedicated Dubai-focused real estate opportunities fund. ...

Construction & Real Estate

Archi targets GCC buyers with new phase of $770m Georgia project

Archi, Georgia’s leading real estate developer, has unveiled the next phase of Archi Grand Avenue, a GEL 2 billion ($770 million) development in capital Tbilisi amid growing interest from GCC buyers in overseas property markets that offer both investment and lifestyle potential. ...

Construction & Real Estate

GCC industrial investments hit $426bn across nearly 22,000 factories

The GCC countries have built an investment base of $426 billion across nearly 22,000 factories, contributing 13% of regional GDP in 2025, said a report. About 40% of the industrial investments are concentrated in key sectors such as plastics, refined petroleum products, aluminium and iron and steel. ...

Construction & Real Estate

Student, senior living key drivers of GCC real estate growth, says expert

Student accommodation and senior living are key to shaping the GCC’s real estate sector over the next decade - in addition to other concepts like serviced living, co-living, private clubs and shared ownership, according to leading real estate advisory and property consultancy, Cavendish Maxwell. ...

Construction & Real Estate

Saudi Arabia spearheading $90bn GCC, North Africa hotel projects pipeline

The GCC and North Africa have about $90 billion worth of hotel and resort projects in the pipeline, adding nearly 200,000 rooms to the region’s existing supply, with the Kingdom of Saudi Arabia accounting for around half of this (110,000 rooms), said a report released ahead of a key industry event in Dubai. ...

Construction & Real Estate

AI, automation reshape GCC construction as CTF 2026 draws 1,400 leaders

More than 1,400 construction, real estate and data infrastructure leaders gathered in Dubai for the ninth edition of Construction Technology ConFex (CTF) 2026, as artificial intelligence, automation and the rapid expansion of digital infrastructure emerge as key forces reshaping the GCC’s built environment....

Construction & Real Estate

PPPs gain momentum across Mena as Gulf leads infrastructure shift

Public-private partnerships (PPPs) are becoming an important mechanism for infrastructure delivery across the Middle East and North Africa, with the Gulf region leading the shift as governments diversify their economies and expand private-sector participation, according to a report. ...

Construction & Real Estate

Arabian Drilling expands GCC footprint with new offshore contract

Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country. ...

Construction & Real Estate

Saudi Arabia drives GCC project markets in Q2 despite slowdown

Project awards in the GCC region for the second quarter surged to $59.4 billion, up 30% over last year supported by higher contract activity in Saudi Arabia and Oman, although activity slowed sharply from Q1, according to a report....

Construction & Real Estate

GCC construction activity robust; building materials supply up: Report

Construction activity across the Gulf region remains robust, supported by strong project execution and rising demand for building materials with concrete works up 10-13% and reinforcement steel up 16%, said a new report. The GCC currently has about $951 billion worth of projects under active execution. ...

Construction & Real Estate

GIP, L’IMAD, ADNOC, Temasek partnership eyes $30bn GCC infra investments

Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia. ...

Construction & Real Estate

KEO, MHA partner to deliver integrated data center solutions in GCC

KEO, a leading multidisciplinary consulting firm, and Margulies Hoelzli Architecture (MHA), a leader in data center and mission-critical design, have entered into a strategic partnership to deliver end-to-end data center solutions for developers and investors across the GCC and Europe. ...

Construction & Real Estate

Women now make up 23% of AtkinsRéalis workforce in GCC

Global consultancy AtkinsRéalis has announced significant progress in advancing gender diversity across its GCC operations. Women now make up 23% of the workforce, thus marking one of the fastest improvements in women’s representation within the region’s engineering and infrastructure sector. ...

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