Thursday, September 24, 2026
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Tag: UAE

Construction & Real Estate

Water investment key to powering AI, energy and global growth: UAE

Water is emerging as a critical constraint on the world’s biggest growth ambitions, from artificial intelligence and the energy transition to food security and rapidly expanding cities, as governments and investors confront a huge financing gap in water infrastructure....

Construction & Real Estate

Al Ghurair Development launches new residential address in Dubai South

UAE-based Al Ghurair Development unveils Tessera, a new residential address in Dubai South designed by Portugal-based architect Manuel Aires Mateus, aimed at bringing townhouse living experience to apartments. The first phase launch encompasses two-bedroom-plus to three-bedroom-plus homes, including duplex residences. ...

Construction & Real Estate

Metito Utilities seals Dubai South sewage plant maintenance contract

Metito Utilities has announced that it has been awarded the operation and maintenance (O&M) contract for the Dubai South Sewage Treatment Plant by Dubai World Central Corporation, thus strengthening its role in operating critical wastewater infrastructure in the UAE. ...

Construction & Real Estate

Lamprell named consortium partner for major UAE offshore project

Lamprell, a leading provider of contracting services to the energy sector, has announced that it has been signed up as part of a consortium with Indian construction and engineering conglomerate Larsen & Toubro (L&T) for a major offshore engineering, procurement, construction and installation project in UAE. ...

Construction & Real Estate

Aldar launches 351-unit villa community development at Saadiyat Island

Leading UAE developer Aldar has announced the launch of Talay, an exclusive collection of 351 standalone villas, marking the first residential community at Marsa Al Saadiyat in Abu Dhabi. The 6.4-million-sq-m development is located alongside an Etihad Rail underground station and includes 8 km of coastline. ...

Construction & Real Estate

Ritchie Bros. to auction more than 1,100 equipment lots in UAE

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. ...

Construction & Real Estate

GAA Living expands Middle East presence, opens new HQ in London

Responding to growing demand for GAA Living’s rental living advisory services, the sector-specialist consultancy has announced its expansion into the Middle East and the opening of a new headquarters in London’s West End. ...

Construction & Real Estate

Oman-UAE rail link set for trials in late 2027

Trial operations on the first railway linking Oman and the UAE are expected to begin in the fourth quarter of 2027, marking a major milestone in the development of a cross-border rail corridor designed to strengthen passenger travel, trade and logistics between the two countries....

Construction & Real Estate

DHG completes 430-unit Helvetia Residences project in Dubai

DHG Properties, a part of Swiss real estate group DHG, has announced the completion of its prime project - Helvetia Residences - at Jumeirah Village Circle in Dubai, thus delivering its first UAE residential development. The project features 430 apartments spread across 25 floors with more than 73,000 sq m built-up area. ...

Construction & Real Estate

Uniestate expands into Abu Dhabi with key Al Reem Island project

UAE boutique developer Uniestate is expanding into Abu Dhabi with the acquisition of a 3,000-sq-m plot on Al Reem Island, as it seeks to grow its residential and commercial development pipeline across the country. The company said it has delivered over 3,300 units across 4.5 million sq ft of developed space. ...

Construction & Real Estate

Wynn Al Marjan Island reveals Mayfair, Paris luxury apartments

Wynn Al Marjan Island has unveiled two ultra-luxury accommodations, the Mayfair Apartment and Paris Apartment, positioned as the largest and highest residences within Enclave, the resort’s boutique hotel concept....

Construction & Real Estate

UAE Ministry of Finance announces amendments to VAT Executive Regulation

The UAE has amended certain provisions of the Executive Regulation of the Federal Decree-Law on Value Added Tax (VAT), as part of its ongoing efforts to further develop the UAE's tax system to enhance tax transparency, improve the efficiency of implementation, and further align the VAT system with international best practices....

Construction & Real Estate

Flow expands into UAE with DIFC commercial licence

Flow, a global operator of branded residential real estate, has announced its expansion into the UAE after it was issued a Commercial Licence by the Dubai International Financial Centre (DIFC)....

Construction & Real Estate

Market uncertainty 'creates long-term investment opportunities in Dubai real estate'

Periods of market uncertainty have historically created some of the strongest long-term investment opportunities in Dubai's real estate market, according to Nisus Finance, which believes the UAE's strong macro-economic fundamentals, resilient regulatory environment and sustained population growth continue to support long-term investor confidence....

Construction & Real Estate

Innovo, Dubai PropTech to boost construction innovation across UAE

Innovo Group, a leading construction company, has joined hands with Dubai PropTech Hub, an initiative of Dubai International Financial Centre, to help accelerate construction innovation across UAE and the wider Global South spanning Africa, Asia, Middle East and Latin America....

Construction & Real Estate

UAE's PropTech sector to hit $1.6bn by 2032, says report

UAE's PropTech sector is poised for solid growth over the coming years with the market set to hit AED5.95 billion ($1.6 billion) by 2032 with a CAGR of 13.28% between 2026 and 2032, thanks mainly to Virtual Reality and Augmented Reality technologies that are driving this evolution, said a report. ...

Construction & Real Estate

ALEC H1 revenue jumps 68pc to $2.4bn on project execution

UAE-based engineering and construction group ALEC Holdings has recorded a 67.6% jump in its H1 revenue which rose to AED8.99 billion ($2.45 billion), helped by higher activity across its major projects, while profitability was hit by disruptions to energy services amid regional geopolitical tensions. ...

Construction & Real Estate

Emirates Global Aluminium net profit surges 34pc to $670m in H1

Emirates Global Aluminium (EGA) has announced robust results for the first half, recording a 34% jump in adjusted net profit which rose to AED2.46 billion ($670 million) from AED1.84 billion ($500 million) helped by higher realised aluminium prices and stronger regional premiums. ...

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