Tag: investment

Construction & Real Estate

Dubai records $29.3bn in completed real estate projects in H1

Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report. ...

Construction & Real Estate

Abu Dhabi gears up for its inaugural Water & Power Week

Abu Dhabi has announced plans to host its first Water & Power Week in December, that will draw top policymakers, investors, utilities, tech firms and international organisations to discuss water security, infrastructure investment and innovation. The three-day will be held alongside the United Nations Water Conference 2026. ...

Construction & Real Estate

Unigaz Arabia in deal to develop integrated Saudi gas storage plant

Saudi authorities have announced the signing of a key investment contract with Unigaz Arabia for the development of an integrated gas storage, filling and distribution plant coming up on a 200,000-sq-m site in the kingdom's Hail region, said a report. ...

Construction & Real Estate

Kuwait property investment deals hit $1.5bn in H1, says report

Kuwait’s investment property sector continued to lead real estate activity in the first half of 2026 with the transactions hitting KD574.2 million ($1.8 billion) across 655 deals during the first half of 2026 compared with KD828 million ($2.6 billion) across 687 deals during the same period in 2025. ...

Construction & Real Estate

AMD, Saudi PIF unit to set up $10bn AI Infrastructure powerhouse

Global semiconductor company AMD and Humain, Saudi Arabia’s new AI enterprise, have announced a landmark investment of up to $10 billion to build a next-generation AI infrastructure ecosystem spanning Saudi Arabia and the US. ...

Construction & Real Estate

PIF-backed Ardara, Sumou launch $1bn phase of Saudi mixed-use project

Ardara Company, a unit of Saudi Arabia's sovereign wealth fund PIF, has joined hands with Sumou Holding for the launch of the second phase of its prime Al Wadi development in Abha region, coming up on a 300,000 sq m area at a total investment of more than SAR4 billion ($1.04 billion). ...

Construction & Real Estate

BlackBrick bullish on Abu Dhabi's long-term residential property outlook

Luxury property advisory BlackBrick has identified Abu Dhabi as one of UAE's most compelling long-term residential investment markets, as economic diversification, government-backed masterplanning and international investment continue to boost confidence in the capital's long-term outlook. ...

Construction & Real Estate

IRTH Group enters construction sector with new contracting unit

IRTH Group, a real estate investment platform, has announced the launch of IRTH Contracting, a dedicated construction arm for its expanding portfolio of developments, thus bringing its development and construction operations under one integrated business. ...

Construction & Real Estate

Oman's United Solar completes $1.6bn funding round

Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector arm of the World Bank Group. ...

Construction & Real Estate

Asas Makeen sets up new fund for Riyadh land development

Saudi-based Asas Makeen Real Estate Development has signed a framework agreement with two key entities - Middle East Financial Investment and Binaa Altharwat Company - to set up a real estate investment fund for the development of prime land owned by the company in Riyadh. ...

Construction & Real Estate

Mabani Aljazeera plans big investment in premium Kenyan residential tower

Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities. ...

Construction & Real Estate

Dubai announces $4.9bn infrastructure development projects

Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report. ...

Construction & Real Estate

Al Ramz, Oud Capital to launch $267m Saudi real estate fund

Saudi-based Al Ramz Real Estate has joined hands with Oud Capital to set up a new shariah-compliant real estate investment fund with a target size of over SAR1 billion ($267 million). It aims to develop more than 800 residential units on 70,516 sq m of company-owned land in the kingdom. ...

Construction & Real Estate

Dubai Residential REIT buys Jebel Ali townhouses cluster for $243m

Dubai Residential REIT, the GCC’s largest real estate investment trust, has announced the successful acquisition of 220 townhouses at Jebel Ali Village for AED894 million ($243 million) and their addition to its investment portfolio. The cluster comprises a mix of three- and four-bedroom units in a family-oriented community. ...

Construction & Real Estate

Arcapita, Hines eye investments in GCC industrial, logistics real estate

Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region. ...

Construction & Real Estate

GFH, Octo in deal to develop $300m logistics and industrial platform

GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia. ...