Tag: projects

Construction & Real Estate

RAK Crown Prince reviews key Mina Al Arab projects

Ras Al Khaimah is pushing ahead with its ambitious projects that meet the highest standards of quality and sustainability in a bid to cement its status as a leading global destination for investment, tourism and quality living, said its Crown Prince after reviewing the projects in Mina Al Arab area....

Construction & Real Estate

Empower Insulated Pipe Systems delivers solid performance in 2025

Empower Insulated Pipe Systems (Elips), a subsidiary of Emirates Central Cooling Systems Corporation, recorded strong operational performance for FY 2025 expanding its regional and international reach. The year also witnessed the addition of more than 30 new vital projects to Elips' business portfolio. ...

Construction & Real Estate

Dubai Investments' RAK mixed use project set for 2027 completion

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. ...

Construction & Real Estate

Shalfa Facilities Management gets Saudi Awwal Bank funding

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. ...

Construction & Real Estate

Burtville sees prime Abu Dhabi projects on track

Burtville Developments has announced that construction across its projects in Abu Dhabi is progressing at a steady pace and in full alignment with the established development timelines. These include five in Masdar City and two each in Yas Island and Al Raha Beach respectively. ...

Construction & Real Estate

Dubai completes 124 real estate projects worth $7.49bn in 2025

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....

Construction & Real Estate

Saudi groups, Syria sign major development deals

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....

Construction & Real Estate

Mideast set to see $3trn real estate projects pipeline

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. ...

Construction & Real Estate

Dubai unveils ambitious $1.1bn Blue and Green Spaces Roadmap 2030

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). ...

Construction & Real Estate

Saudi Arabia unveils ambitious strategy to expand PPPs

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. ...

Construction & Real Estate

Dubai completes key infrastructure projects package for Al Quoz Creative Zone

Dubai’s Roads and Transport Authority has completed the package of infrastructure projects in Al Quoz Creative Zone in a bid to enhance its soft mobility and transport integration. The work includes construction of a 45-m pedestrian and cycling bridge as well as 4 km of dedicated walking and cycling tracks. ...

Construction & Real Estate

Riyadh announces $2bn main ring road axes development programme

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. ...

Construction & Real Estate

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

Acwa Power has announced that it has signed a co-operation framework with African Development Bank (AfDB) to significantly strengthen collaboration in the development and funding of power generation and water desalination projects worth up to $5 billion across Africa. ...

Construction & Real Estate

Refine announces $4.9bn project pipeline in Dubai

Refine, the UAE’s leading property development management company, has announced a new pipeline of developments in Dubai with a combined gross development value (GDV) exceeding AED18 billion ($4.9 billion). ...

Construction & Real Estate

Aldar to develop $1bn residential communities in Yas Island

Leading Abu Dhabi developer Aldar has announced a series of develop-to-hold projects at Al Shamkha, Yas Island worth AED3.8 billion ($1.03 billion). These will add over 2,600 residential units to the emirate’s housing supply. ...