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Tag: retail

Construction & Real Estate

Mas Engineering wins contract to build 135,000-sq-m Riyadh complex

Mas Engineering & Construction, a leading EPC contractor based in Saudi Arabia, has secured a major contract to develop the Lemar Commercial Complex, a mixed-use project in Riyadh featuring a 22-storey five-star hotel, 10 office buildings as well as more than 50 retail units. ...

Construction & Real Estate

Arada enters Saudi Arabia with $3.8bn residential masterplan

UAE developer Arada has launched Arada KSA, marking its entry into Saudi Arabia with a AED14 billion ($3.8 billion) residential development in Riyadh. Spanning 2.5 million sq m, it will boast 3,500 villas and townhouses surrounded by 100,000 trees, with top-class amenities including a school, retail and sporting facilities. ...

Construction & Real Estate

Dubai launches trial operation of Glydways automated transit system

Roads and Transport Authority (RTA) has launched the trial operation of the Dubai Glydways automated transit system at a premium retail destination in the emirate - Bluewaters. The system uses autonomous electric vehicles supported by artificial intelligence technologies, operating on dedicated guideways. ...

Construction & Real Estate

Beyond unveils its second commercial development in Dubai

Beyond Developments has announced the launch of The Yards Plaza by Beyond, its second commercial development in Dubai located along Sheikh Mohammed Bin Zayed Road. Set for Q3 2029 completion, it brings together 272 offices across four blocks, complemented by retail and F&B at the lower levels. ...

Construction & Real Estate

Dubai CommerCity unveils $490m expansion plan for e-commerce infrastructure

Dubai CommerCity, a free zone focused on digital commerce, has launched a second expansion phase worth over AED1.8 billion ($490 million) that will add more than 91,000 sq m of office, retail and logistics space across the free zone’s business, social and logistics clusters....

Construction & Real Estate

Al Othaim unveils $4.3bn Saudi real estate investment plans

Saudi-based Abdullah Al Othaim Investment Company has launched a dedicated real estate development arm, Al Othaim Developments, with plans to invest over SAR16 billion ($4.27 billion) in about 10 projects comprising 8,000 residential units across several Saudi cities over the next two years. ...

Construction & Real Estate

Key Mavens Group's premium retail destination on track for Q4 completion

Key Mavens Group, a UAE-based boutique luxury developer, said work is in full swing on its community retail destination, Le Meryeme - Liwan, in Dubai with the project on track for Q4 completion. It features a Spanish-inspired architectural design defined by open layouts, outdoor courtyards and shaded terraces. ...

Construction & Real Estate

Roshn, Talaat Moustafa JV to develop 55,000-unit Riyadh project

Saudi developer Roshn has joined hands with Talaat Moustafa Group to set up a new venture that will be responsible for the development of a mixed-use community in Riyadh featuring more than 55,000 residential units along with key retail, hospitality, leisure and healthcare facilities. ...

Construction & Real Estate

Almajdiah, Capital Hill ink deal to develop $738m KEC residential project

Saudi Arabia’s Knowledge Economic City has signed an agreement with Almajdiah and Capital Hill for the development of a new residential project in Madinah at an estimated cost of SAR2.8 billion ($738 million). The project will boast around 2,700 residential apartments as well as 8,000 sqm net leasable commercial space....

Construction & Real Estate

Bloom Holding unveils final phase of integrated Abu Dhabi community

Bloom Holding, a premium communities master developer based in Abu Dhabi, has announced the launch of Alhambra, the final release of Bloom Living, its fully integrated and all-inclusive community in the UAE capital, featuring a mix of residential, retail and dining facilities. ...

Construction & Real Estate

DHCC breaks ground on $816m Dubai Creek Gardens residential project

Dubai Healthcare City (DHCC) has announced the groundbreaking of its AED3 billion ($816 million) master-planned residential development - Dubai Creek Gardens - which on completion will boast over 1,400 residences alongside curated retail and dining offerings. ...

Construction & Real Estate

Saudi retail, F&B market resilient as consumer spending hits $113bn

Saudi retail and food and beverage market maintained strong momentum in H1 supported by resilient consumer spending - which hit SAR425 billion ($113 billion) - as well as low inflation and expansion of the non-oil economy, according to Knight Frank....

Construction & Real Estate

Shamal to open Nad Al Sheba Gardens lifestyle hub in August

Dubai-based investment firm Shamal Holding has announced the unveiling of "The Grand", a retail and lifestyle destination at its Nad Al Sheba Gardens development, with the project fully leased ahead of its phased opening from August 19....

Construction & Real Estate

Dubai commercial property sales jump 183pc in H1, says report

Dubai's commercial property market recorded its strongest H1 performance in 2026, with sales up 183% over last year. The commercial property sales, including offices and retail units, surged to AED19.5 billion ($5.3 billion) through 3,415 deals in the first six months, said a top brokerage....

Construction & Real Estate

Knowledge Economic City in deal to develop $359m mixed-use project

Knowledge Economic City (KEC) has signed an agreement with Saudi group Alrashid Properties to develop a premium mixed-use project - the Multaqa Residences - in Madinah on a 149,520 sq m area. The SAR1.35 billion ($359 million) project will boast branded residences as well as retail and hospitality assets. ...

Construction & Real Estate

Saudi Downtown awards infrastructure contract for Al Khobar mixed-use project

Saudi Downtown Company, a unit of sovereign wealth fund PIF, has announced that it has awarded the design and infrastructure development works contract for Al Khobar Downtown, a major mixed-use lifestyle, retail and entertainment destination coming up in the kingdom’s Eastern Province. ...

Construction & Real Estate

Transformation reshapes Middle East retail real estate landscape, says expert

The Middle East retail real estate industry leaders are set to rethink the operating models as the forces reshaping the retail sector are converging faster than most operators recognise, said an industry expert, addding traditional space-centric models are no longer sufficient for what lies ahead. ...

Construction & Real Estate

Havelock One secures fit-out contract for The Avenues - Khobar

Havelock One, a leading interior fit-out contractor in the region, has announced that it has been signed up as the front-of-house fit-out contractor for The Avenues - Khobar, an ambitious mixed-use development coming up on a 820,000 sq m area in the Eastern Province of Saudi Arabia. ...

Construction & Real Estate

Shurooq, Afhad to develop key Sharjah plot into new retail destination

The Sharjah Investment and Development Authority (Shurooq) has signed an agreement with Afhad Holding to activate a 15,095-sq-m plot in Kshisha into a new retail destination, marking a key step in expanding commercial infrastructure across emirate's growing residential districts. ...

Construction & Real Estate

Emaar exits the JV structure for prime Syrian mixed-use project

Emaar Properties said it is in the process of exiting the JV structure relating to The Eighth Gate, its key mixed-use development in Damascus, thus marking a decisive new chapter in its long-standing relationship with Syria. With this move, the Dubai master developer will be operating in the country without any partner. ...

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