Construction & Real Estate

Dubai warehouse rental values surge 10pc to $490m in H1

Dubai’s warehousing sector has secured a total rental value of AED1.8 billion ($490 million) during the first half of 2026, up 10% over the same period last year. Around 10,000 warehouse leases were signed in H1, while the renewals rose 22% year-on-year to reach a new half-year record, said a report. ...

Construction & Real Estate

The Space 14 Estate launches new warehousing development in DIP 2

The Space 14 Estate has announced the launch of a new warehousing and commercial development in Dubai Investments Park 2. The project, which comprises two buildings and 14 individual warehouse units connected by a 9-m-wide internal access road, is set for handover next year. ...

Construction & Real Estate

Saudi Global Ports breaks ground on logistics zone at Dammam

Saudi Global Ports has broken ground on its new SAR1.3 billion ($346 million) integrated logistics zone at Dammam. Spanning 1 million sq m, the key facility will provide modular warehousing and cold chain units as well as dedicated areas for petchem products....