#Construction

Construction uae saudi arabia

Construction boom: UAE, Saudi Arabia expect surge in project numbers and values, says report

Majority of construction decision makers in the two countries are confident about the market conditions over the next 12 months

Saudi construction

An overview of the latest trends in the Saudi construction sector

The Saudi Arabian construction sector is undergoing a period of dynamic evolution, as the monarchy seeks to diversify its economy and increase foreign investment

QatarEnergy

QatarEnergy, CPChem begin construction of $8.5bn petrochemical facility

The plant is expected to startup in 2026

Museum of the future turns one

Dubai’s Museum of the Future turns one, here are its key milestones

The Museum of the Future has welcomed more than a million visitors since it opened last February

Saudi’s PIF invests $1.3bn in four local construction companies

The transactions are part of the fund’s strategy to enable the kingdom’s strategic sectors

DAMAC awards main works contract for Cavalli Tower_2

DAMAC awards Dhs886m main works construction contract for Cavalli Tower

China State Construction Engineering Corporation will carry out main works construction of the 71-storey Cavalli Tower

National

National Marine Dredging Group achieves 30% growth in net profit during 2022

The group’s total assets increased to Dhs16bn, an increase of 24 per cent compared with total assets at December 31, 2021

Arada awards Dhs475m contract to build Vida Aljada hotel complex in Sharjah

Sharjah’s Arada awards Dhs475m contract to build Vida Aljada hotel complex

The contract to build the four-building complex was awarded to a Dubai-based company with civil and industrial construction experience

PIF adds Diriyah project to its portfolio

Saudi Arabia’s PIF announces Diriyah as its fifth giga project

The sovereign wealth fund’s other giga projects include NEOM, Red Sea, Qiddiya and Roshn 

Construction

Building green: How the UAE’s construction sector is promoting sustainability

Real estate developers have rapidly embraced the concept of net-zero buildings and accelerated their transition to eco-friendly construction

Dubai Investments breaks ground on Danah bay

Dubai Investments breaks ground on Dhs1bn Danah Bay project on Al Marjan Island

Danah Bay will be a premium beach community with a resort-style retreat in Ras Al Khaimah

Conares opens Dhs150m colour-coated steel plant in JAFZA

Conares opens Dhs150m colour-coated steel plant in JAFZA

Exporting products to 26 countries across six continents, the company’s assets are currently estimated to be valued at Dhs2.5bn

Saudi Arabia’s construction sector strongest across MENA region, reveals JLL

Saudi Arabia’s construction sector strongest across MENA region, reveals JLL

Construction output growth in Saudi Arabia is anticipated to rise by 3.2 per cent in 2022, with a further annual average growth rate (AAGR) of 4 per cent between 2023 to 2026 as indicated by Global Data

Construction

Building and construction show Big 5 opens in Dubai today

Global players, startups, digital disruptors, investors, ESG advisors, and policy makers will gather for the four-day event at Dubai World Trade Centre

Abu Dhabi

Abu Dhabi’s GDP grows 11.2% in the first half of 2022

Abu Dhabi’s non-oil GDP grew to Dhs273bn, contributing more than 50 per cent to the emirate’s real GDP

Eng. Abdulaziz bin Saleh Al-Aboudi, CEO of Thakher Development Company photograph (1)

How Thakher Development Company aims to support Saudi Arabia’s tourism goals

Engineer Abdulaziz bin Saleh Al-Aboudi, CEO of Thakher Development Company shares how it is supporting Vision 2030, its key milestones and the company’s future plans

Dar Al Arkan_3d printed villa

Saudi Arabia’s Dar Al Arkan completes first 3D printed villa at Shams Al Riyadh

Unlike traditional home-building methods, 3DCP cuts the construction time by more than half, is more flexible and requires less manpower since it takes only three workers to build one house

Arada photo courtesy WAM

Real estate developer Arada successfully closes $100m tap of sukuk issuance

Arada will use the proceeds from the tap for general corporate purposes and to support the development of its existing projects

Nakheel’s Mohammed Rashed highlights the company’s latest projects and focus on sustainability

The master developer’s chief projects officer tells us how its upcoming projects, including Tilal Al Furjan and Murooj Al Furjan, are coming along and why sustainability is key to its strategy

Emirates Stallions Group

IHC subsidiary Emirates Stallions Group’s profit rises by 197% over last year

The engineering firm announced that revenues grew by more than 365 per cent to Dhs617m in the year to 30 September compared with the same period in 2021

Bayfront Project Al-Khobar Saudi Arabia

Saudi’s Ajdan Real Estate Development Company to develop SAR250m Bayfront project in Al-Khobar

Bayfront will be located on the northern part of Al-Khobar’s beach, spanning over 100,000 square metres from the shore with a 1,600-square-metre island

Gitex Global: Dubai Municipality signs contract with British agency to develop construction system

Gitex Global: Dubai Municipality signs contract with British agency to develop construction system

Ordnance Survey will support Dubai Municipality to improve services for customers and stakeholders in the building and construction sector in the city

Arada_Aljada project in Sharjah

Arada awards two building contracts valued at Dhs454m in Sharjah’s Aljada project

The company said it has completed almost 1,500 homes at Aljada, including all 14 apartment blocks and a garden villa community in the first residential phase of the community

Why the outlook for the GCC’s construction sector is upbeat

Ambitious schemes linked to development, diversification and sustainability are favourable factors for the construction and real estate sector

UAE Construction

Special report: How UAE’s construction sector is back to business

Prominent property developers across the UAE are announcing a slew of high-end mixed-use projects

oro24

ORO24 Real Estate Developments: Driven by a grand vision

Founder and chairman Atif Rahman, tells us how the region’s construction sector is gearing up for more growth, his company’s focus on innovation and his flagship development, TORINO by ORO24 

Saudi giga projects - The Line, NEOM

Saudi Arabia: Real estate and infrastructure projects’ value tops $1.1tn since launch of Vision 2030

Global real estate consultancy Knight Frank said it’s tracking 15 giga projects in various phases of construction around the kingdom, many of which are new stand-alone super-cities

Nakheel unveils Dubai Islands' master plan (2)

Nakheel introduces master plan vision for Dubai Islands

Dubai Islands features over 20 kilometres of beaches, including a Blue Flag certified beach, approximately two square kilometres of parks and golf courses

Ajman construction contracts' value rises in H1 2022

Value of construction contracts in Ajman crosses Dhs2.1bn in H1 2022

Construction contracts in the emirate rose in value by 11 per cent compared to the two previous years

construction

How digitalisation in construction can foster collaboration

Technology such as building information modelling is improving efficiency in construction by ensuring time savings and cost reductions