Home Industry Construction

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

Korea Eximbank and Saudi Aramco deal

Saudi Aramco signs $6bn deal with Korea Eximbank

The deal comes amid expectations of lucrative business opportunities in Saudi Arabia and the Middle East

Saudi launches company to develop world's largest downtown in Riyadh

Saudi launches company to develop world’s largest downtown in Riyadh

The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues

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

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

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

Alec

UAE’s Alec Group furthers regional expansion through acquisition

The firm has signed a share purchase agreement to acquire Target Engineering Construction Company

Technologies underpinning sustainability in the GCC's construction industry

Technologies underpinning sustainability in the GCC’s construction industry

The UAE is committed to achieving net-zero emissions by 2050 and the construction sector is a vital part of this strategy

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

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

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

mmanuel De Smedt, managing director, Al Muqqaram Industry

Sustainable construction: Building a greener future for the region

Dubai is in third place globally in the list of cities with the highest number of ‘green’ buildings

midday work ban

UAE’s midday work ban ends on September 15

The midday work break, which came into effect on June 15, continued for 92 days

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

ADNOC Drilling confirms $2bn in contracts for Hail, Ghasha Gas Development Project

ADNOC Drilling confirms $2bn contract award for Ghasha mega project

The contracts are valued at $1.3bn for Integrated Drilling Services and $700m for the provision of four island drilling units

Saudi Arabia’s Crown Prince announces design for ‘The Line’ in Neom

Saudi Arabia’s Crown Prince announces design of ‘The Line’ in NEOM

The design showcases how urban communities in the future will run on 100 per cent renewable energy, free from roads, cars and emissions

Borouge 4 construction to commence in Ruwais

Borouge 4 construction to commence in Ruwais, early phase underway

Upon completion, the new project will add an additional 1.4 million tonnes of polyethylene

ASCER Tile of Span

Spanish ceramics are making their presence felt in the Middle East, one tile at a time

Vicente Manuel Nomdedeu Lluesma, president of the Spanish Ceramic Tile Manufacturer’s Association, on Tile of Spain’s growing popularity in the Middle East, the sector’s focus on sustainability and other key trends

AMAF and Awqaf launch endownment projects In Dubai - image- WAM

UAE’s Awqaf, AMAF launch four endowment projects in Dubai worth Dhs56.2m

The new projects located across Dubai will be implemented from the fourth quarter of the year