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Emirates Stell Arkan introduces new operating model Image credit Emirates Steel Arkan

UAE’s Emirates Steel Arkan introduces new operating model, creates 2 separate units

The new operating model has resulted in the creation of two separate business units – Emirates Steel and Building Materials

Modon Properties Al Hudayriyat Island image credit Modon Properties

Abu Dhabi unveils masterplan for Al Hudayriyat Island project

Over the next 18 months, Modon Properties will be focusing on the construction of enabling infrastructure for Phase 1 in line with the project’s approved plan

Red Sea Global partanna image- Red Sea Global

Saudi’s Red Sea Global, Partanna project to use carbon-negative concrete

Partanna, which uses recycled ocean water brine in its carbon-negative concrete, will supply Red Sea Global with 11,000 carbon-negative pavers initially for its landscape nursery

Sultan Haitham City image credit Twitter Oman News Agency

Oman unveils plans to build Sultan Haitham City

The smart and sustainable city will cover an area of approximately 15 million square metres

Housing platform launch Darak. Image credit: MOI by WAM

UAE government launches national housing platform ‘Darak’

The platform aims is to help citizens by managing their housing construction projects and to reduce the burden of costs

emirates steel arkan DNV to boost decarbonisation through five-year collaboration Image credit emirates steel arkan

Emirates Steel Arkan, DNV to drive decarbonisation in steel, building materials industry

The two entities have signed a Decarbonization Strategic Collaboration Agreement as part of a five-year collaboration

Dubai Municipality introduces new online system for building permits image Dubai media office

Dubai introduces new online platform for building permits, control services

The new system will help streamline procedures and reduce the required application documents, making it easier for customers to input data and track application updates

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

China grants Saudi Arabia Approved Destination Status

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 break - mohre

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