#Construction

How UK firms can revolutionise the GCC’s construction and sustainable infrastructure sector

By championing sustainable, low-carbon solutions, the UK is uniquely positioned to work in partnership with the GCC to achieve its ambitious infrastructure goals

Dubai Metro Blue Line set to begin operations in Sept 2029

Dubai Metro Blue Line to begin operations in Sept 2029

The new Blue Line will be designed to carry 46,000 passengers per hour in both directions, with a train frequency of approximately every two minutes, serving an estimated 200,000 passengers daily by 2030

Imtiaz Developments announces early handover of Westwood Grande

Imtiaz marks early handover of Westwood Grande in JVC, accelerates delivery of 4 projects by Q2 2025

Imtiaz Developments marks a significant milestone with the early delivery of Westwood Grande in JVC, while pushing forward to complete four more projects by mid-2025

Josine Heijmans-Senior Vice President-dmg events shares insights on the impact of events such as Big 5 on the construction and infrastructure sectors in the region

How Big 5 has impacted the future of construction in the region

As the largest and most influential gathering of construction professionals in the region, Big 5 Global has been fostering collaboration to shape the future of sector, says dmg Events’ Josine Heijmans

Insights: Reimagining communities for a sustainable future

Insights: Reimagining communities for a sustainable future

Urban transformation begins with visionary, intelligent design, says the chief executive officer – Real Estate at BEEAH

Cityscape Global Opens Doors Tomorrow in Riyadh, with Over 500 World Class Experts and 400 Renowned Exhibitors in Attendance

Cityscape Global kicks off in Riyadh, features new competitions

The four-day event has drawn participants from over 50 countries, including the US, the UK, China, and Germany

NMDC Group, Vingroup partner for coastal protection in Vietnam

UAE’s NMDC Group, Vingroup partner for coastal protection in Vietnam

The projects are expected to generate thousands of jobs for local communities, driving economic growth in Vietnam’s coastal regions and providing substantial social benefits

Al Laith's Jason English on supporting the region's evolving events sector

Al Laith’s Jason English on supporting the region’s evolving events sector

We explore how Al Laith has sustained its leadership by adapting to the region’s evolving needs, leveraging technology and innovation, and prioritising sustainability across its operations

Cityscape Global 2024: Tahaluf's Rachel Sturgess on aligning with Saudi's ambitious vision

Tahaluf’s Rachel Sturgess on how Cityscape Global aligns with Saudi’s ambitious vision

Cityscape Global 2024 offers a comprehensive platform for international city experts that addresses the future of urban development, real estate, and infrastructure, says the Tahaluf group director

Reboot for world’s tallest tower construction in Jeddah

Once completed, the Jeddah Economic Company (JEC) tower will rise over 1,000 metres and feature 157 floors, making it the tallest structure globally.

Arada concludes $150m sukuk tap; 3.2 times oversubscribed

Arada successfully concludes $150m sukuk tap

The tap was priced at $102.54, yielding 7.35 per cent, a 15 basis points tightening from initial pricing thoughts

Nakheel awards construction contract for Como Residences to Alec Engineering & Contracting

Nakheel awards Dhs1.8bn construction contract for Como Residences

The 75-storey luxury residential tower on Dubai’s Palm Jumeirah is scheduled for completion in Q2 2028

AI in construction

Why AI integration is critical for mega-projects: Lessons from the GCC

AI predictive models can help analyse historical data on the start and end dates of previous projects in order to create realistic timelines for future projects

Meraas awards Dhs850m contract for Bvlgari Lighthouse construction

Meraas awards Dhs850m construction contract for Bvlgari Lighthouse

Scheduled for completion in Q2 2027, the Bvlgari Lighthouse will offer uninterrupted views of the Arabian Gulf and Dubai’s iconic skyline

Dubai real estate trends from leading develoeprs GettyImages-1345007377

Building on growth: Dubai developers share key real estate trends

Well-known Dubai-based developers share insights into key trends shaping the offerings of Dubai’s real estate sector

Emaar Development reports 56% rise in property sales for H1

Emaar Development reports 56% rise in property sales for H1

In  H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)

Saudi Arabia mulls raising stake in Binladin Group

Saudi Arabia to raise stake in Binladin Group to boost construction sector

The government is considering helping pay off dues to banks, lending to the firm, and even potentially increasing its stake

Nabil Al Kindi - CEO of Dubai South Properties -

Dubai South Properties’ Nabil Al Kindi on supporting the emirate’s grand vision

The CEO of Dubai South Properties says the developer is on track to complete and deliver approximately 2,500 units by 2025

Aldar group reports robust h1 2024 performance image-Aldar

Aldar net profit surges 57% in H1 2024, revenue up by 73%

The company achieved a revenue of Dhs10.9bn, up 73 per cent YoY and EBITDA of Dhs3.9bn

Aldar to develop an office tower on SZR in Dubai Image Supplied

Dubai: Aldar to build office tower on Sheikh Zayed Road

The development will feature a grade A office tower with a net leasable area (NLA) of 88,000 sqm, complemented by a luxury boutique hotel and branded residences

Saudi Arabia is a key growth market, says Honeywell exec Phil Daniell

Saudi Arabia is a key growth market, says Honeywell’s Phil Daniell

The VP and GM of Honeywell Building Automation (META) delves into the company’s expansion strategy in Saudi Arabia, including the opening of its new facility in Dhahran

Emirates Steel, Eversendai partner for NEOM Trojena Ski Village project Image courtesy NEOM for illustrative purposes

Emirates Steel, Eversendai partner for NEOM Trojena Ski Village project

In line with the partnership with Eversendai, Emirates Steel will supply premium steel beams for the construction of the ski village

Egypt’s $50bn FDI boosts tourism, residential construction

Egypt’s $50bn FDI sparks growth in tourism, housing construction

The value of residential projects in Egypt totalled around $36bn in Q1 2024, ranking the country third after Saudi Arabia and the UAE

SAINT-GOBAIN FOSROC

Saint-Gobain agrees to buy Dubai-based FOSROC in all-cash deal

Since 2021, the Paris-based multinational has bought 35 companies

Saudi Arabia’s construction output value to hit $181.5bn by 2028

Saudi Arabia’s construction output value to hit $181.5bn by 2028, Knight Frank says

The ongoing transformation is being driven by Vision 2030, which aims to deliver more than 660,000 residential units and over 320,000 hotel keys

Dubai South: Final phase of South Bay project sells out in 4 hours

Dubai South: Final phase of South Bay project sells out in 4 hours

Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions

Gulf Business Breakfast meet: Shining the spotlight on cloud, AI and proptech   

Close to 100 industry professionals gathered for Gulf Business’ inaugural Business Breakfast meet, themed around the intersection of technology and business

George C0allas the CEO of Lifesize Plans Dubai talks about pre-construction technology and its advantages

How pre-construction tech is transforming the property sector

Building information modelling minimises waste, controls costs, coordinates workflows and optimises labour needs for future construction

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

As part of the plan, Tecom will invest Dhs966m to acquire commercial and industrial assets from Dubai Holding Asset Management

Jaumur by Neom

Introducing Jaumur, Neom’s new luxury coastal haven

Jaumur is an exclusive residential community that aims to accommodate 6,000 residents