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Saudi Arabia spearheading regional green building sector growth

The Kingdom of Saudi Arabia has emerged as a regional leader in Green Building sector achieving the highest performance score of 76.31 points and registering over 1.03 million sq m of certified areas reported...

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Aldar issues $1bn hybrid notes to Apollo to support growth momentum

Aldar Properties has issued a 1.0 billion in subordinated hybrid notes to Apollo Global Management through a private placement raising additional capital to support its strong growth momentum. The transaction...

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DMCC opens The Plaza at Uptown Dubai

DMCC a leading international business district in Dubai has opened The Plaza at Uptown Dubai a 21 000 sq m open-air space that anchors the district s masterplan. Designed to host corporate gatherings conferences...

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Saudi Arabia leads in green buildings with 1m sq m of certified areas

Saudi Arabia s green building sector reached a pivotal milestone transitioning from technical design practices to an institutionalized system driven by measurable performance indicators and strategic partnerships....

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GCC residential supply to top 7.28m units by 2030; big growth in office space too

The Gulf s real estate story is entering a new growth phase with both residential and commercial segments poised for significant expansion over the next five years. A new report by Alpen Capital projects...

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Azizi launches new residential project in Al Jaddaf district

UAE-based Azizi Developments has announced the launch of its latest residential development in the vibrant and strategically located Al Jaddaf district. The Azizi Jaddaf Beach Oasis introduces a distinctive...

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ArcelorMittal to set up third manufacturing plant in Sharjah

ArcelorMittal Projects part of the world-leading steel and mining group ArcelorMittal has announced plans to launch its third plant at the Hamriyah Free Zone in Sharjah (HFZA) covering an area of 1.4 million...

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Qube Development inks Dubai's first-time home buyer deal

Qube Development a renowned real estate developer known for creating uniquely designed communities across the UAE has signed a memorandum of cooperation with Dubai Economic Development Corporation (DEDC)...

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Shuaiba-5 desal project in Makkah achieves big production boost

Saudi Water Authority (SWA) has announced that one of its major projects - Shuaiba Desalination Plant Project - Phase 5 has successfully boosted its daily output from 600 000 cu m/day to 665 000 cu m/day...

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Keolis appoints new CEO for Middle East & Eastern Asia

Keolis Group a global leader in shared mobility and public transport has appointed Youenn Dupuis as CEO Middle East & Eastern Asia. In this strategic leadership role Dupuis will lead the expansion and...

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Abu Dhabi’s real estate market delivers record $38.67bn deals

Abu Dhabi s real estate market recorded total transactions worth a record AED142 billion ( 38.67 billion) from 42 814 deals in 2025 representing a 44% increase in value and a 52% rise in transaction volume...

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Aldar unveils 740-unit Wilds Residences in Dubai

Leading Abu Dhabi developer Aldar has announced the launch of The Wilds Residences a key project comprising six mid-rise apartment buildings nestled within The Wilds the company s landmark nature-driven...

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Roshn inks $146m deal to develop prime plot in Riyadh community

Roshn Group Saudi Arabia s leading multi-asset class real estate developer powered by sovereign wealth fund PIF has signed a strategic agreement with Sateaa Altameer For Real Estate to develop 108 000...

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ilmi Science Discovery and Innovation Centre at Misk topped off

The ilmi Science Discovery and Innovation Centre has reached a major construction milestone with a topping-off ceremony signalling steady progress on what is set to become one of Riyadh s landmark developments....

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Elsewedy consortium achieves key Rabigh 1 expansion milestone with $1.4bn SEC deal

A consortium of Elsewedy Electric and Siemens Energy has achieved a major milestone in the expansion of Saudi Arabia s Rabigh 1 power plant following the signing of a SAR5.3 billion ( 1.4 billion) energy...

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Al Ghurair signs up BSBG, Turner & Townsend for Dubai Canal project

Al Ghurair Collection the super-prime residential portfolio of Al Ghurair Development has appointed Brewer Smith Brewer Group (BSBG) as Lead Consultant and Structural Engineer and Turner & Townsend as...

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