CONSTRUCTION NEWS

Get Noticed.

Send us your company’s news today and they could be featured on ABC’s Community News tomorrow.

MORE CONSTRUCTION NEWS

img

Ritchie Bros. Dubai gears up for its first 2026 auction

Ritchie Bros. Dubai a heavy equipment auction expert will host its first edition of the year next week offering more than 1 900 items - including a wide range of equipment vehicles and machinery - for...

Read More
img

GFH posts solid 2025 results; net profit surges 18.2% to $140m

GFH Group a leading regional financial group with interests in asset management and real estate sectors has reported a 18.2% growth in its net profit for FY 2025 supported by higher income from its wealth...

Read More
img

Indra wins renewal for Makkah-Madinah High-Speed rail O&M contract

Indra a Spanish aerospace defence and mobility systems group has announced that it has secured the renewal of its operation and maintenance contract for the Haramain High-Speed Line project from Saudi...

Read More
img

Dubai posts highest single-day real estate transaction value of $4.25bn

The Dubai real estate market recorded the highest single-day real estate transaction value in its history on January 26 of AED15.6 billion ( 4.25 billion) data released by the Dubai Land Department said....

Read More
img

Saudi - Qatar high-speed rail link wins Cabinet approval

Saudi Arabia s Cabinet has approved a landmark agreement with Qatar to establish a 785-kilometre electric high-speed railway linking Riyadh and Doha paving the way for one of the Gulf s most ambitious...

Read More
img

Worley secures engineering services contract for Qatar LNG project

Worley a leading Australian engineering company has been awarded a contract by Samsung C&T Corporation to deliver detailed engineering services for the QatarEnergy LNG Carbon Dioxide Sequestration Project....

Read More
img

Royal Development announces sellout of Rotana Al Reem Island homes

Royal Development Holding a premier UAE-based real estate developer and a subsidiary of Emirates Stallions Group has successfully sold out its AED1 billion ( 272 million) Rotana Residences Al Reem Island...

Read More
img

Construction costs climb worldwide; Saudi Arabia leads regional rise at 4pc

The construction costs globally are set to increase by 2.4% this year but growing uncertainty is the real challenge to project delivery according to Currie & Brown a world-leading provider of cost management...

Read More
img

New Murabba highlights investment pathways for private sector

New Murabba a Public Investment Fund (PIF) company highlighted the progress of Riyadh s new downtown from vision to delivery at the PIF Private Sector Forum held in Riyadh. During the event New Murabba...

Read More
img

Kamco Invest, Badie plan to develop iconic tower at Sports Boulevard

Kamco Invest a regional non-banking financial powerhouse with one of the largest assets under management in the Middle East announced the partnership with Badie Investment to establish a SAR500 million...

Read More
img

NBB customer wins Diyar Al Muharraq seafront villa prize

The National Bank of Bahrain (NBB) has announced Hani Ali Ebrahim as the winner of a luxury seafront villa at Al Naseem in Diyar Al Muharraq following the January Thara a Prize Account draw. This marks...

Read More
img

ALEC Holdings revenue up 56% to $3.43bn; net profit nearly doubles

ALEC Holdings a market-leading diversified engineering and construction group delivered a record set of results in FY 2025 with revenue rising 56% YoY to AED12.6 billion ( 3.43 billion) underpinned by...

Read More
img

New horse racing venue planned for Qiddiya, 21,000-seat grandstand

Qiddiya Investment Company has announced plans for a landmark new horse racing venue in Qiddiya City celebrating Saudi Arabia s deep-rooted equestrian heritage while shaping the future of horse racing...

Read More
img

Ion Exchange lands $191m PDO contract for water, sewage facilities

Ion Exchange one of the leading water and environment management solution companies in India has announced that its key subsidiary in Oman has secured a significant long-term contract worth RO73.5 million...

Read More
img

PIF unit in deal to acquire Saudi residential mortgage portfolio

The Saudi Real Estate Refinance Company (SRC) a subsidiary of the Public Investment Fund (PIF) has signed an agreement with Alawwal Bank a leading bank in the kingdom to acquire a residential mortgage...

Read More
img

DEWA stake in Empower jumps to 80% after $1.41bn deal with EPI

Dubai Electricity and Water Authority (DEWA) the emirate of Dubai s exclusive electricity and water services provider which is listed on the Dubai Financial Market (DFM) has increased its shareholding...

Read More