Construction & Real Estate

Aldar announces $762m residential development plan in Abu Dhabi

Leading UAE developer Aldar is set to build two integrated communities in Mohamed Bin Zayed City and Baniyas in Abu Dhabi that will deliver 9,000 new residential units across the emirate. With AED2.8 billion ($762 million) gross development value, these projects will add to Aldar’s develop-to-hold pipeline. ...

Construction & Real Estate

ADIB strengthens tie-up with Jubail Investment Company to deliver major project

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail Investment Company (JIC). ...

Construction & Real Estate

Oman awards $483m infrastructure development project contracts

Oman has awarded contracts worth RO186.3 million ($483 million) for two key infrastructure development projects - the Muscat Expressway Expansion and the Ibra Road Dualisation. The scope of work includes construction of independent two-lane flyovers as well as key road expansion. ...

Construction & Real Estate

Aldar awards $18bn development contracts across UAE in 2025

Leading Abu Dhabi developer Aldar said it had awarded contracts worth AED66 billion ($18 billion) in 2025, covering a diverse portfolio of residential, commercial, infrastructure, and logistics projects, thus underscoring the continued pace of development across the UAE. ...

Construction & Real Estate

Abu Dhabi fund launches $2bn global water platform

Abu Dhabi Fund for Development (ADFD) has announced the launch of a strategic initiative designed to accelerate impactful development projects, unlock new investment opportunities that advance the global water sector. The platform is set to mobilise $2 billion from major financing institutions. ...

Construction & Real Estate

Oman floats tender for new road development project at Sezad

Omani authorities have announced the launch of a tender for the construction of a 30.8-km-long road network within the Special Economic Zone at Duqm (Sezad). The project covers several residential areas and the light and medium industries zone across seven sub-plans. ...

Construction & Real Estate

Meraas kicks off two new phases of City Walk development

Meraas has launched two new phases - Crestlane 4 and 5 - of the City Walk development featuring 360 premium homes. Each phase comprises two mid-rise towers set around landscaped green spaces, flowing water features and open views of Dubai skyline. ...