Construction & Real Estate

Dubai sets new record with lowest electricity customer minutes lost

Dubai Electricity and Water Authority (Dewa) has announced that it has set a new world record for the lowest electricity customer minutes lost (CML), at just 0.82 minutes (about 49 seconds) per year. With this, the Dubai utility has surpassed its own previous world record of 0.94 minutes in 2024. ...

Construction & Real Estate

Diriyah sets new concrete pouring record at Gyratory Tunnel Extension project

Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has achieved a major construction milestone with the completion of 7,193 cu m of concrete pouring within a record 15.5 hours for the Gyratory Tunnel Extension in Phase II of the giga Diriyah project. ...

Construction & Real Estate

Al Hamra breaks RAK property record with new Sky Palace sale

UAE developer Al Hamra has achieved a key milestone with the sale of the Sky Palace at its prime development - Waldorf Astoria Residences Ras Al Khaimah - for $35.4 million, marking the highest-value single-unit residential transaction ever recorded in the northern emirate. ...

Construction & Real Estate

Dubai records strongest residential year in 2025; nets $149bn in sales

Dubai has recorded its strongest residential year on record for 2025, with the total sales value reaching AED547 billion ($149 billion), up 28% year-on-year, across 203,000 transactions as demand, liquidity and prices all advance together, said a new report. ...

Construction & Real Estate

Alba hits record 1.623MT aluminium production in 2025

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has delivered a historic production record of 1.623MT in 2025 over the previous year's figure of 1.622 MT, thus underscoring its resilience, disciplined operations and commitment to sustainable growth. ...