Construction

Saudi Arabia's Ministry of Sport has extended the submission deadline for the early works tender of King Salman International Stadium in Riyadh to December 1, 2026. The tender covers enabling works, site preparation and initial construction activities ahead of the main stadium development. The proposed stadium will span approximately 660,000 square metres and accommodate 92,000 spectators, alongside training facilities, hospitality areas and supporting sports infrastructure. Scheduled for completion by 2029, the venue is expected to play a major role in Saudi Arabia's preparations for the 2034 FIFA World Cup. SEO Caption: Saudi Arabia updates King Salman International Stadium early works tender, advancing the 92,000-seat landmark development in Riyadh.

A Qatari contractor has secured the mechanical, electrical, plumbing and technology contract for the Diriyah Arena development in Saudi Arabia. The main project works include construction of the Diriyah Arena, three office buildings and a dedicated parking facility. The contract highlights the growing participation of regional engineering and contracting companies in Saudi Arabia's major development projects. It also creates opportunities for specialised MEP and technology contractors as the wider Diriyah development continues to advance. SEO Caption: Qatari contractor secures Diriyah Arena MEP and technology contract, supporting construction of the arena, office buildings and parking facilities in Saudi Arabia.

TUI Hotels & Resorts has signed agreements for eight new hotels across four destinations, including five properties in Egypt and three in Europe. Most of the new hotels are scheduled to open in summer 2027, supporting the group's international expansion strategy and strengthening its TUI Blue hospitality portfolio. The developments will focus on destination-led accommodation, combining hotel services with leisure facilities and locally inspired guest experiences. The expansion represents further opportunities for hospitality development and construction investment in Egypt's tourism market. SEO Caption: TUI Blue signs five new Egyptian hotel agreements, supporting hospitality expansion and additional accommodation capacity ahead of summer 2027.

Dubai's registered mortgage transactions reached AED 150.15 billion during the first nine months of 2026, compared with AED 132.21 billion during the corresponding period last year, representing approximately 14% growth. Around 30,170 mortgage transactions were registered, with September alone accounting for AED 16.79 billion. The figures highlight the continued importance of property financing in supporting Dubai's real estate market, despite slower activity in certain off-plan segments. Off-plan villa and townhouse transactions also recorded growth, reflecting varying demand trends across different residential property categories. SEO Caption: Dubai mortgage registrations reach AED 150.15 billion in nine months, reflecting sustained real estate financing activity across the emirate.

The UAE's industrial real estate market recorded sustained demand during the third quarter of 2026, with occupancy rates in prime industrial locations in Dubai and Abu Dhabi approaching full capacity, according to JLL. New industrial leasing contracts in Dubai increased by 25.7% year-on-year, while average industrial rents reached AED 50 per square foot. The report highlighted growing demand from logistics and e-commerce operators, alongside increased investment in modern warehouses and specialised industrial facilities. The market outlook supports further development of industrial parks, advanced warehouses and logistics infrastructure across the UAE. SEO Caption: JLL reports strong UAE industrial property demand, with Dubai industrial leasing contracts rising 25.7% year-on-year in…

Dubai Electricity and Water Authority's new Al Shera'a headquarters has achieved the SPIRE DIAMOND rating, becoming the world's first building to receive the highest distinction under the Smart Building programme. The facility integrates artificial intelligence, Internet of Things technologies and digital twin systems to optimise energy consumption, building management and operational efficiency. The building incorporates more than 110,000 smart sensors and generates over 1.9 million automated control commands daily. It has also secured LEED Platinum certification in the New Construction category, establishing a benchmark for sustainable and intelligent government buildings. SEO Caption: Dubai's DEWA Al Shera'a headquarters becomes the world's first SPIRE DIAMOND-rated smart building,…

Moon World Resorts has appointed global consultancy Lerch Bates as multidisciplinary engineering consultant across its MOON Smart City masterplans. The appointment covers vertical and horizontal transportation, pedestrian circulation, building logistics, parking design, façade access, building enclosures and wayfinding systems. The collaboration aims to develop integrated engineering solutions that improve operational efficiency, mobility and the overall visitor experience across the proposed developments. The partnership highlights the growing role of specialised engineering consultancies in planning complex, large-scale urban and hospitality projects. SEO Caption: Lerch Bates joins MOON Smart City as multidisciplinary engineering consultant, supporting transportation,…

Azizi Developments has announced a major expansion of its in-house manufacturing operations across Dubai and Sharjah, increasing its industrial footprint to 143,000 square metres. The expansion includes a 114,000-square-metre precast concrete facility in Sajaa, Sharjah, alongside a 29,000-square-metre MEP manufacturing facility integrating nine production lines. The company's industrial ecosystem also includes specialised aluminium, joinery, steel fabrication and ready-mix concrete operations. These facilities will support major developments across Azizi's residential and commercial portfolio, including Burj Azizi, Azizi Venice and Azizi Florence, strengthening supply-chain control, production quality and construction delivery efficiency. SEO Caption: Azizi Developments expands its…

UAE developer H&H has accelerated construction on Dubai Peninsula, its AED 30 billion waterfront destination located along Dubai's Jumeirah coastline. More than 3,500 workers are currently deployed on site, with underground infrastructure works reaching 45% completion as the project progresses through its phased construction programme. The masterplan will feature internationally recognised hospitality brands, luxury residences, a superyacht marina, a one-kilometre private beach and more than two million square feet of landscaped gardens. The development is designed to establish a premium integrated destination combining waterfront living, hospitality and leisure facilities. SEO Caption: H&H accelerates its AED 30 billion Dubai Peninsula waterfront project, with underground…

Arista Properties has launched HQ Elite, an exclusive collection of premium, fully fitted workspaces within its HQ commercial development in Dubai's Al Furjan district. The boutique Grade A development comprises 48 offices distributed across seven floors, complemented by a dedicated amenities level designed to serve businesses, investors and entrepreneurs. The building has achieved LEED Gold certification, reflecting its sustainability credentials, while handover is scheduled for the fourth quarter of 2027. The launch coincides with continued construction progress across Arista's portfolio, including its Wadi Villas residential development. SEO Caption: Arista Properties launches HQ Elite in Dubai's Al Furjan, offering premium Grade A offices within a LEED Gold-certified commercial…

Palma Development has commenced construction on the second phase of Serenia District, a AED 5 billion master-planned residential community in Jumeirah Islands, Dubai. The phase introduces two residential towers, East Residence 2 and East Residence 3, rising 25 and 23 storeys respectively, offering premium apartments ranging from one to four bedrooms. The announcement follows the completion of foundation works at the first phase, West Residence, with main contractor Khansaheb Civil Engineering having commenced structural construction. Spanning more than 600,000 square feet of land, the wider development will feature six residential towers, a dedicated clubhouse and integrated wellness and recreational facilities. SEO Caption: Palma Development starts Phase Two of its AED 5 billion…

Dubai South has signed an agreement with UK-based Cheval Collection to launch Cheval South Bay, a new hospitality and residential development within its waterfront South Bay community. The project will comprise 193 units, including 98 serviced hotel apartments and 95 branded residences, with an opening scheduled for 2030. Located within Dubai South's Residential District, the development will benefit from a one-kilometre lagoon and direct connectivity to South Bay Mall. The partnership supports Dubai South's expansion into premium hospitality and branded residential developments, strengthening its position as an integrated destination for living, business and investment. SEO Caption: Dubai South partners with Cheval Collection to launch 193 luxury serviced apartments and branded…