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Building and construction show Big 5 opens in Dubai today

Global players, startups, digital disruptors, investors, ESG advisors, and policy makers will gather for the four-day event at Dubai World Trade Centre

Dar Al Arkan_3d printed villa

Saudi Arabia’s Dar Al Arkan completes first 3D printed villa at Shams Al Riyadh

Unlike traditional home-building methods, 3DCP cuts the construction time by more than half, is more flexible and requires less manpower since it takes only three workers to build one house

Arada photo courtesy WAM

Real estate developer Arada successfully closes $100m tap of sukuk issuance

Arada will use the proceeds from the tap for general corporate purposes and to support the development of its existing projects

Emirates Stallions Group

IHC subsidiary Emirates Stallions Group’s profit rises by 197% over last year

The engineering firm announced that revenues grew by more than 365 per cent to Dhs617m in the year to 30 September compared with the same period in 2021

Bayfront Project Al-Khobar Saudi Arabia

Saudi’s Ajdan Real Estate Development Company to develop SAR250m Bayfront project in Al-Khobar

Bayfront will be located on the northern part of Al-Khobar’s beach, spanning over 100,000 square metres from the shore with a 1,600-square-metre island

Gitex Global: Dubai Municipality signs contract with British agency to develop construction system

Gitex Global: Dubai Municipality signs contract with British agency to develop construction system

Ordnance Survey will support Dubai Municipality to improve services for customers and stakeholders in the building and construction sector in the city

Arada_Aljada project in Sharjah

Arada awards two building contracts valued at Dhs454m in Sharjah’s Aljada project

The company said it has completed almost 1,500 homes at Aljada, including all 14 apartment blocks and a garden villa community in the first residential phase of the community

Why the outlook for the GCC’s construction sector is upbeat

Ambitious schemes linked to development, diversification and sustainability are favourable factors for the construction and real estate sector

UAE Construction

Special report: How UAE’s construction sector is back to business

Prominent property developers across the UAE are announcing a slew of high-end mixed-use projects

mmanuel De Smedt, managing director, Al Muqqaram Industry

Sustainable construction: Building a greener future for the region

Dubai is in third place globally in the list of cities with the highest number of ‘green’ buildings

midday work ban

UAE’s midday work ban ends on September 15

The midday work break, which came into effect on June 15, continued for 92 days

oro24

ORO24 Real Estate Developments: Driven by a grand vision

Founder and chairman Atif Rahman, tells us how the region’s construction sector is gearing up for more growth, his company’s focus on innovation and his flagship development, TORINO by ORO24 

Saudi giga projects - The Line, NEOM

Saudi Arabia: Real estate and infrastructure projects’ value tops $1.1tn since launch of Vision 2030

Global real estate consultancy Knight Frank said it’s tracking 15 giga projects in various phases of construction around the kingdom, many of which are new stand-alone super-cities

Nakheel unveils Dubai Islands' master plan (2)

Nakheel introduces master plan vision for Dubai Islands

Dubai Islands features over 20 kilometres of beaches, including a Blue Flag certified beach, approximately two square kilometres of parks and golf courses

ADNOC Drilling confirms $2bn in contracts for Hail, Ghasha Gas Development Project

ADNOC Drilling confirms $2bn contract award for Ghasha mega project

The contracts are valued at $1.3bn for Integrated Drilling Services and $700m for the provision of four island drilling units

Saudi Arabia’s Crown Prince announces design for ‘The Line’ in Neom

Saudi Arabia’s Crown Prince announces design of ‘The Line’ in NEOM

The design showcases how urban communities in the future will run on 100 per cent renewable energy, free from roads, cars and emissions

Borouge 4 construction to commence in Ruwais

Borouge 4 construction to commence in Ruwais, early phase underway

Upon completion, the new project will add an additional 1.4 million tonnes of polyethylene

ASCER Tile of Span

Spanish ceramics are making their presence felt in the Middle East, one tile at a time

Vicente Manuel Nomdedeu Lluesma, president of the Spanish Ceramic Tile Manufacturer’s Association, on Tile of Spain’s growing popularity in the Middle East, the sector’s focus on sustainability and other key trends

AMAF and Awqaf launch endownment projects In Dubai - image- WAM

UAE’s Awqaf, AMAF launch four endowment projects in Dubai worth Dhs56.2m

The new projects located across Dubai will be implemented from the fourth quarter of the year

construction

How digitalisation in construction can foster collaboration

Technology such as building information modelling is improving efficiency in construction by ensuring time savings and cost reductions

Leveraging plastic_construction_workers

Insights: Leveraging recycled plastics in the construction sector

According to Plastics Europe, just under half of post-consumer recycled plastic is now used in building and construction, including for bricks and fences

Midday work break in the UAE to start from June 15

Under the rule, working under direct sunlight will not be allowed between 12.30-3pm

Sheikh Mohamed bin Zayed Al Nahyan has ordered the completion of all housing grant applications submitted in previous years through the Sheikh Zayed Housing Programme, at a total cost of around Dhs2.3b

Sheikh Mohamed bin Zayed orders completion of pending housing grant applications

The President has ordered the completion of all housing grant applications through the Sheikh Zayed Housing Programme, at a total cost of around Dhs2.3bn

Adnoc borouge

ADNOC delivers fourth consecutive record-setting IPO on ADX

The retail offering, which attracted higher retail demand than any UAE IPO in nearly 20 years, was 74 times oversubscribed

SPID Houlihan Lokey Imperial Avenue

Houlihan Lokey raises around $200m for Shapoorji Pallonji for project in Downtown Dubai

Imperial Avenue, a 45-floor residential tower, is Shapoorji Pallonji’s flagship real estate project in the UAE

Jubail Island ADIB financing

ADIB signs off Dhs500m Sharia’a-compliant deal to develop Jubail Island

The funding will cover the construction of up to 453 villas and 133 townhouses as part of the Phase 1 development of Jubail Island

Alec

UAE’s Alec launches subsidiary to revamp data centre construction across MENA

The company will employ the group’s in-house civil, MEP, and technological expertise to help corporations

Saudi wealth fund may make major investment in building firms

Talks between Public Investment Fund and the four contractors are at an early stage

UAE’s Emirates Steel’s exports reach 56 markets in 2020-21

Emirates Steel’s exports represented 45 per cent of its total sales volumes last year, with the balance sold within the UAE

Four trends to reboot the GCC construction sector in 2022

Rising up to these opportunities will not only offer up success, but set early-movers apart as industry role models