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Middle East Construction News
1+ day, 6+ hour ago (176+ words) The Saudi Ministry of Energy has announced that it has awarded 8 licences to major energy industry players for the setting up of LPG filling and storage facilities, as well as the wholesale distribution of LPG across the Kingdom. Unigaz Arabia…...
KAFD DMC secures US $3. 2bn Murabaha facility
3+ day, 7+ hour ago (200+ words) King Abdullah Financial District Development and Management Company (KAFD DMC) has secured a US $3. 2bn, 15-year, senior-secured Murabaha facility, its first independently secured debt facility. Arranged with a syndicate of leading local and regional financial institutions, the facility demonstrates market confidence in…...
SAB and Retal launch US $502mn fund for Saudi project
1+ week, 20+ hour ago (467+ words) Middle East Construction News SAB Invest has joined hands with Retal Urban Development Company for the launch of a CMA-regulated real estate investment fund valued a US $502mn. The project will be developed on a 19, 000sqm site in Riyadh's Almalqa district. In…...
Masdar delegation visits worlds tallest, smartest net-positive government building
1+ week, 1+ day ago (209+ words) Middle East Construction News Saeed Mohammed Al Tayer, MD and CEO of DEWA received Mohamed Jameel Al Ramahi, CEO of Masdar, and his delegation at Al Shera'a, DEWA's new headquarters in Al Jaddaf. The building is said to be the…...
Sweid & Sweid signs TEC to bring premium workspace to Sweid One, DMCC
1+ week, 1+ day ago (559+ words) Middle East Construction News Sweid & Sweid has signed The Executive Centre (TEC) to operate over 53, 000sqft of premium flexible workspace at Sweid One, introducing a high-quality serviced office offering in Jumeirah Lakes Towers (JLT) within the DMCC freezone. The agreement marks…...
MAF awards ECC US $544mn contract for Ghaf Wood projects
1+ week, 2+ day ago (383+ words) Middle East Construction News Majid Al Futtaim has awarded a US $544. 56mn contract to ECC as the main contractor for Capria East and Capria West, including Maravelle Residences, at Ghaf Woods. The appointment marks a major construction milestone for Ghaf Woods,…...
KEPCO wins contract for Jafurah Power Plant Project
1+ week, 4+ day ago (233+ words) Korea Electric Power Corporation (KEPCO) has won the contract for the second phase of the Jafurah combined cycle power plant project in Saudi Arabia, according to a news report. The state-owned Yonhap News Agency reported that the company signed a…...
Danube Properties opens new sales office in Central London
2+ week, 18+ hour ago (273+ words) The office will feature dedicated marketing suites and VR tour experiences for investors to make well-informed decisions through immersive property showcases and interactive project presentations Danube Properties has inaugurated a new sales office in Central London. Situated at 44 Brompton Road,…...
AECOM calls for "responsible progress" ahead of World Environment Day 2026
2+ week, 1+ day ago (748+ words) AECOM's Middle East leadership team is calling for the region's next generation of infrastructure to balance scale and speed with environmental stewardship, resilience and long-term social value. The call comes in alignment with World Environment Day 2026 " one of the UN's…...
DSV opens 30, 000sqm warehouse in JAFZA
2+ week, 2+ day ago (243+ words) Located within DSV's JAFZA South Campus, the new warehouse further strengthens DSV's operational footprint in Dubai DSV and Arcapita Group Holdings Limited have announced the completion of a new 30, 000sqm build-to-suit logistics warehouse at Dubai's Jebel Ali Free Zone (JAFZA). The…...