The new site will increase Linencraft’s operational capacity by more than 50 per cent, allowing Emirates Flight Catering create 400 direct jobs
Construction
construction industry
Knight Frank bullish on Egypt as project pipeline valued at $565.5bn
$120bn of projects currently under construction; outlook strong, with major opportunities in chemical, power and transport sectors
Arada
UAE megaproject: Arada awards $16.3mn Masaar Central retail hub construction contract
The AED60 million contract has been awarded to Intermass, the Sharjah-based contractor already working on several residential phases at Masaar
Al Ain
Al Ain Club signs 30-year deal for community development project
The agreement centres on the redevelopment of Al Ain Club’s Al Amerah branch into a community hub
Arada
Dubai real estate: Arada awards $184.5mn contract for Armani Beach Residences at Palm Jumeirah
The conglomerate has a track record of on-time delivery, which Arada says aligns with its commitment to setting new standards for the Dubai residential market
MERED
MERED launches new summer internship for architecture, real estate graduates
MERED will provide hands-on experience in real estate development
Abu Dhabi
Mubadala begins construction of Abu Dhabi Al Maryah Waterfront enhancement project
Abu Dhabi’s Al Maryah Island will feature a 30-metre luminous sphere and AI-Powered water features
Federal Tax Authority (FTA)
UAE tax authority issues $872mn VAT refunds to nationals building new homes
Between June 2024 and June 2025, the FTA approved more than 7,000 new applications worth AED653.1 million
Diriyah
Diriyah awards $1.53bn contract to build landmark arena and office district
New 20,000-seat Diriyah Arena and mixed-use complex mark major milestone in Saudi Arabia’s Vision 2030 transformation
Diriyah
Saudi real estate: Diriyah awards $600m contract for retail hub as project hits $26bn milestone
Salini Saudi Arabia to build 73 Najdi-style buildings across 365,000 sqm as part of flagship Diriyah Square development
infrastructure projects
UAE announces MAJOR $205mn Emirates Road expansion
The project, with an estimated cost of AED750 million, is scheduled to begin in September 2025 and will span two years
contractors
Dubai announces major new contracting law
Dubai introduces new law to unify contractor classification, establish an oversight committee and e-registry, and enforce transparency and sustainability in contracting sector
Construction
Middle East construction: Saudi Arabia’s building boom faces rising costs and labour crunch
Saudi Arabia’s construction boom is leading to rising costs in a building sector driving economic growth in the Kingdom
Riyadh Metro
Saudi Arabia construction output hits $148bn in first half 2024, up 4.6% year-on-year
The figures, released in Knight Frank’s Saudi Arabia Construction Landscape Review, show construction in the Kingdom has grown year-on-year since 2020
Dubai Design District
Dubai Holding signs new deal with Select Group for Palm Jebel Ali development
The deal marks Dubai Holding’s first strategic land sale with a third-party developer at Palm Jebel Ali
Dubai construction
Dubai suspends 2 engineering firms, announces major upgrade to contractor evaluation system
Dubai Municipality suspends two engineering consultancy offices for six months and unveils a new contractor evaluation system to boost construction sector
Dubai Investments
Pane and gain: Dubai Investments glass division shatters production record with 14.8 million sqm in 2024
Strong growth across Emirates Glass, Emirates Float Glass and Saudi American Glass highlights rising demand in Dubai