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Talaat Moustafa Group Holding (TMG), Egypt’s largest listed real estate developer, has formalised an agreement with Oman’s Ministry of Housing and Urban Planning to develop two landmark projects valued at RO1.5 billion ($3.9 billion) in Muscat. Signed on 19 May 2025, the agreement represents one of the most significant foreign direct investments in Oman’s property sector, delivering 13,000 residential and hotel units across 4.9 million square metres west of the capital, strat

KONE, a renowned Finnish engineering company, has set a significant milestone by securing a sub-contract to supply and install elevators and escalators for the Jeddah Tower in Saudi Arabia. This project is poised to redefine the skyline of the Middle East and elevate the standards of engineering and construction. With the tower scheduled to rise over 1,000 meters, it is set to become the tallest building in the world. In this blog post, we will explore the significance of KON

Contractors have submitted bids for the estimated SR4.2 billion, $1.1 billion, main construction package for Thee Erth, a high end mixed use project in Riyadh’s Al Yasmin district. The scheme includes a Raffles hotel, Sofitel branded serviced residences, and an MGallery villas resort alongside offices, apartments, and retail space. Foster and Partners is the architect, and Accor has been lined up to operate the hospitality components. The Importance of Thee Erth in Riyadh's C

Abu Dhabi has officially launched a new tram and light rail project, marking a big step forward for transport, tourism, and urban living in the UAE capital. Announced by the Abu Dhabi Transport Company (ADT) and approved by the Department of Municipalities and Transport, the multi-phase system will connect iconic destinations on Yas Island, including Ferrari World, Warner Bros. World, and Yas Mall, direct to Zayed International Airport, Al Raha Beach, Etihad Plaza, and key re

A Qatari-led international consortium, headed by UCC Holding (Qatar), has signed agreements worth $4 billion to deliver consultancy, design, and redevelopment for Damascus International Airport. The deal, one of Syria’s largest foreign investments in decades, will be implemented as a long-term build-operate-transfer (BOT) project, aiming to create a world-class regional aviation hub handling up to 31 million passengers a year. Partners include major Turkish contractors, a U.S

Oman is undergoing a significant transformation in its infrastructure and urban landscape. The government and private sector invest heavily in large-scale construction projects. These projects aim to diversify the economy, improve living standards, and boost tourism. This article highlights some of the most important developments shaping Oman’s future. Key Oman Development Projects Driving Growth Several major projects are currently underway or planned across Oman. These proj

The construction sector in Bahrain is evolving rapidly. The government plays a vital role in this growth through various housing projects. These projects aim to meet the increasing demand for residential units and improve living standards. I will outline the main projects initiated by the bahrain ministry of housing and explain their significance for contractors, consultants, project managers, procurement managers, suppliers, and investors. Major Bahrain Housing Projects Und

Nakheel, the master developer behind Dubai Islands, has awarded a AED169 million ($46 million) contract to Al-Nasr Contracting Company for key infrastructure works at the Bay Villas community. This new milestone will see construction of internal roads and utilities for 636 luxury homes—a move that secures the ground for Dubai’s next signature waterfront neighbourhood and continues the Islands project’s rapid post-rebrand momentum. The Bay Villas Development: An Overview The B

G42, a leading AI and cloud computing company based in Abu Dhabi, has sealed a deal to build the first 200-megawatt phase of the Stargate UAE data centre, a facility set to become a game-changer for artificial intelligence across the region. When complete, this data centre will anchor a giant 1GW cluster at the heart of the new 5GW UAE–US AI Campus in Abu Dhabi. It’s a bold move, backed by global tech heavyweights, OpenAI, Oracle, Nvidia, SoftBank, and Cisco, that puts the UA

Qatar Tourism (QT), together with the Public Works Authority (Ashghal), has kicked off Stage 1 bids for the West Bay Beaches and Al-Safliya Island Development Project. This major PPP (public-private partnership) scheme will redevelop five prime beaches and the iconic island into a world-class eco-tourism and leisure destination, aiming to attract both local and international visitors. The partnership reflects Qatar’s drive to build a more diverse, vibrant tourism sector that

In a season of significant transformation for Saudi Arabia, the Najm al-Din al-Ayoubi Road upgrade represents a pivotal initiative to enhance the infrastructure that connects Riyadh to Mecca and Jeddah. This bold project, part of a larger SAR 13 billion programme under Vision 2030, aims to rejuvenate the city's transport network and plays a critical role in enabling Riyadh to host the upcoming World Expo 2030. Imaginative Najm al-Din al-Ayoubi Road: A vital link to Riyadh A C

Etihad Rail, in collaboration with Jordan's Ministry of Transport, is set to open tenders in early 2026 for a monumental $2.3 billion railway project. This 360-kilometre railway line aims to connect the phosphate and potash mining centers of Al-Shidiya and Ghor Al-Safi to the Port of Aqaba. This initiative is part of a larger $5.5 billion investment package involving Jordan and the UAE, with Etihad Rail overseeing the design, construction, and operation of the railway. The ra