Kuwait's Ministry of Electricity, Water and Renewable Energy has announced that it has received bids from only two companies — Heavy Engineering Industries and Shipbuilding Company (Heisco) and Shanghai Electric Group — for the Al Subiya Power Generation and Water Distillation Station upgrade project.

Saudi Electricity Company (now operating under Saudi Energy) has issued invitations to leading utility developers and energy project specialists to submit bids for the construction of 380kV substations and associated overhead transmission lines (OHTL). These facilities will support upcoming renewable energy projects across the Kingdom of Saudi Arabia.

New Murabba Development Company has formed a strategic partnership with Electric Vehicle Infrastructure Company (Eviq) to deploy EV charging infrastructure across major assets within its New Murabba giga-project, reinforcing Saudi Arabia’s transition toward sustainable mobility.

Public Establishment for Industrial Estates (Madayn) has signed three investment agreements to establish new industrial projects in the Polyethylene Terephthalate (PET) sector, covering recycled plastics, oil refining, and polymer processing.

Roads and Transport Authority (RTA) has awarded a major contract for Phase Two of the Hessa Street Development Project, covering a 3-kilometre stretch between Al Khail Road and Sheikh Mohammed bin Zayed Road.

Ministry of Municipalities and Housing, in collaboration with the United Nations Development Program (UNDP) and UN-Habitat, is progressing the development of Saudi Arabia’s National Urban Policy (NUP), aimed at establishing an integrated framework linking economic diversification, housing, infrastructure, and environmental sustainability across cities and regions in the Kingdom.

Tissoli, a luxury real estate collective known for creating premium living environments, has achieved three key milestones in its flagship AED1.2 billion ($327 million) development, Palazzo Tissoli, located in Ras Al Khaimah.

Zoya Developments, a prominent real estate developer active in the UAE market, has officially launched Miorah by Zoya, a new premium residential project in Dubai South, valued at AED 37.5 million. 

GAF Property has launched Flow25 on Al Reem Island, marking its debut off-plan residential project. Flow25 reflects the developer’s three guiding principles—nature, innovation, and community—while emphasizing livability, strong architectural character, and long-term value for residents and investors alike.

The 2026 edition of the Future of Architecture Summit (FOA Summit) is scheduled to take place on 31 March in Dubai, the Middle East Consultant (MEC) team has confirmed.

The Roads and Transport Authority (RTA) has completed works on Al Rowaiyah Street, a 3.5-km stretch that now directly connects Sheikh Mohammed bin Zayed Road with Sheikh Zayed bin Hamdan Al Nahyan Street, improving access near Dubai Silicon Oasis and Nadd Hessa.

Omniyat appointed Dutco as the main contractor for Enara, a mixed-use luxury development in Marasi Bay within the Burj Khalifa district. Enabling works on the project are now complete, including piling. Omniyat will award all subcontractor packages throughout 2026.

The Transportation Infrastructure business vertical of Larsen & Toubro (L&T) has secured a major contract for the upgrade of Latifa Bint Hamdan Street in Dubai, UAE. The award covers Phase 1 of the road development programme being implemented by the UAE authorities as part of broader infrastructure enhancement efforts.

UAE-based Yas Holding has announced that its real estate development subsidiary, Taraf, has appointed Hassan Allam Construction as the main contractor for its luxury Karl Lagerfeld Villas project in Dubai.

Bandar Alkhorayef, Saudi Arabia’s Minister of Industry and Mineral Resources and Chairman of the Saudi Authority for Industrial Cities and Technology Zones (MODON), has inaugurated capital projects worth approximately SAR3 billion ($800 million) in Sudair.

H&H Development has announced a landmark partnership with Mubadala Investment Company to introduce its prestigious Eden House brand to the Abu Dhabi market.

Dubai’s Roads and Transport Authority (RTA) has entered into a strategic partnership with US-based The Boring Company to begin implementing the Dubai Loop, a state-of-the-art passenger transport tunnel project designed to deliver advanced tunnelling and innovative mobility solutions across the emirate.

Dubai’s Roads and Transport Authority (RTA) on February 8 opened a 600-metre-long, four-lane bridge at the intersection of Al Qudra Road and the link road connecting Arabian Ranches with Dubai Studio City. The bridge forms part of the main intersections development project along Al Qudra Road, aimed at improving traffic flow and enhancing road safety in the area.

RMJM unveils the concept design for Plot H15 at Dubai Creek Harbour, featuring twin waterfront towers, 758 residences, and a sculpted podium designed around light, landscape, and panoramic views.

The National Water Company (NWC) has completed two major water and wastewater infrastructure projects in the Qassim Region, with a combined investment of over $13 million (SAR 48 million).

With construction progressing at pace, the project remains on schedule to commence commercial operations in the fourth quarter of 2026.

The Oman’s Ministry of Finance and the Saudi Fund for Development (SFD) have signed a Memorandum of Understanding (MoU) in Muscat to finance the construction of the Thumrait Industrial City project in the Dhofar Governorate.

Saudi Arabia’s largest ultra all-inclusive resort is set to open its doors at King Abdullah Economic City. Backed by the Tourism Development Fund, Rixos Murjana is redefining Red Sea hospitality and raising the bar for world-class tourism in the Kingdom.

The GCC construction market is projected to reach an astounding $2.7 trillion by 2033, driven not just by size, but by an unwavering commitment to futuristic, diversified economies. This is no longer just about tall buildings; it's about building entirely new, smart, and sustainable cities from the ground up.

Meraas, a member of Dubai Holding Real Estate, has made a significant commitment to the ongoing development of the emirate's premier urban lifestyle destination, City Walk, by awarding a new AED 440 million ($120 million) contract to GCC Contracting.This substantial investment is earmarked for the City Walk Northline project, which represents a major expansion of the vibrant City Walk neighborhood.