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Gulf Construction Online
  • Spanish group Urbas wins $266m Saudi residential project deal


    Saudi Arabia's National Housing Company (NHC) has awarded a contract worth SAR1 billion ($266 million) to the regional unit of Spanish group Urbas for the construction of 589 residential units within the Al Fursan suburb in the northeast of Riyadh.

  • El Seif consortium emerges frontrunner for Jeddah Tower contract


    A consortium of Saudi-based El Seif Engineering and China State Construction Engineering has emerged as the frontrunner for the contract to build the Jeddah Tower in Saudi Arabia. Standing at over 1km, it will be the world’s tallest tower, said a report.

  • Omran JV unveils strategies for achieving net zero targets


    Leading officials of The Sustainable City – Yiti, a joint venture between Oman Tourism Development Company (Omran) and SEE Holding Group, are showcasing the strategies for achieving net zero at the Oman Sustainability Week Expo being held in Muscat.

  • Alef hands over 819 residences at Sharjah mixed-use project


    Alef Group, a leading real estate developer in Sharjah, has announced the handover of 819 residential units to customers at Al Mamsha, Souks’s zone. The mixed-use project boasts 33 buildings, retail shops, kids play area and many other amenities.

  • Jubail Island hands over first set of premium residential units


    Jubail Island Investment Company (JIIC) has achieved a major milestone in Abu Dhabi's real estate sector with the handover of 44 residential units at Nad Al Dhabi village located within its AED15 billion ($4.1 billion) mega island development.

  • Stirling awards management contract for Mered flagship tower


    Stirling Hospitality Advisors, a boutique advisory firm in the region, has signed up Valor Hospitality to oversee the future management of Iconic Tower, a flagship project of top real estate developer Mered. The luxury skyscraper is set to open in 2027.

  • Dubai Investments breaks ground on RAK residential, hotel towers


    Dubai Investments has broken ground on its AED1 billion ($272 million) residential and hotel towers development in Ras Al Khaimah. Located on Al Marjan Island, it spans a 90,000-sq-m area with 40,000 sq m of beaches and features a total of 189 villas.

  • Al Akaria in deal to build educational complex in Riyadh


    Saudi Real Estate Company (Al Akaria) has signed a co-operation deal with Riyadh Development and Riyadh Holding Company to build an educational complex on designated plots within Tilal Al Riyadh Residential Community in the capital's Al-Malqa district.

  • Retal awards contract for Riyadh residential buildings


    Saudi-based Retal Urban Development Company has signed up its key unit Building Construction Company for the development of eight residential buildings in the capital Riyadh. The entire work is due to be completed within 24 months.

  • Cebarco lands Bilaj Al Jazayer hotel project contracts


    Edamah, the real estate arm of Bahrain’s sovereign wealth fund Mumtalakat, has awarded the main contract to Cebarco for the Tivoli and Avani Hotels and Residences project at its key development Bilaj Al Jazayer located on the kingdom's south-west coast.

  • SSAB and Nordec agree on deliveries of fossil-free steel


    SSAB and Nordec have agreed on deliveries of fossil-free steel which Nordec will use for frame structures for buildings, façades and bridges.

  • NEOM secures $2.67bn new revolving credit facility

    DIVERSIFYING FUNDING SOURCES
    NEOM, a new urban area being built by Saudi Arabia, announced on Sunday that it has secured a new revolving credit facility (RCF) worth SAR10 billion ($2.67 billion).

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Construction News

Spanish group Urbas wins $266m Saudi residential project deal

Saudi Arabia's National Housing Company (NHC) has awarded a contract worth SAR1 billion ($266 million) to the regional unit of Spanish group Urbas for the construction of 589 residential units within the Al Fursan suburb in the northeast of Riyadh....


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