Saudi Arabia has announced plans for a 334 sq km “entertainment city” south of Riyadh [pictured].The project will feature sports, cultural and recreational facilities — including a safari and a Six Flags theme park. The new city will be funded by the kingdom’s Public Investment Fund, who will be the main investor, and other local and international investors. Deputy crown prince Mohammed bin Salman Al Saud said in a statement, carried out by state news agency SPA, that the project will become “a prominent cultural landmark and an important centre for meeting the future generation's recreational, cultural and social needs in the kingdom”.Construction work is expected to commence in 2018, with the first phase of the project to open in 2022.
UAE-based real estate development firm Aldar Properties PJSC has awarded a contract worth AED500M ($136M) to Ghantoot General Construction for the construction of its luxury residential project in Yas Island, UAE.
Omran Properties is set to launch three real estate projects worth a combined value of AED2.47bn ($672.5M) in Sharjah [pictured], UAE.
Emaar Properties revealed plans to build a residential project in Dubai, UAE.
Salini Impregilo has signed a $435M contract with Meydan Group LLC to build the Meydan One Mall in Dubai [pictured], UAE.
UAE-based conglomerate Al-Futtaim has broken ground on a 78,500 sq m mall project in Jebel Ali, Dubai.
Dubai-based firm Al Futtaim Carillion has been chosen as the main contractor for the development of the three Theme Districts at the Expo 2020 Dubai site.
Dubai Holding has signed a memorandum of understanding (MoU) with Dubai Municipality to develop Dubai’s largest public park.
Construction firm Tutor Perini has won an $80M contract from the U.S. Air Force to design and build the Khurais Electronic Warfare Range in Saudi Arabia for the Royal Saudi Air Force.
A joint-venture of Qatari firm AlJaber Engineering and Turkish firm Tekfen Construction has been selected as the main contractor by the Supreme Committee for Delivery & Legacy (SC) for a new stadium in the Al Thumama district in Doha, Qatar.
Dubai Contracting Company has been selected by Dubai Properties as the main contractor for the 1/JBR project located at Jumeirah Beach Residence [pictured].
A joint venture of Arabian Construction Company (ACC) and UK-based construction firm Kier has secured a $187M order to construct a residential project in Dubai.
HLG Contracting has secured a AED401M ($109M) order from Hasabi Real Estate for the construction of the Al Garhoud Towers in Dubai, UAE.
Finland-based Admares has been selected for phase 1 of the Marasi Business Bay development in Dubai.
Dubai South has signed a memorandum of understanding (MoU) with Deyaar Development to develop a mixed-use project in Dubai South’s Residential District.
UAE-based Majid Al Futtaim Group has unveiled plans to develop a new AED300M ($81.6M) community mall in Abu Dhabi, UAE.
Al Futtaim Carillion (AFC) has won a £160M contract from Dubai World Trade Centre for Phase 1A6 of the One Central development, an integrated real estate development in Dubai.
The vice president and prime minister of the United Arab Emirates (UAE), Sheikh Mohammed bin Rashid Al Maktoum, who is also Emir of Dubai, has unveiled plans for a new luxury waterfront project in Dubai.
UAE-based construction firm Habtoor Leighton Group (HLG) has won a QAR580M ($158.9M) contract for the construction of the Al Mutahidah Towers project in Qatar.
A joint venture (JV) comprising HBK Contracting (HBK) and China Railway Construction (CRCC) has been appointed by the Supreme Committee for Delivery & Legacy (SC) as the main contractor for a stadium project in Lusail City, Qatar.