According to Ventures ONSITE, new construction contractor awards in the UAE are estimated to be worth US$24.7bn in 2021, as the Gulf country paves the way for a post-covid rebound on the back of increased government expenditure and a fresh injection of foreign investment

The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has become the first asset owner in the world to achieve the prestigious BIM Project Kitemark for its digital project delivery and adoption of Building Information Modelling (BIM) aligned to ISO19650, awarded by the British Standards Institution (BSI)

The Ras Al Hamra (RAH) Development Project by Petroleum Development Oman (PDO) has achieved the LEED accreditation for implementing solutions in areas including sustainable site development, energy efficiency, water savings, minimising greenhouse gas emissions, materials selection and indoor environmental quality

Azizi Developments, a leading private real estate developer in the UAE, has announced the 65% completion of Berton, an exceptionally well-connected residential development in the heart of Dubai’s emerging growth corridor, Al Furjan

Bahrain Real Estate Investment Company (Edamah) and Amanat - Edu-Safe Park W.L.L. held a ceremony for a new Education Park in Isa Town