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July 13, 2026 foasummit0

Globalpharma has said it has successfully reduced its carbon footprint by 11,400t of CO₂ at its manufacturing facility in Dubai Investments Park (DIP) through the installation of a 612kWp rooftop solar photovoltaic (PV) system.

The solar system is projected to generate 25.3GWh of clean energy. This energy will contribute to improved energy efficiency and a reduced reliance on electricity supplied by the grid.

The development of this solar system was a collaborative effort between Globalpharma and 386 Sky Solar Energy Systems. The partnership brought together Globalpharma’s expertise in operational optimisation with specialised knowledge in the deployment of industrial-scale renewable energy.

The solar installation has been implemented under the Shams Dubai program. The program allows for both on-site energy consumption and the export of excess power to the grid through a bi-directional metering system. This project marks a significant step in integrating clean energy into Globalpharma’s manufacturing operations, ultimately enhancing overall operational performance.

Dr. Basem Albarahmeh, Chief Executive Officer, Globalpharma said,This initiative builds on a broader set of measures we have been implementing to strengthen efficiency and sustainability across our manufacturing operations. The integration of solar energy is a natural extension of our efforts to optimise resource utilisation, enhance energy efficiency and progressively reduce the environmental footprint of pharmaceutical production.”

“As we continue to scale our capabilities, our focus remains on embedding sustainable practices within core operations, supporting a more resilient and future-ready manufacturing platform that aligns with evolving industry and regulatory expectations,” he added.

Ahmad Al Khayyat, Chairman, Three Eight Six added, “The partnership is a statement of intent. Global Pharma has chosen to embed clean energy into their manufacturing operations, and that is exactly the kind of leadership that moves an entire industry forward. UAE’s Net Zero ambition will be built on decisions like this one.”

The initiative also aligns with broader national priorities, including the UAE’s clean energy transition and Net Zero 2050 strategy, supporting the progressive decarbonisation of industrial operations within the healthcare manufacturing sector.


Source: ME Construction News


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July 9, 2026 foasummit0

Ras Al Khaimah has 25,600 new residential units in the pipeline between now and 2030, with apartments accounting for 97% of future supply, according to new insight from leading real estate advisory group Cavendish Maxwell.

About 170 homes were delivered in Q1 2026, another 1,700 are set to come to the market this year, followed by 23,900 by the end of the decade. The busiest year for deliveries is 2029, with 9,100 set for handover, the company said.

RAK’s growing population – currently around 450,000 and projected to reach 650,000 by 2030 – combined with multi-billion AED foreign direct investment, and increasing business licences, is fuelling demand for real estate in the emirate, Cavendish Maxwell said.

Last year, RAK attracted US $10.62bn in FDI across 17 projects – more than any other emirate in the country – and, in Q1 2026, economic licence capital rose 15.5% year-on-year to reach US $3.13bn.

Yousir Habib, Associate Director at Cavendish Maxwell Ras Al Khaimah said, “RAK is undergoing major infrastructure investment in roads, aviation and maritime, strengthening regional connectivity and supporting the emirate’s 2030 economic diversification and competitiveness goals. As a result, the residential real estate sector secured US $3.34bn worth of sales across 6,600 transactions last year, when sales prices and rental rates jumped considerably. The market is now undergoing a sustained period of new supply.”

Off-plan activity dominates residential sales, accounting for 85% of transactions and contributing US $3.04bn in sales last year, according to the Cavendish Maxwell study. More than 40% of the 25,600 units coming to the market over the next 4-years will be delivered by RAK Properties, Al Hamra Real Estate and Ellington Properties, with ALDAR, BNW Developments and Source of Fate Properties also among the key developers fuelling the emirate’s real estate growth.

In the 6-month period between October 2025 and March 2026, RAK’s residential property sales prices rose almost 5% for apartments and nearly 4% for villas. Rental rates climbed more than 6% for apartments and 5% for villas.

Key infrastructure projects in the emirate include upgrades to the E11 Sheikh Mohammed bin Salem Road and the E311 Sheikh Mohammed Bin Zayed Road, which are expected to significantly cut journey times between RAK and Dubai by 45%.

RAK International Airport, which is targeting 3m annual passengers by 2028, is expanding with a 30,000sqm passenger terminal, a VVIP terminal and an 8,000sqm hangar, while Saqr Port’s upcoming deep-water, multi-purpose facility is designed to accommodate Capesize vessels, which stretch up to 290m and can carry up to 400,000t of bulk cargo.

Cavendish Maxwell also examined Ras Al Khaimah’s office market as part of the research, revealing that rental rates rose 8.6% between Q1 2025 and Q1 2026, and 5.3% between October 2025 and March 2026. The emirate’s future office supply is substantial: the new RAK Central urban hub will include 82,000sqm of A-grade space, while the upcoming Erisha Smart Manufacturing Hub at Al Ghail Industrial Park is set to span 2.32m sqm.


Source: ME Construction News


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July 9, 2026 foasummit0

Oman’s Dhofar Municipality has taken over the completion of the long-delayed Sahl Hamran housing project in Salalah, with work on the remaining 240 housing units expected to begin soon, reported ONA citing a municipal official.

Oman’s Dhofar Municipality is moving ahead with the final phase of the Sahl Hamran housing project in Salalah, which includes construction of 240 residential units as well as associated infrastructure after years of delays.

The move comes after Dhofar Municipality took over the remaining works and re-tendered the project, a municipal source said.

The current focus is on finalising existing works rather than initiating new developments. This phase includes the completion of 240 housing units, internal roads, sewerage systems, maintenance of previously constructed buildings, and drainage infrastructure to mitigate issues related to rainwater, seasonal runoff, and wadi flows.


Source: ME Construction News


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July 9, 2026 foasummit0

Avenew Development and Kora Properties have announced the launch of O1NE District, a new mixed-use destination to be built in Motor City. The project marks a major milestone following the strategic joint venture announced by the two partners earlier this year.

The launch introduces a new mixed-use destination in Motor City and brings to life the partners’ shared vision for an integrated business, retail and lifestyle destination, said a statement.

O1NE District comprises 6 commercial towers, an integrated retail destination, healthcare facilities and landscaped public spaces, positioned adjacent to Dubai Autodrome with direct access to Downtown Dubai, Palm Jumeirah and the future Al Maktoum International Airport. With a development value of US $1.6bn, the district brings together business, retail, dining and leisure within one connected destination.

DAWN, the first office tower within the District, marks the launch of the wider masterplan. The Grade A office building features flexible floorplates, generous floor-to-floor heights and direct air-conditioned connectivity to the retail destination. Amenities include a concierge-serviced super lobby, landscaped podium terraces, outdoor workspaces, sky gardens and rooftop dining venues, it stated.

Rasha Hassan, Managing Partner of Avenew Development said, “O1NE District marks the next chapter in our partnership with Kora Properties and our shared vision for Motor City. When we announced our joint venture earlier this year, we set out to create a destination that brings together business, retail and lifestyle within one connected environment. With DAWN, we are taking the first step towards delivering that vision.”

Nilesh Ved, the Chairman of APPCORP Holding, Owner of Apparel Group and Founder of Kora Properties added, “At Kora Properties, we create destinations that anticipate how people will live, work and connect in the future. Together with Avenew Development, O1NE District brings business, retail and lifestyle into one integrated ecosystem, anchored by a future shopping mall that will serve as the heart of the community.”

Ved added, “DAWN marks the first step in delivering a destination built for long term value, innovation and meaningful experiences, reflecting our commitment to quality and purposeful development.”

Designed to support businesses of all sizes, DAWN will combine flexible layouts with workplaces enhanced by abundant natural daylight. The retail destination complements the workplace with restaurants, cafes and everyday conveniences, creating an active destination throughout the day and beyond traditional office hours.

The launch of DAWN marks the beginning of O1NE District’s wider masterplan. Future phases will introduce 5-additional commercial towers, an integrated retail destination and a healthcare facility, progressively shaping a connected mixed-use destination in the heart of Motor City.


Source: ME Construction News


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July 9, 2026 foasummit0

Developer ANAX Developments has unveiled KYOMI Residences, billed as a contemporary residential development situated in the Warsan Fourth district. The residence will offer well-connected homes that cater to the growing demand for modern living spaces. KYOMI blends modern architecture with functional layouts, the developer said.

The project is designed to offer a blend of tranquility and urban convenience, and aims to maintains high standards of quality, design, and long-term investment potential. Backed by a growing pipeline of projects and active construction, ANAX Developments remains steadfast in its dedication to quality, timely delivery, and creating enduring value, it added.

Raja Alameddine, CEO of ANAX Developments said, “We will continue to deliver the highest standards, but more importantly, we want to create homes that bring the highest comfort and a better living experience to every homeowner. Our projects are built different, and our homes are designed to make everyday living feel like an experience that speaks to every generation.”

Ravi Bhirani, Managing Director of ANAX Developments added, “KYOMI Residences reflects our focus on creating homes that are practical, well-connected, and aligned with the realities of modern living. Warsan Fourth offers strong connectivity and long-term growth potential, making it an ideal location for a development that caters to families and investors alike. With functional layouts, integrated amenities, and a convenient payment plan, KYOMI is positioned to deliver sustainable value in Dubai’s evolving residential market.”

Scheduled for handover in Q4 2027, KYOMI Residences comprises a collection of 121 residential units split between studio, 1- and limited 2-bedroom apartments.

The project will feature lifestyle-focused amenities designed to support well-being and foster a sense of community. Residents will have access to adult and children’s swimming pools, indoor and outdoor gym facilities, an open air kid‘s play area, outdoor cinema, landscaped green spaces, a jogging track, meditation zone, creating an environment where daily needs and leisure experiences are integrated.

Strategically located, Warsan Fourth is framed by Sheikh Mohammed Bin Zayed Road and Ras Al Khor Road, offering direct connectivity to key locations including Dragon Mart, City Centre Mirdif, Dubai International Airport and Global Village, the developer noted.

The area is connected to public transport infrastructure and essential daily conveniences, with the upcoming Dubai Metro Blue Line set to further enhance accessibility. Ongoing residential and infrastructural expansion continues to position Warsan Fourth as a practical choice for families and long-term investors, underpinned by strong prospects for capital appreciation and rental stability, it explained.

The launch is said to further solidify ANAX Developments’ expanding portfolio as the company continues to establish its presence in Dubai’s prominent emerging and established residential areas.


Source: ME Construction News


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July 8, 2026 foasummit0

Preston Development has announced the official launch of its residential development – One by Preston – in Dubai South following the successful approval of the project’s Escrow Account, thus marking the completion of key regulatory requirements.

The boutique development features only 56-residential units with a mix of studios, 1- and 2-bedroom apartments, offering a low-density living environment with larger-than-average layouts, said a statement from Preston.

One by Preston stands out from offering one of the area’s most competitive price per sift values, while all residences will be delivered fully furnished with premium Italian furniture by Casanova, one of Italy’s leading luxury furniture brands, it stated.

The launch of these new developments following the completion of Dubai’s regulatory requirements reflects the continued strength and maturity of the emirate’s real estate sector, reinforcing its appeal as a trusted destination for long-term property investment, it added.


Source: ME Construction News


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July 8, 2026 foasummit0

The first phase of the Dubai Loop has officially begun with the commencement of production for thousands of precast concrete tunnel segments. These segments will form the underground transport system’s lining, marking a significant milestone for this high-profile project.

The project is being developed by Elon Musk’s The Boring Company (TBC) in collaboration with Dubai’s Roads and Transport Authority (RTA). The announcement signifies the commencement of work on the underground transport network, following the signing of the implementation agreement between Dubai’s RTA and The Boring Company earlier this year.

TBC said, “The tunnel segments are being manufactured at its Dubai precast concrete facility, while its Prufrock tunnel boring machines simultaneously excavate tunnels and install the concrete lining, significantly accelerating construction.”

“The company added that its tunnel boring operations, whether in Las Vegas or Dubai, are remotely monitored and controlled from its Operations Center in Bastrop, Texas. This allows us to deliver more tunnel miles each year in the battle against soul-destroying traffic,” the company said.

The first phase of the Dubai Loop will extend 6.4km and feature 4-stations linking Dubai International Financial Centre (DIFC), ICD Brookfield Place, Za’abeel Dubai Mall Parking and Burj Khalifa/Dubai Mall. Once operational, the route is expected to reduce travel time between DIFC and Dubai Mall from around 20-minutes to about 3-minutes.

The initial phase is estimated to cost around US $163mn and is expected to be completed in about 2-years. Unlike conventional metro systems, Loop is designed as an underground express transport network in which passengers travel directly to their destination without stopping at intermediate stations.

According to The Boring Company, the system functions more like an underground highway than a subway, with electric vehicles capable of travelling at speeds of up to 240km/h, compared with about 105km/h for conventional metro trains.

The design also allows stations to occupy a much smaller footprint – potentially as little as the size of 2-parking spaces – making them easier to integrate into dense urban areas, parking structures and residential communities, while helping distribute passenger traffic more efficiently.

The company said the system has been designed with multiple safety measures, including emergency exits, fire detection and suppression systems, redundant bidirectional ventilation, and dedicated communication systems for emergency responders.

The Loop vehicles, based on Tesla’s electric vehicle platform, eliminate hazards associated with traditional rail systems such as high-voltage third rails, while the tunnel infrastructure is designed to facilitate safe evacuation in the unlikely event of an emergency.

The full Dubai Loop network is planned to extend approximately 24km with 19 stations, creating a high-speed underground mobility corridor that will complement Dubai’s expanding public transport network.


Source: ME Construction News


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July 8, 2026 foasummit0

Parsons has been selected by Lusail Real Estate Development Company (LREDC) to provide program management, construction management, and construction supervision (PMCMCS) to support the delivery of the Lusail City Infrastructure Program, a master-planned development north of Doha.

The 3-year contract represents a continuation of Parsons’ ongoing engagement in Lusail under a new contractual arrangement. Under the contract, Parsons will provide oversight of design and construction, interface management, project controls, quality assurance, and coordination with multiple stakeholders across the program to drive the successful delivery.

“Lusail is one of the most significant urban developments in the region, and we are proud to continue supporting its delivery,” said Ahmed El-Essnawi, Vice President – Qatar Country Manager at Parsons.

“Since 2006, we have been working with LREDC to provide project management, construction management and site supervision for infrastructure, utilities, and landscape projects. This new program reflects our longstanding relationship in delivering complex, multi-stakeholder developments that support the Qatar National Vision 2030,” added El-Essnawi.

Spanning 38sqkm, Lusail comprises 19-residential, mixed‑use, commercial, entertainment, and waterfront districts, including 4-islands and growing hospitality, reinforcing its role as a catalyst for investment, tourism, and sustainable urban growth in Qatar, said a statement.

This award strengthens Parsons’ position as a trusted delivery partner for complex Middle East development programs, supporting public and private‑sector clients with integrated PMCMCS. In November 2026, Qatari Diar is celebrating its 20th anniversary, a true milestone reflecting 2 decades of improving the quality of life and its commitment to local communities, partnerships and sustainability, it added.

This award builds on Parsons’ nearly 20-years of partnership with Qatari Diar on the Lusail City program, during which the company has supported the delivery of large scale infrastructure and landmark urban development programs including Lusail Marina District, The Seef Lusail Development, Lusail Plaza, the Lusail Commercial Boulevard, as well as the Qetaifan Islands.


Source: ME Construction News


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July 8, 2026 foasummit0

Ducab has appointment Matteo Bavaresco as its new Group CEO. The firm said Bavaresco’s appointment marks an exciting new chapter for the company as it looks to accelerate its regional and international growth, having already expanded from the UAE to reach 75 countries worldwide.

Bavaresco succeeds Gert Hoefman, who has served as Interim Group CEO over the past year and will continue to support the company’s strategic direction as a member of the Board of Directors.

According to a statement from the firm, Bavaresco brings more than 25 years of international experience across the across the Europe, Middle East and Africa and Asia Pacific regions. He joins Ducab from his most recent role as CEO in an international cable company.

A seasoned global executive, Bavaresco specialises in building high-performance teams, organisational transformation, and public-private sector collaborations, the firm said.

“It has been a privilege to lead Ducab through this period, and I am incredibly proud of the resilience and dedication shown by our entire team. As I transition back to my role on the Board, I warmly welcome Matteo to the Ducab family. His exceptional track record in the global cable industry and his deep expertise in driving organisational transformation make him an ideal leader to guide Ducab into a new era of global competitiveness,” commented Hoefman.

On his new role, Bavaresco remarked, “I’m honoured to join Ducab at such a dynamic time for the company, the UAE, and the global energy sector. Ducab’s reputation for excellence, its commitment to sustainable solutions, and its foundational role in the UAE’s industrial growth are inspiring. I look forward to building on Ducab’s strong foundation with our talented teams, driving innovation and delivering lasting value for our partners and communities.”

Ducab said its continued success remains rooted in its pursuit of excellence and the dedication of its global workforce. With Bavaresco at the helm and Hoefman providing strategic counsel from the Board, the company is uniquely positioned to capture new opportunities, expand its footprint, and drive the future of energy solutions, the statement concluded.


Source: ME Construction News