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July 6, 2026 foasummit0

Fujairah Terminals has signed 3-strategic land lease agreements with Fujairah International Airport, the Fujairah Free Zone Authority, and Al Dahra Agriculture Trading. The agreements are designed to boost connectivity and unlock new commercial prospects across regional and international markets.

They will also support the development of logistics and industrial capabilities, facilitate more efficient utilisation of port and adjacent infrastructure, and enhance service integration across the supply chain.

Sharief Habib Al Awadhi, Director-General, Fujairah Free Zone Authority said, “This collaboration marks an important step in advancing Fujairah Free Zone Authority’s mission to provide an integrated, business-friendly environment that supports innovation and sustainable growth. By strengthening partnerships across key sectors, we continue to enhance our offering to investors while contributing to the development of a resilient and future-ready economy.”

Captain Mohamed Al Yahyaei, CEO, Fujairah Terminals said, “By expanding partnerships across logistics, infrastructure, and key industries, we are enabling greater connectivity, enhancing supply chain resilience, and supporting the continued growth and diversification of Fujairah’s trade ecosystem.”

Arnoud van den Berg, Chief Executive Officer, Al Dahra Agriculture Trading added, “At Al Dahra Agriculture Trading, we are committed to building strong partnerships that drive sustainable value and strengthen supply chain resilience. This agreement aligns with our long-term vision to support national priorities, while leveraging our expertise to deliver impactful solutions across local and global markets.”

The leased lands, spanning a combined area of 130,000sqm will be utilised to enhance the logistics capabilities of Fujairah Terminals. This will strengthen Fujairah’s position as a gateway for regional and global trade, thereby supporting the UAE’s status as a hub for logistics, maritime services, and industrial growth.

These agreements collectively demonstrate a shared commitment to collaboration and sustainable economic growth, while supporting national priorities to enhance supply chain resilience and foster economic diversification.


Source: ME Construction News


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July 6, 2026 foasummit0

Binghatti has announced penthouse sales totalling US $73.5mn at Bugatti Residences by Binghatti in Business Bay during June 2026. The transactions comprised the sale of an US $54.4mn penthouse and a second penthouse valued at US $19mn to international buyers, underscoring the continued demand for rare, ultra-luxury residences within globally branded developments.

These transactions follow one of Binghatti’s most notable real estate deals in the region, recorded in December 2025 with the sale of a penthouse within the same development for US $150mn – a transaction recognised as the largest of its kind in Dubai and the Middle East.

The sale reflects the continued upward trajectory of Dubai’s luxury real estate market and reinforces the global standing of Bugatti Residences by Binghatti, which has attracted a distinguished roster of international personalities, including Brazilian football star Neymar Jr., Spanish footballer Aymeric Laporte, and world-renowned opera tenor Andrea Bocelli, said the developer.

Muhammad Binghatti, Chairman of Binghatti Holding stated, “These record transactions reflect the strength and resilience of Dubai’s real estate market, and its continued ability to attract investors and high-net-worth individuals from around the world, driven by the emirate’s stable economic environment, investment-friendly regulations, and ambitious vision, which have reinforced its position as one of the world’s leading destinations for real estate investment. At Binghatti, we continue to contribute to this momentum by developing distinctive projects that elevate the standards of luxury living and cater to clients seeking exceptional and rare real estate assets. This reflects our ability to respond to the growing global demand for ultra-luxury real estate and contributes to the continued growth of the sector.”

The tower features a prime location in the heart of Business Bay and features a collection of world-class amenities and services, including an artificial beach, valet parking, a luxury spa, and a private car lift providing direct vehicle access to residences, offering an exceptional living experience that embodies the highest standards of luxury and sophistication.


Source: ME Construction News


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July 3, 2026 foasummit0

10 Design has unveiled its vision for The Cape, a premium residential project within the Al Barari masterplan. The Cape comprises 3 mid-rise building blocks, positioned to align with prevailing wind directions for natural cooling.

Occupying a 140,000sqft plot, the scheme accommodates 286 apartment units with a total floor area of 500,000sqft, ranging from 1-bedroom apartments to 4-bedroom duplexes. Shared amenities focus on wellbeing and family-oriented lifestyles, including a swimming pool, wellness treatment rooms, gym, co-working lounge, multipurpose rooftop lounge, kids’ club and family pool. Centred on the concept of canopy living, the design of The Cape maximises views and visually connects the surrounding landscaped greenery and water features with the interior spaces.

Unveiling the design, the global master planning practice said pedestrians have been prioritised and vehicle access is discreetly incorporated into the scheme via portals leading to underground parking. Internal corridors maximise natural light through floor-to-ceiling windows, while indoor-outdoor connections are strengthened by dedicating 20% of the total area to balcony space, said a statement.

Located just 20 minutes from Downtown Dubai, DIFC, and the airport, Al Barari has established itself as Dubai’s pioneering community for over 2 decades, setting a new benchmark for luxury living that prioritises wellbeing.

The development is defined by a fluid aesthetic, reflecting a natural yet controlled approach that enhances the resident experience. Natural-toned materials throughout the scheme minimise heat gain, while providing a sense of comfort. The horizontal rhythm of the façades acts as a visually dynamic yet unifying element, tying the soft forms of The Cape to nearby schemes characterised by sharp, straight lines.

10 Design has previously worked on other landmark projects within the wider Al Barari masterplan, including: Seventh Heaven, which features 157 luxury apartments, garden villas, and sky villas; and Ashjar, comprising 21 low-rise buildings with 300 high-end apartments.

Paul Rodgers, Senior Design Principal at 10 Design said, “Our vision for this project was to create a luxury development that honours Al Barari’s 20-year legacy while remaining deeply connected to its natural surroundings.”

“By using a controlled fluid language that reflects the concept of canopy living, the design of The Cape offers residents a harmonious experience rooted in nature, combined with the convenience of being less than half an hour from downtown Dubai,” he added.


Source: ME Construction News


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July 2, 2026 foasummit0

Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects – Adam Solar Independent Power Project (IPP) and Sinaw Solar Independent Power Project (IPP) – in the sultanate that will add a combined 1,500MW of clean energy to the national grid.

The projects, being set up at a total investment of US $1.03 bn, represent the latest additions to Nama PWP’s renewable energy development programs that support the objectives of Oman Vision 2040, the national energy transition strategy, and the country’s commitment to expanding clean energy generation capacity while reducing carbon emissions.

Under the RFQ, qualified local and international developers will be invited to participate in the competitive procurement process for the development, financing, construction, ownership, operation, and maintenance of the two solar projects, said the Omani group in its tender notification.

According to Nama, the Adam Solar IPP is expected to become one of Oman’s first large-scale solar projects incorporating battery energy storage technology.

Being set up at an investment of around US $746mn, it will be integrated with a Battery Energy Storage System (BESS). The project will help strengthen energy security and support electricity supply during peak demand periods.

On completion, the project will enhance grid flexibility, improve system reliability, and facilitate greater integration of renewable energy resources into the national electricity network.

The other 500MW solar facility is being set up in Sinaw at an investment of US $$288mn. These 2-solar plants will contribute to increasing the share of renewable energy in Oman’s generation mix and support the sultanate’s efforts to achieve its long-term sustainability and carbon reduction objectives.

Together, the projects will play a key role in advancing Oman’s renewable energy ambitions, supporting the issuance of environmental attributes such as International Renewable Energy Certificates (I-RECs), and enabling transparent verification of clean energy generation.

The project scope includes development, financing, construction, ownership, operation and maintenance of these solar power facilities in addition to the installation of utility-scale solar PV generation systems and the integration of battery energy storage systems for the Adam Solar IPP, said Nama in its tender notification.

The work also involves laying of grid connection infrastructure and associated facilities as well as delivery of renewable electricity to the national grid and support for renewable energy certificates and carbon reduction initiatives, it added.


Source: ME Construction News


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July 2, 2026 foasummit0

Qatar General Electricity and Water Corporation (Kahramaa) has awarded contracts worth more than US $604mn, the largest electricity network expansion in the country’s history, as it prepares to integrate power from the Dukhan solar project into the national grid.

The contracts were awarded to several qualified local and international companies, including Voltage Engineering, the Best & Betas Consortium, Larsen & Toubro, and LS Cable.

These fall within Kahramaa’s strategic initiatives to connect the Dukhan Solar Power Project to the national electricity network in the western region of the country, said a statement from the company.

The scope of work includes engineering, procurement, and construction (EPC) services for building and upgrading substations, as well as installation of underground cables and overhead lines, it stated.

The newly signed projects support Kahramaa’s efforts to ensure a secure and efficient integration of renewable energy into the grid, enhance its capacity to absorb increasing solar power generation, and improve overall network flexibility and performance.

Abdulla Bin Ali Al-Theyab, President, Qatar General Electricity and Water Corporation said, “The expansion of the power network in the western region will have a positive impact on service reliability and quality for customers, meeting current and future electricity needs.”

“This step further strengthens Qatar’s regional position in adopting advanced clean energy solutions. At Kahramaa, we continue to advance a more resilient and efficient electricity network capable of integrating renewable energy sources and supporting supply security,” he added.


Source: ME Construction News


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July 2, 2026 foasummit0

International consultancy Omnium International (Omnium) and technology firm Innovaite have launched IOX, a new technology solution that’s designed to help the built environment respond to a fast-changing market with stronger data, better tools and trusted AI.

According to a statement from Omnium, the solutions’ founding principle is ‘technology built by the people who lived the challenges’.

The joint venture is said to bring together two complementary strengths. Omnium contributes 50-years of deep industry expertise, trusted client relationships and valuable project data drawn from work on some of the world’s most significant developments, including the Burj Khalifa, One Za’abeel, Atlantis the Royal, the Expo 2020 Pavilions, Jeddah Tower and Al Ula. Innovaite meanwhile contributes the technology, product and AI capability to transform that expertise into scalable intelligence, rapidly turning ideas into solutions that create measurable impact, said the statement.

The result is technology shaped by real industry knowledge, not generic tools pushed into the market from the outside, it added.

“For more than 50 years, Omnium has been trusted to support some of the most ambitious and complex projects in the region and beyond. IOX represents an important next chapter in that journey. This is not about replacing the expertise, judgement and relationships that have made Omnium who we are. It is about strengthening them, giving our people and our clients better tools, clearer insight and greater opportunity to create value. We are building IOX from a position of real strength, with a clear understanding of the challenges our industry faces and the role we can play in helping to solve them,” said Nicholas Harris, Managing Director of Omnium International.

Omnium said that IOX is launching with a platform focused on CapEx cost intelligence, beginning with four capabilities: IO Procure; IO Insight; IO Master and IO Translate. The firm said that IO Procure is an AI-enabled tender analysis solution that turns complex submissions into clearer, faster commercial decisions. By automating analysis and identifying commercial risk earlier, it can reduce the time required to complete a full commercial tender evaluation by up to 80% while creating reusable procurement intelligence for future benchmarking and supplier insight.

IO Insight provides a searchable rate and cost intelligence library with an AI assistant for instant, data-backed answers, while IO Master is an AI-enabled cost modelling and benchmarking tool that produces early estimates in hours rather than weeks. IO Translate meanwhile offers translation between measurement and design standards, reducing delays and improving consistency.

Tim Shelton, Operations Director for Technology and Advisory at Omnium and CEO of IOX

The firm said that the solution’s longer-term ambition is broader: a connected platform that supports multiple parts of the construction value chain, from project management and schedule risk to claims and dispute resolution.

“Across our industry, data is everywhere but it’s fragmented, and our people spend too long chasing information that should be at their fingertips,” said Tim Shelton, Operations Director for Technology and Advisory at Omnium and CEO of IOX.

He added, “IOX removes those speed bumps. Every tool is shaped through workshops, user feedback and the expertise of the people who do this work every day. We’re not adding AI for effect. We’re using it where it genuinely helps and always with human judgement at the centre.”

The statement noted that a core commitment of IOX is responsible, governed AI. The platform is said to run advanced AI models within a controlled architecture designed to protect client and corporate data, with human review built into every output. The approach reflects the wider industry direction, including the role of professional bodies such as RICS in promoting responsible AI and future professional skills.

“Too much technology entering the built environment is built by people who have never delivered a project. IOX is different. By combining Innovaite’s product and AI capability with Omnium’s deep industry knowledge, we can build solutions around real problems, not assumptions. “This is what happens when technology and industry expertise are designed together from day one: tools that are practical, relevant and built for the people who will actually use them,” commented Gavin Britton, CEO and Co-Founder of Innovaite and Chief Product Officer at IOX.

Omnium notes that IOX will continue to evolve with input from across the business and the wider market, supported by an ambassador programme, an external advisory board made up of leading voices from the construction industry and beyond, as well as a growing  pipeline of new capabilities.


Source: ME Construction News


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July 2, 2026 foasummit0

Khansaheb Civil Engineering (Khansaheb) has announced several significant leadership changes as part of its long-term succession plan. As part of these changes, Construction Director Jason Sams has been elevated to the role of Managing Director (MD), taking over from Steve Flint, who served as MD of the company for the past 16 years.

Sams first joined Khansaheb in 2008 and has played a key role in Khansaheb’s growth and the delivery of some of the UAE’s most significant construction projects for over 20-years, including the Dubai Exhibition Centre Campus Legacy Project Phase One at Expo City.

The firm said that Flint has moved into the role of Advisor to the Owners and Executive Board, where he will continue to support the company’s strategic direction and long-term development.

Khansaheb also confirmed that Kevin Lewis has been appointed as Construction Director and will lead the contractor’s Construction Division. Lewis joined Khansaheb as Operations Manager in 2023, bringing over 25 years of experience, across the UAE and GCC. His extensive operational delivery experience across a broad range of major complex projects is complemented by a strong focus on health and safety, quality, and operational excellence, the firm said.

In addition, Ross Trivett has been promoted to Director – Interiors and Joinery. Trivett has led the Khansaheb Interiors and Joinery business over the past 10-years and is said to have developed the business into a market leader, delivering exceptionally high standards of interior fit-out in Dubai’s luxury hospitality and ultra-luxury residential markets.

Under Sams’ leadership, Khansaheb Civil Engineering will build on its 9-decade legacy, continuing to focus on operational excellence, strong client partnerships, and the successful and safe delivery of complex projects across the UAE, the company said in a statement.

“These promotions are part of a long-term succession plan that facilitates business continuity through our established management team, ensures our continued success and continuous improvement, leading to further well managed sustainable growth,” explained Tariq Hussain Abdulrahman Khansaheb, the Chairman of the Khansaheb Group.

He added, “We will continue to build on the business principles and values that are the foundations of our company, established by my late father, maintained and promoted by the Khansaheb family, and delivered by our executive management team. These changes to our executive management structure will further strengthen our business and provide continuity, enabling us to build upon our 90-year legacy, further improve the service we provide for our customers and continue our contribution to the future development of our nation.”


Source: ME Construction News


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July 1, 2026 foasummit0

Dubai Residential REIT has acquired 220 townhouses in Jebel Ali Village through a forward purchase agreement for US $243mn.

The acquisition comprises a mix of 3- and 4-bedroom townhouses, further expanding REIT’s portfolio of income-generating residential assets.

The transaction follows REIT’s March acquisition of 56-villas in the Garden View Villas community. Combined, the Jebel Ali Village townhouses and Garden View Villas are expected to generate approximately US $20.4mn in additional annual revenue.

Dubai Residential REIT is a Shariah-compliant, closed-ended real estate investment fund focused on generating rental income. Managed by DHAM REIT Management, a subsidiary of Dubai Holding, REIT is listed on the Dubai Financial Market.


Source: ME Construction News


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July 1, 2026 foasummit0

Luxe Developers has awarded a fit-out contract worth US $39.4mn to Interiors International Industries for its flagship Oceano development on Al Marjan Island in Ras Al Khaimah.

On completion, Oceano will boast 225 residences across 2-interconnected towers on Al Marjan Island, as well as 11-retail units. A key highlight of the project is its distinctive rotating floor plates, panoramic Arabian Gulf views and sky bridge design.

Announcing the contract, Luxe said Interiors International has been embedded within its project team since early this year, working alongside the main contractor as the development advances towards structural completion.

Interiors International Industries, in conjunction with the main contractor, China State Construction Engineering Corporation, has been on-site and actively progressing the bespoke interior fit-out works across the twin-tower project, encompassing the residences, amenities and common areas of the US $408mn beachfront development, which sold out ahead of schedule.

The team has been co-ordinating closely with the structural and MEP works packages as the project transitions into its finishing phase, said Luxe Developers in a statement.

Headquartered in Dubai, Interiors International Industries is a turnkey fit-out specialist, with more than 2-decades of experience delivering some of the world’s most technically demanding hospitality, leisure, residential and mixed-use projects across the Middle East, Europe, Africa and the Indian Ocean region.

On the partnership, Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers said, “Every partner we appoint plays a critical role in realising our vision of creating iconic residences that redefine luxury living. We selected Interiors International Industries for its exceptional track record of delivering world-class fit-outs for some of the most prestigious hospitality and residential developments worldwide.”

“Their expertise, craftsmanship, manufacturing capabilities and ability to execute highly complex projects to the highest standards made them the natural choice for Oceano. Having worked alongside them since the early stages of the interiors programme, we have seen first-hand the quality, sophistication and attention to detail they bring, and we are confident this will be reflected in every interior space Oceano is known for,” he added.

The company’s portfolio includes many of the hospitality industry’s most recognisable destinations, including Atlantis The Royal, Mandarin Oriental Jumeirah, and Jumeirah Al Naseem in Dubai, as well as Anantara Mina Al Arab Resort in Ras Al Khaimah. Internationally, the company has delivered projects including The Savoy, The Dorchester, and Shangri-La The Shard in London; Six Senses Southern Dunes in Saudi Arabia; and several luxury hospitality developments in Mauritius.

Jonathan Peters, Group Director at Interiors International Industries, said: “We are proud to be delivering the interior fit-out works at Oceano alongside The Luxe Developers’ team. From the outset, it has been clear that this is a project of genuine international significance and one of the most exciting luxury residential developments currently under construction in the UAE.”

He added, “Oceano aligns perfectly with our expertise in delivering exceptional hospitality and residential environments, and we are focused on creating an iconic interior experience that establishes a new benchmark for luxury waterfront living in Ras Al Khaimah”.


Source: ME Construction News


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July 1, 2026 foasummit0

Mered has unveiled its ‘bay villas’, a collection of 5-waterfront residences on Al Reem Island. Each villa is named after an iconic city along the French Riviera and draws its identity from the character of its namesake destination.

The villas are designed by London-based interior studio Dseesion and form part of Riviera Residences, Mered’s landmark waterfront project designed by architects Herzog & de Meuron.

One of the defining architectural features of the collection is the inclusion of private internal courtyards. Rooted in regional architectural traditions, these landscaped spaces serve as a secluded oasis within each residence, providing natural light, privacy and a sense of tranquillity rarely found in contemporary waterfront developments.

Speaking on the occasion, CEO Michael Belton said, “Luxury today is defined by individuality. Buyers are looking for homes that offer a genuine sense of identity and cannot be replicated elsewhere. With the Bay Villas, we wanted to create residences that are truly distinct in character. Each villa carries its own design inspiration and relationship with the waterfront, combining the timeless influence of the French Riviera with the cultural depth of Abu Dhabi.”

Riviera Residences occupies a prime first-line waterfront position on Reem Island – one of Abu Dhabi’s most active residential destinations and part of Abu Dhabi Global Market (ADGM), the emirate’s international financial centre.

It will offer over 400-apartments and 11-villas, among them sky villas, bay villas and a penthouse, alongside landscaped gardens and an elegant waterfront promenade designed as a destination in its own right, where boutique retail, refined dining, and cafés are framed by breathtaking waterfront views and a vibrant social atmosphere.

Mered’s bay villas are positioned directly above the waterfront promenade, with uninterrupted views of the sea and Al Reem skyline, a Beach Club within a 3-minute walk, and immediate access to Riviera Residences’ wider resort-style amenities.

These include more than 15,000 plants integrated throughout the landscape, 4-pools, wellness facilities, elegant lounges, a Sky Garden on the 17th floor, and 5 themed children’s zones, it added.

Mered pointed out that the development reflects the continued evolution of Abu Dhabi’s premium residential market, where demand is shifting toward design-led homes that prioritise privacy, architectural distinction, and long-term value.

The landscape design has been conceived by Michel Desvigne Paysagiste (Paris), working in close collaboration with Herzog & de Meuron. Rather than serving as a decorative layer, the landscape shapes the microclimate, enhancing shade, creating visual privacy, and reinforcing a sense of resort seclusion.

Enabling works at Riviera Residences have been completed, with construction progressing on schedule. Phase 1 delivery is targeted for Q1 2029.


Source: ME Construction News