Dubai-based ALEC Engineering & Contracting (ALEC) has said it recorded 29% revenue growth, scaled its workforce by 46%, and established new facilities in Ras Al Khaimah in 2024. The firm said its workforce has now reached nearly 40,000 people.

AJI Rentals, the company’s heavy equipment rental arm, also established its presence in Saudi Arabia in 2024, while expanding its UAE footprint with the opening of a new facility in Dubai.

The investments bolster ALEC’s continued sectoral diversification, and expansion in Saudi Arabia — two pillars of its strategy over the last five years, the firm said.

“Over the years, our construction-adjacent lines of business — spanning fit-out, modular construction, and even data centres — have become market leaders in their own right and now contribute significantly to our overall business,” said Barry Lewis, CEO at ALEC.

ALEC’s acquisition of TARGET Engineering has also proved to be a strategic success, the firm revealed. “Last year, TARGET won multiple large-scale engineering, procurement, and construction projects, including MMBD, Borouge, and the Dalma Gas Development,” Lewis stated.

Commenting on the company’s 29% year-on-year revenue growth in Saudi Arabia and the UAE, Lewis said, “Having established a robust ecosystem of talent, production facilities, supply chains, and logistics in the UAE, replicating this success in Saudi Arabia was the next logical step. In just two years, we have grown to be recognised as one of the most trusted construction firms in the Kingdom. This success has been driven not by volume but by a portfolio of complex, high-value developments.”

Among the projects ALEC has been awarded in Saudi Arabia are the Qiddiya Waterpark and Qiddiya Speedpark, the firm stated.

Going forward, ALEC said that it aims to pioneer new paradigms and technologies in the region. One such area is the modularisation of construction and MEP works, wherein the company has established large-scale production facilities in the UAE. In line with its recently unveiled Robotics Strategy, ALEC aims to have 5% of its construction activities automated through advanced robotic solutions by 2030. Through its subsidiary, Advanced Engineered Solutions (AES), which specialises in turnkey building envelope solutions, the company is targeting large-scale developments in the cultural, hospitality, and leisure sectors, where visionary architects are pushing the boundaries of conventional design.

“We will continue to challenge perceptions of our industry with our advancements in technology utilisation, sustainability, and operational efficiency. As a number of the large contracts we have been awarded move into the phase of significant activity, 2025 will be a year of consolidation. We will focus on streamlining operations and further enhancing outcomes for our clients and stakeholders,” remarked John Deeb, COO and CFO of ALEC.

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Asheil Versatile Lighting Technologies (Asheil) has secured land in Shaqraa Industrial City, 180km northwest of Riyadh, to establish a lighting manufacturing and technology hub. The milestone strengthens Saudi Arabia’s position as a regional leader in advanced lighting production, reducing the Kingdom’s dependence on imports while driving industrial growth, supply chain resilience, and job creation, said a statement.

The facility will not only produce high-performance lighting solutions for Saudi Arabia’s giga-projects, large-scale urban developments, and commercial infrastructure but will also generate significant local employment opportunities. By investing in localised manufacturing, Asheil is ensuring that Saudi talent plays a direct role in the Kingdom’s industrial transformation, equipping the workforce with expertise in advanced manufacturing and energy-efficient lighting technologies, the statement added.

The facility will integrate production techniques, energy-efficient LED technologies, and precision engineering, addressing both market demand and the need for a skilled, future-ready workforce. By providing high-value job opportunities, Asheil will support the Kingdom’s long-term economic diversification strategy while advancing technological self-sufficiency in the lighting sector.

“Asheil is proud to contribute to Saudi Arabia’s transformation into a hub for advanced lighting technology. This facility will not only provide international standard, high-quality, locally manufactured lighting solutions but will also create skilled jobs and provide new career pathways for Saudi professionals in manufacturing, engineering, and supply chain management. We sincerely thank the Saudi government and our partners for their support in making this vision a reality,” said Marco Fahd, Chairman & CEO of Versatile International.

Saudi Arabia’s LED lighting market was valued at US $2.3bn in 2024 and is projected to reach $4.8bn by 2030, growing at a CAGR of 12.9%. The Kingdom currently imports significant volumes of lighting and signalling equipment, with China accounting for over 40% of its lighting imports. By manufacturing locally, Asheil will help reduce reliance on foreign suppliers, enhance supply chain stability, and ensure customized, region-specific solutions for developers and infrastructure planners.

“With Versatile’s extensive project management experience and Haneco’s deep expertise in LED manufacturing, Asheil is set to become a transformative player in Saudi Arabia’s industrial landscape. Our integrated approach – spanning design, manufacturing, and after-sales support – will not only deliver high-performance lighting solutions but will also empower local talent with the skills and expertise needed to sustain and expand Saudi Arabia’s manufacturing sector,” said Nicho Teng, Founder & Managing Director of Haneco Lighting and Co-founder of Asheil.

Asheil is a joint venture between Versatile International and Haneco Lighting, combining project management expertise with LED manufacturing to deliver high-performance, energy-efficient lighting solutions. By localising production, the partnership aims to enhance supply chain stability, reduce costs and provide faster, more customised solutions for Saudi Arabia’s major infrastructure projects.

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Georgia-based Mardi Holding has announced its official expansion into the UAE. The move is designed to attract investors to developments in Georgia from Mardi Holding with a cooperation agreement with hospitality group Accor.

Mardi Holding is based in Batumi and has been active in the real estate market since 2010 – but has a history spanning over 30 years covering various sectors. With nearly fifteen large scale projects completed since the establishment of its real estate arm in 2010, Mardi Holding is known for its residential, commercial, and hotel developments, said a statement from the firm.

The company launched its expansion into the GCC at the Grand Hyatt Hotel in Dubai. The event is said to have marked a milestone in the company’s growth and highlighted real estate investment opportunities through Mardi Global Investment (MGI). MGI focuses on creating innovative projects that promote financial growth and sustainable development, underscoring its commitment to providing transformative opportunities for investors.

“Georgia has become an attractive destination for UAE investors, boasting stunning landscapes from Kakheti’s vineyards to Svaneti’s alpine meadows. Our capital Tbilisi uniquely blends ancient architecture with a vibrant arts scene, reflecting the country’s rich culture, while the coastal city of Batumi features a beautiful subtropical climate and modern skyline. It truly has something for everyone and is the perfect second home destination,” said Juan Bagration-Mukhrani, Managing Partner of Mardi Holding.

At the event, the company highlighted its portfolio including projects such as – Batumi Hills, and provided guests with an experience to meet local hoteliers which reflects local culture and traditions. The development is said to offer distinct living experiences within stylish, brand-serviced residences. Mercure Hotel Aquapark Batumi, Georgia’s first all-inclusive hotel will provide a range of health-improving procedures and outdoor activities, catering to guests’ wellness needs.

The company also highlighted the Mardi Aquapark Wellness Resort & Residence. The resort promises various wellness-focused experiences and top-tier hospitality, while Novotel Living Batumi – the first hotel under the Novotel Living brand on the Black Sea coast in Batumi, Georgia – will offer apartment owners additional benefits and a “strata title” concept, while guests will have an opportunity to become a member of the ALL – Accor Live Limitless global loyalty program.

The launch into the UAE market is being facilitated through ZAM Prime Properties and is headed by Faisal Contractor – a subsidiary of Mardi Holding based in Dubai. Enhanced transport links, including daily four-hour flights from Dubai to Tbilisi, have solidified the connection between the two regions, as well as the convenience of sharing the same time zone, the statement noted.

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ISG Middle East has announced the promotion of Andrew Collier to Managing Director, a move which will mark a new chapter for the company, said the company. With over 11 years at ISG, Collier is said to have developed a deep understanding of the business, the fit-out market, and the wider regional landscape. His leadership and strategic vision has been instrumental in ISG’s growth and success, it added.

“I have had the privilege of leading ISG Middle East over the past decade, and I am proud of what we’ve accomplished as a team. I’m confident that Andrew’s leadership will take the company to even greater heights. His passion, experience, and vision for the future are exactly what ISG needs as we continue to evolve. I look forward to seeing all that he and the team will achieve. I will be moving back to the UK, however I will remain as a Non-Executive Strategic Advisor to ISG Middle East Chairman Andrew Craig and the team for the foreseeable future,” commented Steve Ramsden.

Andrew has demonstrated leadership, notably playing a key role in the acquisition of ISG Middle East by BluSkye Investments earlier this year. His leadership was pivotal during this transitional period, the statement noted.

“Andrew’s promotion is a testament to his dedication, and vision. His deep understanding of the market and exceptional ability to lead ISG through pivotal transitions makes him the ideal person to drive our success forward. We are confident that his leadership will continue to elevate ISG’s standing in the industry,” remarked Andrew Craig, Chairman of ISG Middle East.

In his new role, Collier will ensure ISG achieves strategic goals across customers, employees, sustainability, and governance – all in line with ISG’s culture of excellence and values. With a focus on the customer-centric approach, Collier is committed to maintaining ISG’s reputation as a leader in the industry, the company said.

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The Big Project Middle East (BPME) editorial team has announced that the 2025 Energy, Water & Sustainability Summit (EWS Summit) will take place on 14 May at the Habtoor Grand Resort, JBR, Dubai. The new name reflects the summit’s expanded agenda, which now includes a significant water component, the BPME team explained.

The summit’s key themes include: sustainable water management strategies, a focus on the development, delivery and management of Net Positive buildings, converting construction waste and wastewater into usable resources, and reducing embodied carbon in construction through the use of alternative building materials.

The day long event will convene speakers from government departments, utility companies, advisory organisations, as well as construction consultants, contractors, and suppliers. Registration is complementary but mandatory for industry professionals, click here to register.

“The Energy & Sustainability Summit has grown steadily since its introduction three years ago and for 2025, we’ve decided to expand its focus on an important topic that doesn’t quite get the attention it deserves – water. In line with this, we’ve rebranded the event – the EWS Summit – to reflect the expanded agenda which will focus on a variety of key topics. I’m personally looking forward to a day full of fantastic insights and thought-provoking debates from our diverse line-up of speakers,” said Jason Saundalkar, Head of Content at Big Project Middle East.

The event will comprise a mix of keynote speeches, fireside chats, panel discussions and presentations. “The agenda we have in mind should make for a hugely interesting day; we will be sharing agenda updates and line-up of speakers in the coming weeks,” confirmed Saundalkar.

To discuss joining the EWS Summit as a speaker, get in touch with Jason Saundalkar on jason.s@cpitrademedia. For sponsorship inquiries, reach out to Raz Islam or Arif Bari on raz.islam@cpitrademedia.com and arif.bari@cpitrademedia.com respectively.

To learn more about the EWS Summit, click here.

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Object 1’s sustainability focused residential development, EVERGR1N HOUSE, is said to be on track for completion with handover scheduled for Q2 2026. The development is taking shape in Jumeirah Garden City and will features 219 residential units from studios to two-bedroom apartments.

In line with the UAE’s Green Agenda 2030, which emphasises sustainable development, environmental responsibility, and improved quality of life, the development is said to feature eco-conscious design and smart home technology. The project will also incorporate architectural elements, and facilities to promote resident well-being.

The developer notes that EVERGR1N HOUSE has implemented smart home technology into every unit, from IoT-driven systems for climate control, lighting, security and energy-efficient solutions, to fully automated community amenities for convenience and functionality. By connecting homes to smartphones and tablets, residents can enjoy control over their environments, ensuring a lifestyle that is not only smarter but also more sustainable, said a statement.

“EVERGR1N HOUSE reflects our commitment to creating sustainable and urban living spaces. With its eco-conscious design, advanced technology, and amenities, it offers residents a distinctive lifestyle in one of Dubai’s neighbourhood. Dubai’s real estate market has experienced remarkable growth, driven by investor-friendly policies and strategic initiatives. In this thriving market, EVERGR1N HOUSE stands out as a compelling investment opportunity, combining modern , sustainability, and a prime location. As we prepare for the handover, we believe this project will set a new benchmark for residential developments in the region,” stated Tatiana Tonu, Managing Director at Object 1.

EVERGR1N HOUSE reflects Dubai’s urban development goals, outlined in the Dubai Economic Agenda (D33), sustainability, innovation, and economic growth. It has 15 amenities such as a wellness centre, pool, meditation area, and gym, living spaces for remote work, creating an environment that adapts to contemporary needs, the statement outlined.

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Arada has awarded a contract valued at US $165mn to build the first phase of the Arada Central Business District (CBD). Billed as the ‘commercial centre for Sharjah’, the CBD will take shape in the developer’s $9.52bn Aljada mega project.

The contract for construction has been awarded to Modern Building Contracting Company (MBCC). Works are expected to begin on the first cluster of Arada CBD immediately, with completion and handover scheduled for the first quarter of 2027.

In total, the cluster will feature 812,000sqft of Grade A leasable space, as well as 1,666 parking spaces, 76,000sqft of landscaped green space, and 26,500sqft of retail space. Each office also benefits from smart technology as part of Aljada’s overall smart city programme, employing next-generation solutions for everything from waste and traffic management to the circular economy and smart lighting.

The eight smart blocks included in the first phase include Arada’s headquarters, a nine-floor building that will introduce a new workplace for the master developer’s 1,500 staff. Arada’s headquarters contains extensive facilities including an accessible roof for events, an amphitheatre, ground floor café and staff restaurant. A grand atrium that reaches from the ground floor to the roof will connect all of Arada’s departments both visually and physically, said a statement from the developer.

“Since the launch of Arada CBD, we’ve seen strong investor demand for commercial space within this impressive business park, in line with the overall performance of the sector in the UAE. With its contemporary urban architecture, facilities designed to enable and inspire workforces and excellent connectivity in close proximity to Sheikh Mohammed bin Zayed Road, international airports in both Sharjah and Dubai and the upcoming Etihad Rail station, Arada CBD is set to play a leading role in Sharjah’s future economy,” said Ahmed Alkhoshaibi, Group CEO of Arada.

The signature feature of Arada CBD is the ‘green spine,’ a forest park that runs the length of the district, featuring shaded walkways, an amphitheatre, and green rooftop terraces on most buildings. It also includes a variety of cafés, dining venues, and retail spaces, complemented by extensive parking.

In total, the 40 smart buildings in Arada CBD incorporate prime leasable space, setting a new standard for sustainability and connectivity. Arada is aiming for all buildings in Arada CBD to achieve LEED, WiredScore and SmartScore certification when the district is completed, in a first for the Sharjah market. LEED is a globally recognised green building rating system, while WiredScore and SmartScore are internationally recognised standards for digital connectivity and smart buildings.

Around 30% of Aljada’s 25,000 homes are now completed, alongside entertainment, retail, educational, and sporting attractions and amenities, including the SABIS International School–Aljada, the Wellfit Madar flagship gym, the Zad food truck park, Aljada Skate Park, and East Boulevard, the tree-lined avenue filled with shopping and dining experiences.

Aljada is Sharjah’s largest project, transforming the Emirate with its residential districts and hospitality, entertainment, sports, education and healthcare facilities—all set within a walkable, green community.

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China Harbour Engineering Company (CHEC) has begun operations at its modular building factory for the Sedra housing project, which is being developed by Roshn, in Riyadh.

Spanning 200,000sqm, the factory will supply prefabricated components for Sedra’s fully modular villas, while also laying the industrial foundation for future prefabricated construction initiatives in Saudi Arabia.

Speaking at the inauguration ceremony, Iain McBride, Head of Commercial, Roshn, praised the factory’s remarkable speed of completion, commending its design, construction quality, and safety standards.

“We look forward to deepening our collaboration with China Harbour in alignment with Vision 2030, the subsequent phases of the Sedra project, and expansion plans, working together to create a new chapter of mutually beneficial cooperation between China and Saudi Arabia,” McBride noted.

Yang Zhiyuan, General Manager, China Harbour Engineering Company (Middle East) said the firm will continue working closely with Saudi Arabia’s PIF, and with Roshn, to establish a leading prefabricated construction base in the Middle East.

The facility is equipped with an independently developed production management system and advanced robotics, enabling a fully digitalised workflow covering design, production, and storage.

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