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October 9, 2025 foasummit0

King Abdullah Financial District (KAFD) has announced the opening of The Executive Centre (TEC). TEC is a premium flexible workspace provider and the opening marks the company’s inaugural venture in the Saudi market.

With the opening of TEC, KAFD now offers world-class workspaces that serve not only multinational companies but also freelancers, entrepreneurs, and professionals seeking flexible co-working solutions, further strengthening the district’s position as a hub for business and talent across the Kingdom and the wider region, said a statement from KAFD.

The expansion further solidifies KAFD’s position as a hub for business and talent across the Kingdom and beyond. TEC Group’s portfolio (which includes their operations) have 215 operational centres across 35 cities in 14 markets, it added.

The opening is said to highlight KAFD’s growing stature as a dynamic business hub in the region and a leading destination for entrepreneurs and professionals. Spanning 36,500sqft, TEC’s co-working space at KAFD represents the future of flexible work environments in the Kingdom, as well as demonstrating TEC’s long-term commitment to Saudi Arabia and its support for the Kingdom’s economic transformation under Vision 2030.

Located within a Grade A building at KAFD, the centre features private offices, co-working lounges, meeting and event spaces, private phone booths, and a full-service food and beverage offering, all designed within a tech-enabled environment. TEC’s modular design philosophy allows each office to be tailored to a client’s specific business requirements, combining the structure of a traditional office with the agility of a new-age workspace.

Sultan Alobaida, Chief Commercial Officer at KAFD DMC said, “The global co-working spaces market is undergoing remarkable growth, and is predicted to reach approximately $48bn by 2030, as businesses increasingly seek flexible workspace solutions that support collaboration and agility. This growth is mirrored in Saudi Arabia, where the number of co-working spaces has grown from approximately 40 in 2018 to 251 by December 2024, with the highest concentration in Riyadh.”

He continued, “We are excited to welcome TEC to KAFD. Its innovative workspaces will complement our vibrant community of over 140 companies by offering flexible options for entrepreneurs and independent professionals. It also underscores our commitment to supporting Vision 2030 by driving economic diversification, fostering innovation, and creating the conditions for businesses of all sizes to thrive.”

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Source: ME Construction News


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October 9, 2025 foasummit0

Khalifa Economic Zones Abu Dhabi (KEZAD) Group has announced China Southern Glass (CSG), a company in energy-saving glass and advanced materials, will establish its inaugural overseas intelligent manufacturing facility in the United Arab Emirates.

This project, which involves an investment of US $81.7mn, will be located in ICAD 1, Musaffah. CSG aims to create 400 specialised and technical jobs, contributing to the emirate’s goals of fostering industrial growth and economic diversification.

The facility, situated on a 95,000sqm plot will serve as CSG’s regional headquarters for the production of high-performance energy-saving glass. Once operational, it will generate over 5m sq metres of coated, laminated, and insulating glass annually. This production capacity will enable CSG to supply construction and infrastructure projects across the UAE, the wider Gulf, Europe, Africa, and the United States.

Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group said, “This investment by CSG is a strong vote of confidence in Abu Dhabi’s industrial strategy and KEZAD Group’s role as a hub for advanced manufacturing. By creating hundreds of jobs and localising the production of high-quality glass products, the project will strengthen Abu Dhabi’s industrial base, reduce reliance on imports, and open new opportunities across the value chain.”

“Leading sustainable international and regional businesses are choosing KEZAD to expand their presence in the Middle East, Africa and Asia region. CSG’s operations in Abu Dhabi will advance energy-efficient glass manufacturing, supporting the construction industry needs in the region, in alignment with the UAE’s green building and clean energy agenda.” he added

Wenxin Wang, Vice President & CFO, CSG Group added “Abu Dhabi offers the ideal platform for CSG’s first manufacturing venture in the Middle East. Through KEZAD Group, we gain access to world-class infrastructure, advanced logistics, and proximity to key regional and global markets. With world-leading products and technologies, CSG’s energy-saving glass has already been widely applied in some of the most iconic landmarks worldwide.”

“Our new factory will be equipped with fully intelligent, digitalised production lines and world-leading coating technologies, representing the forefront of the global glass manufacturing industry. Our new facility will not only deliver premium energy-saving glass for the UAE and Gulf but also contribute to the long-term development of the local industrial economy,” he added.

The new facility is expected to begin operations in late 2026, and will supply UAE developers with reliable, locally manufactured glass and reducing the region’s dependence on imports, the statement concluded.

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Source: ME Construction News


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October 8, 2025 foasummit0

Siemens Mobility has opened its new office in Riyadh in a bid to solidify its long-term commitment to shaping the future of smart and sustainable mobility in Saudi Arabia and the broader region. The move is said to align with Saudi Arabia’s ambitious Vision 2030 and the Saudi Green Initiative (SGI), which aim to build a more resilient and climate-friendly transportation system.

This new office is said to mark a significant step in Siemens Mobility’s strategic expansion in the region. It follows the appointment of Frank Hagemeier as the CEO of Siemens Mobility for Saudi Arabia last year. By strengthening its presence in Saudi Arabia, Siemens Mobility aims to create substantial in-country value, generate new employment opportunities, and leverage its extensive expertise to nurture local talent.

“At Siemens Mobility, we are building on years of transformative contributions globally and since our first contract in Saudi Arabia in 2005 till today in Saudi Arabia’s transportation infrastructure to make mobility in Saudi Arabia faster, safer, and more efficient. The opening of our new office in Riyadh will bring us closer to our customers and strategic partners in Saudi Arabia, while making us ideally positioned to expand our operations in Saudi Arabia and support key mega projects. It will also enable us to fast-track our growth and reaffirm our position as a crucial player on the region’s mobility landscape,” said Hagemeier.

Siemens Mobility has made significant strides in the GCC, implementing the first European Train Control System (ETCS) on the East-West Rail Line, connecting Riyadh and Dammam. This project, along with its involvement in the Haramain High-Speed Railway (HHR) project, which connects Mecca and Medina, showcases the company’s commitment to pioneering high-speed rail solutions in the region. Siemens Mobility also played a crucial role in electrifying and expanding the Al Mashaaer Al Mugaddassah Metro Line, which transports Muslim pilgrims between Mecca’s holy sites, said the firm.

Siemens Mobility recently delivered the Riyadh Metro, the largest greenfield metro project in the region and the longest driverless metro system globally. As part of the BACS consortium, the company provided the Red and Blue Lines as a turnkey solution, equipping them with 67 Inspiro trains and the latest version of its Communications-based Train Control System (CBTC). The metro, operational since December 2024, achieved a remarkable milestone in August 2025 by transporting 100m passengers. Siemens Mobility continues to maintain all its components, systems, and track infrastructure under a service contract, it added.

Beyond its operational responsibilities, Siemens Mobility actively participates in the development and localisation of mobility expertise through partnerships with local partners like the Saudi Railway Polytechnic (SRP). This partnership involves a dual education program that integrates classroom instruction with hands-on training in key areas such as rail signaling, electrification, and communication systems. This approach prepares students for the maintenance of digital rail infrastructure, the statement concluded.

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Source: ME Construction News


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October 8, 2025 foasummit0

Developer Dar Global has announced the commencement of the handover of DaVinci Tower, which is billed as the world’s inaugural residential development to be branded by Pagani Automobili. Nestled along the Dubai Water Canal, DaVinci Tower offers views of the Burj Khalifa and the Downtown skyline. Each of the 80 exclusive residences is crafted with the design philosophy and signature detailing that epitomise Pagani’s aesthetic, the developer said.

DaVinci Tower redefines high-end living by blending architecture, art, and automotive-inspired luxury. With only 80 units across its sculptural structure, each residence is designed to provide a unique sensory experience. Custom interiors, advanced smart systems, and premium finishes combine to create an unparalleled living environment, the developer explained.

Ziad El Chaar, CEO of Dar Global said, “Today marks a defining moment for Dar Global and in the evolution of luxury living. The handover of DaVinci Tower is the realisation of a bold vision – to bring the soul of Pagani’s design identity into residential architecture. We are delivering not only homes, we are delivering a legacy of creativity, performance, and emotional connection. With DaVinci, we are not just handing over keys; we are handing over an experience that will stand as a benchmark for branded residences worldwide.”

This handover is a landmark achievement that emphasises Dar Global’s role in bringing the exclusive luxury brands into real estate, continuing to elevate Dubai and the region as a global destination for design driven living, the developer concluded.

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Source: ME Construction News


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October 8, 2025 foasummit0

Developer Takmeel Developments has launched Divine Al Barari. The new residential landmark will take shape in Majan, and is designed to bring together nature, wellness, and modern comfort, the developer said.

The project is being developed at a cost of US $109mn and is said to offer a unique lifestyle concept that blends resort-style amenities with strategic connectivity. The project is scheduled for handover in Q2 2028.

The off-plan community will feature 291 residences split across studios, one- to three-bedroom apartments, and duplex penthouses. Each unit is said to be designed with lifestyle-enhancing details such as private balcony pools in most apartments, high ceilings, spa-inspired bathrooms, and marble-finished kitchens, creating an elevated retreat in the heart of Dubai.

“Divine Al Barari embodies Takmeel’s vision of creating communities where nature, design, and modern living come together seamlessly. This project represents our continued commitment to thoughtful design that honors both the natural environment and the aspirations of modern living. We’ve created a community where every detail has been considered to enhance the daily experience of our residents,” said Mian Asad Bashir, Founder & Chairman of Takmeel Real Estate Development.

Hamza Asad, CEO of Takmeel Developments added: “At Takmeel, we focus on developments that are future-ready yet grounded in timeless values. Divine Al Barari is a reflection of that commitment. It is designed not only as a home but as a lifestyle investment, combining resort-inspired living with strategic connectivity for Dubai’s growing population of end-users and investors.”

Set against panoramic views of Al Barari, IMG Worlds of Adventure, and Global Village, Divine Al Barari provides an urban escape while offering direct access to Dubai’s key highways. Its prime location at the junction of Sheikh Mohammed Bin Zayed Road and Al Ain Road makes it equidistant from both Dubai International Airport and Al Maktoum International Airport, while offering seamless connectivity to key landmarks such as Dubai Mall and Palm Jumeirah, the developer explained.

The development introduces over 30 leisure and wellness amenities, including a beach-style pool, aqua gym, jogging track, yoga areas, a community café, co-working space, mini golf, and an archery zone, all designed to foster a holistic lifestyle, it added.

Sharing a preview of 2026, the developer said it will advance its $408mn project pipeline which spans 650,000sqft across Dubai South, and Majan, and will lay the groundwork for a further one million sqft. of future developments.

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Source: ME Construction News


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October 7, 2025 foasummit0

Developer Tissoli has officially signed an agreement with Italian design house Pininfarina to deliver Palazzo Tissoli, which is billed as a landmark development on Al Marjan Island in Ras Al Khaimah.

The project is being developed at a cost of $327mn and marks the first Pininfarina architectural project in Ras Al Khaimah. The partnership was inked at a signing ceremony held at Fairmont The Palm, in the presence of Khaled Assaf, Commercial Director of Marjan, Pooja Rathore, COO of Tissoli, Fabio Calorio, Senior Vice President of Pininfarina, and Umar Bin Farooq, Founder & CEO of One Broker Group (OBG).

Set on Al Marjan Island’s prime waterfront, Palazzo Tissoli introduces an unprecedented fusion of Italian design heritage and contemporary luxury. The development will feature fully furnished residences with panoramic views of the Arabian Gulf, and will be in close proximity to the upcoming island’s iconic gaming and leisure destinations, said a statement.

“We are thrilled to welcome Palazzo Tissoli to Al Marjan Island. This landmark project reflects the high calibre of collaborations that continue to power Ras Al Khaimah’s transformation into a world-class investment and lifestyle destination. Palazzo Tissoli will not only introduce a new dimension of design excellence but also further enhance Al Marjan I sland’s stature as a premium destination for luxury  living, global tourism and international investment,” said Arch. Abdulla Al Abdouli, CEO of Marjan.

Palazzo Tissoli is said to be the flagship project from Tissoli’s development pipeline. Commenting on the milestone, Rathore stated, “Palazzo Tissoli is the embodiment of our vision to create places that inspire, elevate, and redefine modern living. We are extremely proud to partner with a globally renowned design house like Pininfarina to bring this vision to life through our flagship project. Palazzo Tissoli will be an architectural marvel that blends art with life, design with function, and tradition with modernity. With its striking architecture, resort-style amenities, and a philosophy rooted in community, Palazzo Tissoli sets a new benchmark for branded living on Al Marjan Island.”

Drawing inspiration from the geometric beauty of Ras Al Khaimah’s Hajar Mountains, Palazzo Tissoli is said to reflect Pininfarina’s 95-year legacy of design excellence. The design house is one of the world’s leading designers of branded spaces and will be designing the Palazzo Tissoli as their first architectural masterpiece in RAK. With a portfolio of more than 1,950 projects worldwide, Pininfarina brings its signature philosophy of uniting beauty with performance, balancing art with industry, and tradition with innovation, creating residences that embody timeless Italian style and precision, the statement outlined.

“We are delighted to partner with Tissoli on this landmark project. For more than 95 years, Pininfarina has pursued the perfect balance of beauty and performance across architecture, automobile design, and cultural icons. Palazzo Tissoli is a unique opportunity for us to bring this heritage to the emerging emirate of Ras Al Khaimah. With this project we will be translating our Italian DNA into a project that reflects both the natural beauty and the dynamic lifestyle that is evolving in Al Marjan Island. Every detail has been crafted to offer residents a home that is not only functional but also an authentic expression of Italian design excellence,” Calorio concluded.

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Source: ME Construction News


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October 7, 2025 foasummit0

Marjan has unveiled a mixed-use beach town destination called Marjan Beach. The development aims to attract substantial investments across various sectors, including lifestyle, real estate, and hospitality, thereby accelerating RAK Vision 2030. Marjan Beach will set new standards for waterfront living in the Gulf Cooperation Council (GCC), said the developer.

Strategically designed to blend accessibility and livability, Marjan Beach presents a luxurious lifestyle for both residents and visitors. Upon completion, the development will boast 12,000 hotel rooms and 22,000 residential units, accommodating an anticipated population of 74,000 residents and a workforce of 32,000, with a capacity to welcome up to 180,000 visitors annually, the statement outlined.

Marjan Beach will serve as a residential community and a tourism destination. The project will encompass eight distinct neighborhoods, spread across an expansive 85m sqft of the masterplan area. It will feature a three km beachfront and 6.5m sqft of open green spaces, ensuring a balance between nature and urban convenience.

Overlooking the Arabian Gulf and Al Marjan Island, the Beachfront Resorts area offers waterfront hospitality with a public beach, commercial streets, and food outlets. Within walking distance of the beach, an upscale residential and commercial hub is framed by the largest park in the district, featuring green spaces that connect all neighborhoods. Marjan Beach also houses a Civic Centre that houses government offices and public services, as well as a space dedicated to innovation, the developer outlined.

Abdulla Al Abdouli, Chief Executive Officer, Marjan said, “We are thrilled to launch one of our most ambitious developments, Marjan Beach, which is set to transform the region’s waterfront landscape. Ras Al Khaimah’s appetite for world-class real estate projects that encompass residential, hospitality, leisure and business offerings has been on an upswing of late. The successful sold-out status of Al Marjan Island and RAK Central, reflects the emirate’s robust economic potential and we look forward to powering it further with Marjan Beach. We are confident the new mixed-use beach town destination will provide dynamic new avenues for investors, businesses and residents to be part of Ras Al Khaimah’s new shoreline, further enhancing the emirate’s livability and vibrancy.”

The unique blend of business, leisure, and lifestyle caters to diverse interests. A new area pioneers next-generation logistics, retail outlets, upscale residential amenities, active waterfront commercial outlets with recreational facilities, and midscale and low-scale residential units. This comprehensive range of housing facilities ensures that Marjan Beach accommodates people from all walks of life, the statement added.

Marjan Beach will feature a community-centric design with waterfront luxury, tech innovation and sustainability. The development prioritises sustainable infrastructure through renewable energy and innovative solutions, all while maintaining a delicate balance with the environment. Inclusive spaces for culture and well-being ensure that residents and visitors alike can enjoy a wholesome lifestyle, it added.

Marjan Beach is located near developments such as Wynn Al Marjan Island, Al Hamra Village, and the Ras Al Khaimah Economic Zone (RAKEZ). Additionally, the destination will enjoy easy access to the main highway, with ongoing roadworks enhancing connectivity to all parts of the country. Marjan Beach will offer a diverse range of accommodations, including residences, hotels, offices, leisure hubs, and an educational institution, all within its sustainable development framework.

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Source: ME Construction News


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October 7, 2025 foasummit0

Meraas has unveiled Nourelle, a new residential project nestled within Madinat Jumeirah Living. Situated in Jumeirah, Nourelle is said to further solidify Meraas’s position in the luxury real estate segment.

The developer says that the residential offering features a refined collection of homes characterised by bold architecture, breathtaking panoramic views, and wellness-focused amenities.

Nourelle is part of a three building residential project; the first building houses 66 residences across its 12-story structure. This includes 27 one bedroom apartments, 28 two bedroom apartments, 10 three bedroom apartments, and one four bedroom apartment. The four bedroom apartment boasts floor to ceiling glazing that maximises natural light and provides expansive views of the surrounding neighborhood.

A defining feature of Nourelle is its signature skybridge, which connects the three buildings and features landscaped sky gardens. These elevated oases enhance connectivity within the community and introduce a dramatic new silhouette to the Dubai skyline. Residents can enjoy an infinity pool, yoga decks, gym, children’s play areas, and designed communal gardens, said a statement from the developer.

Each residence is designed with  carefully selected materials that harmonise durability with elegance. This same ethos permeates lobbies, lounges, and communal areas, ensuring a refined ambiance at every touchpoint.

Nourelle strikes balance between exclusivity and connectivity. Residents can savor a serene, pedestrian-friendly environment with landscaped parks and walking areas. At the same time, they remain conveniently located just minutes from Sheikh Zayed Road, Dubai Media City, and Dubai International Airport, the statement concluded.

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Source: ME Construction News


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October 6, 2025 foasummit0

NMDC Group has signed a contract with the Pasay Harbor City Corporation (PHCC) to undertake large-scale dredging and land reclamation activities in Manila Bay, Philippines.

This groundbreaking development project aims to build a new eco-friendly, waterfront city. NMDC Group will undertake a thirty-month project with a total value of US $610.1mn. The project will encompass 130ha of island reclamation. The scope of work includes sand supply, dredging and reclamation, vertical drains installation, vibro compaction, and rock placement.

Eng. Yasser Zaghloul, Group CEO of NMDC Group commented, “By entering the dynamic Philippines market, NMDC Group continues to expand its operational presence in Southeast Asia as part of its strategic push towards diversified, global growth. We take pride in applying NMDC Group’s world-class expertise to contribute to innovative, sustainable projects, which create value for communities and industries alike.”

Manuel S. Gonzales, President of Pasay Harbor City Corporation, added: “We are delighted to work with NMDC Group, a globally renowned entity that has an unparalleled multi-jurisdiction track record of successful, innovative projects. We look forward to partnering with NMDC to fulfill our vision of creating a new eco-friendly, waterfront city.”

The deal follows a series of announcements from NMDC as it builds out its portfolio in Asia. The company has previously expanded operations in Taiwan, Vietnam and Malaysia, and says the Manila Bay contract strengthens its presence in Southeast Asia’s fast-growing marine infrastructure market.

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Source: ME Construction News


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October 6, 2025 foasummit0

Nakheel has appointed Al Nasr Contracting Company to undertake internal roadworks and essential utility services for Bay Villas at Dubai Islands. The contract is valued at US $46mn and covers the construction of access roads across the 636 unit residential community and the installation of vital utility services. These services will ensure connectivity between homes, public areas, and the broader island systems.

The developer’s decision to appoint Al Nasr Contracting Company aligns with its strategic approach to sequencing preparatory works with infrastructure delivery, and aims to facilitate efficient community development and deliver consistent outcomes for the residents, said a statement.

Khalid Al Malik, Chief Executive Officer, Dubai Holding Real Estate said, “Awarding this infrastructure contract to Al Nasr represents a critical foundation phase for Bay Villas, ensuring our 636-unit waterfront community is built on robust infrastructure from day one. Al Nasr’s proven expertise in complex civil works and strong safety record align with our commitment to delivering exceptional residential communities. This infrastructure investment directly supports Dubai Islands’ development as a premier waterfront destination, creating the essential connectivity that will enhance residents’ daily lives and long-term property values.”

Jean Nicolas El Helou, Chief Executive Officer, Al Nasr Contracting Company LLC added, “We are pleased to partner with Nakheel, an established leader in Dubai’s real estate landscape, on essential infrastructure works for Bay Villas at Dubai Islands. Our team will work closely with all stakeholders to ensure this new villa community meets the highest of standards set by Nakheel to support Bay Villas’ development as one of the newest and exciting communities for people looking to live and invest in Dubai.”

Al Nasr, the latest company to join the project, will support the delivery of Nakheel and Dubai Holding Real Estate’s Bay Villas project. Earlier this year, Fibrex Contracting was awarded a $707mn contract for the development of the new Dubai Islands community, the firm said.

Bay Villas will offer a variety of housing options, including townhouses, semi detached villas, garden villas, and premium waterfront and beachfront villas. These villas will be situated within a connected, resort style setting at Dubai Islands. The neighborhood aligns with the broader Dubai Islands vision and supports the Dubai 2040 Urban Master Plan by providing well planned communities, public spaces, and access to amenities.

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Source: ME Construction News