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Press Dossier   By Date  15/01/2026
Dubai records strongest residential year in 2025; nets $149bn in sales
United Arab Emirates: Dubai has recorded its strongest residential year on record for 2025, with total sales value reaching AED547 billion ($149 billion), up 28% year-on-year, across 203,000 transactions, with a 20% increase in volume, according to a report by betterhomes, an international proptech and real estate agency.
Alef, Emaar unveil Palace luxury branded project in Sharjah
United Arab Emirates: Alef Group, a premier real estate developer in Sharjah, has announced the official launch of Palace Residences Al Mamsha, a luxury branded residential project developed in collaboration with Emaar Hospitality.
Mitsubishi Power snaps up major Qatar gas turbine order
Qatar: Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, has secured a major contract to supply advanced gas turbine technology for Qatar's Facility E Independent Water and Power Project (IWPP) in the Ras Abu Fontas area. It is expected to be operational in 2028.
UAE, Nigeria forge stronger economic ties with signing of Comprehensive Economic Partnership Agreement
United Arab Emirates: President His Highness Sheikh Mohamed Bin Zayed Al Nahyan and His Excellency Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, attended in Abu Dhabi on Tuesday the signing ceremony of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Nigeria.
BEEAH, Masdar to jointly develop utility-scale solar projects in Sharjah
United Arab Emirates: BEEAH, the region’s sustainability and innovation pioneer, and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a Joint Development Agreement (JDA) to identify and develop utility-scale clean energy projects in Sharjah.
Saudi inflation edges up to 2.1% on higher rents: GASTAT
Saudi Arabia: Saudi Arabia’s annual inflation rate rose to 2.1 percent in December, up from 1.9 percent a month earlier, as housing rents continued to drive price gains, official data showed.
Metso wins contract to deliver gold processing plant in Saudi Arabia
Saudi Arabia: Saudi mining giant Maaden has commissioned Metso, a global leader in sustainable gold processing technologies, to supply a gold processing plant for its Ar Rjum mine located in the Makkah region, approximately 200 km northeast of Ta’if, Ar Rjum.
Mott MacDonald boosts Saudi presence with new Riyadh office
Saudi Arabia: Mott MacDonald has opened its new office in Riyadh, strengthening its local operations and commitment to long-term investment in Saudi Arabia.
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