The developments indicate a strong commitment from Middle Eastern nations to not only boost their infrastructure and residential capacities but also to ensure sustainability and economic diversification. This ongoing transformation is poised to redefine the region's landscape, making it a key player in the global market while offering enhanced quality of life for its residents.
SEDRA BY ROSHN Group
Dar Al Arkan, established in 1994 and the largest developer by market value in Saudi Arabia, has built 15,000 residential villas across eight countries. Additionally, they recently launched luxury villas designed in collaboration with Elie Saab within the same SEDRA community. ROSHN continues to expand, having launched several new developments across Riyadh and Jeddah in the past year.
Al Zour Power Station Upgrade by Mitsubishi Power And HEISCO
The station, central to Kuwait since the 1980s, will see improvements in its boilers and control systems to extend its operational life and improve environmental performance. This initiative aligns with Kuwait's Vision 2035 to develop a sustainable, low-carbon energy sector.
Marsa LNG Project by Technip Energies
The project, part of the Marsa LNG complex, will produce 1 million tons of LNG annually, powered entirely by renewable energy from a planned nearby solar farm. This LNG will serve as a low-carbon marine fuel, aligning with global efforts to reduce emissions in shipping and supporting the transition to net-zero emissions.
The UAE-Oman Hafeet Rail Link by Siemens and Hassan Allam Co
The UAE-Oman rail project will boost economic ties by connecting Sohar Port to the UAE National Railway, enhancing trade and logistics. It will also support industrial and tourism growth between the two nations.
Al Metlaa Residential District by Kuwait Public Authority For Housing Welfare
Despite these developments, Kuwait's residential real estate market declined by 30% in 2023 due to increased costs and higher discount rates. But a new law allowing foreign property ownership could stimulate growth.
The Marina Hotel At Amaala Triple Bay by Hassan Allam
The contract now includes civil construction and infrastructure for a 61,128 sq m area. This project is part of Amaala's broader development, featuring luxury accommodations and wellness resorts, supporting Saudi Arabia's economic and tourism growth.
The Masaar Megaproject by Arada
With a completion target of end-2025, this phase continues the development of Masaar, which will feature 3,000 homes set in a nature-inspired community with a "green spine" of 70,000 trees. The contracts for Azalea have been awarded to Saleh Construction LLC and Yanal Building Contracting Company.
Azizi Venice Project by MZ Architects Collaborates
MZ Architects, renowned for its innovative designs since 2002, will contribute to the development which includes over 30,000 residential units and more than 400 luxury villas. Azizi Venice features a luxurious, temperature-controlled pedestrian boulevard with shops, eateries, and Azizi Opera, a cultural venue.
South Bay Project by Al Kharafi Construction
Previously, GINCO General Contracting LLC handled the initial phases and infrastructure. The completed project will feature over 800 villas, 200+ waterfront mansions, a 1-km lagoon, and extensive amenities including a promenade, beaches, and a mall. The CEO of Dubai South Properties, Nabil Al Kindi, also announced plans for a new luxury apartment project in the area, aimed at enhancing the residential offerings in Dubai South, where over 25,000 people currently reside.
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