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Oman Cables Industry (@omancablesindustry) has broken ground on its third manufacturing plant at Al Rusayl Industrial City, with investment exceeding $26 million (RO10 million).

The facility will include a 42-metre cable production tower and is expected to create more than 60 employment opportunities. Planned systems include AI-supported predictive maintenance and AI-driven quality monitoring.

The plant will handle cable drums more than four metres in diameter and weighing up to 50 tonnes. It forms part of a wider advanced-manufacturing investment programme exceeding $39 million (RO15 million).

Chairperson Cinzia Farisè said: “The energy and infrastructure landscape is transforming rapidly, and so is the role we play within it.”

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#OmanCables #Oman #Manufacturing #Infrastructure by @propertynewsint

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Zoya Developments (@zoya.developments) has broken ground on Elinor by Zoya, its $28.3 million (AED104 million) residential project in Dubai South, less than two months after launch.

The development sold out in under two weeks through an exclusive sales partnership with First Prime Properties.

Elinor will offer fully furnished studio and two-bedroom apartments, with handover scheduled for Q3 2028.

Zoya says its launched and pipeline projects reached a combined value of $326.7 million (AED1.2 billion) within two years of entering Dubai. Elinor’s design includes functional layouts and wellness amenities.

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#ZoyaDevelopments #ElinorByZoya #DubaiSouth #DubaiRealEstate by @propertynewsint

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Gargash Prime (@gargashprime) and JINGDONG Property have agreed to develop a logistics facility in Dubai Industrial City (@dubaiindcity), with planned investment of more than $136 million (AED500 million).

The project will cover around 2.5 million sq ft, serving as a regional distribution and fulfilment hub for the UAE and wider Middle East.

Construction is expected to begin in 2027. The first phase is planned to take around 18 months, with two phases expected and a possible third later.

The agreement was signed at the Dubai Business Forum - China in Shenzhen, organised by Dubai Chambers (@dubaichambers).

Gargash Prime Managing Director and Group CEO Shehab Gargash said the final project cost is not yet fully determined. JINGDONG Property CEO Carl Chen said the facility is expected to support customers expanding in the Middle East.

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#Dubai #Logistics #IndustrialRealEstate #PropertyNews by @propertynewsint

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Kasumigaseki Properties Development plans to develop its own projects in the UAE, extending Kasumigaseki Capital’s presence beyond real estate investment.

Its approach centres on quality, peace of mind and purposeful innovation, with details of its first UAE development due soon.

The company says each project starts with a study of its site, future residents and the need it must address, before design, materials and technology are chosen. After-sales support will continue beyond handover.

Tatsuya Suzuki, CEO of Kasumigaseki Properties Development, said: “Investing in a building and creating one carry very different responsibilities. As investors, we assessed the work of others. As a developer, every detail is ours to answer for, from the first drawing to handover and every year that follows. We are taking that on in the United Arab Emirates because we believe buyers here are ready to expect it from every developer, and we intend to be the one that delivers it.”

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#Kasumigaseki #UAERealEstate #PropertyDevelopment #PropertyNewsInternational by @propertynewsint

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Meadow Partners has secured planning approval for a £600 million redevelopment of 10–20 Victoria Street in Westminster.

Designed by @piercyco, the office-led scheme will replace two existing buildings, providing just over 24,000 sq m of Grade A office space and approximately 754 sq m of retail and restaurant space.

The existing basement will be retained. The stepped design includes terraces and views across the historic area around Victoria Street, Westminster Abbey and Parliament Square.

J. Andrew McDaniel, co-founder and partner at Meadow Partners, said: “We are pleased to receive the approval, which gives us the opportunity to move forward with a scheme that reflects our approach of identifying sites with strong fundamentals, investing with conviction and creating assets that can perform over the long term.”

The professional team includes @oxygenassetmanagement as development manager, Quantem as cost consultant, @heynetillettsteel as structural engineer, Hoare Lea for building services and sustainability, Montagu Evans for planning and heritage, and Opera as project manager.

Image: Meadow Partners.

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#Westminster #LondonProperty #CommercialRealEstate #PropertyNews by @propertynewsint

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Mohamed Alabbar (@mohamedalabbar) has outlined plans for between $16 billion and $17 billion in real estate and tourism investment in Syria, with major developments planned in Damascus and Latakia.

He disclosed the plans at RISE Summit 2026 at Dubai World Trade Centre on 14 October. Reuters identified Eagle Hills (@eaglehillsuae), the company he founded and chairs, as the developer behind the planned investment. Alabbar is also founder and managing director of Emaar Properties (@emaardubai).

Alabbar said: “The planned investments in Syria would range between $16 billion and $17 billion.”

He said investment decisions should be grounded in commercial feasibility, economic development and social responsibility, with job creation, local business activity and broader economic contribution extending beyond property development. Some major projects can take as long as two decades, making transparency and relationships with local communities important.

In the same session, Alabbar said Emaar’s real estate sales backlog stood at approximately $40.8 billion (AED150 billion). The company typically sells around 4,000 units a month, while cancellations had fallen below 600 after rising to around 1,200 during a period of regional tension.

He said Emaar maintains consistent pricing rather than introducing steep discounts or changing payment terms during slower periods, to maintain confidence among existing buyers.

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#Syria #RealEstate #Investment #PropertyNews by @propertynewsint

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Aldar (@aldar) has agreed a $300 million (AED1.1 billion) forward purchase with Arada (@aradaliving) for nine residential buildings at Aljada (@aljadashj), marking its first real estate investment in Sharjah.

The deal covers three residential blocks containing more than 1,100 homes. Arada is scheduled to deliver the assets in the fourth quarter of 2029.

The acquisition expands Aldar’s develop-to-hold pipeline to approximately $5.72 billion (AED21 billion). It builds on the companies’ September partnership covering approximately $4.08 billion (AED15 billion) of development opportunities in Abu Dhabi.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said: “Sharjah is a large and growing residential market, and Aljada provides an attractive entry point through one of the emirate’s leading master-planned communities.”

Ahmed Alkhoshaibi, Group Chief Executive Officer of Arada, said: “This transaction is a strong vote of confidence in both Aljada and the Sharjah residential market more broadly.”

The nine buildings are expected to cater mainly to end-users and long-term renters once completed. Aljada spans approximately 2.2 million sq m and is planned to contain around 25,000 homes at full build-out.

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#Sharjah #UAERealEstate #Aljada #PropertyNews by @propertynewsint

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Guggenheim Abu Dhabi is preparing to open on December 11, 2026, bringing one of the world's most anticipated museum projects to Saadiyat Cultural District in Abu Dhabi.
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In this Property News International feature, we take a closer look at the architecture of the late Frank Gehry, whose design combines monumental sculptural forms with elements inspired by the UAE's traditional wind towers.
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The museum's distinctive silhouette is defined by 10 towering cones reaching up to 88 meters, designed to provide shade and help circulate air through the building's courtyards and terraces. The complex will include approximately 11,600 square meters of indoor exhibition space and a further 23,000 square meters of outdoor exhibition areas.
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Developed by the Department of Culture and Tourism – Abu Dhabi in collaboration with the Solomon R. Guggenheim Foundation, the project brings together an international architecture and construction team. Gehry Partners led the architectural design, with Adamson Associates involved as executive architect during the early design stages.
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The main construction contract was awarded to a joint venture between Six Construct, part of BESIX Group, and Trojan General Contracting.
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The museum will focus on global modern and contemporary art, with particular attention to artistic practices from West Asia, North Africa, and South Asia. Its opening program will also include an exhibition exploring Frank Gehry's design process through original sketches, models, and archival materials.
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Watch the full video for a closer look at the museum's architecture, construction, and the teams behind one of Abu Dhabi's major new cultural landmarks.
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Read more:
https://www.propertynewsint.com/the-gallery/guggenheim-abu-dhabi-prepares-for-december-opening-1
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#GuggenheimAbuDhabi #FrankGehry #Architecture #SaadiyatIsland #AbuDhabi by @propertynewsint

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Advanced Pipes and Casts Company, a subsidiary of Qatar-based Aamal Company (@aamalqpsc), has signed a collaboration agreement with China Railway Tunnel Group to explore opportunities related to tunnel segment projects.

The framework covers potential cooperation on upcoming tunnel segment developments and associated supply-chain requirements in Qatar and the wider region.

Aamal Chief Executive Rashid Al Mansoori signed on behalf of Advanced Pipes and Casts Company. Sheikh Khalid bin Faisal Al Thani and executives from both companies attended.

No project value, financial terms or implementation timetable were announced. No individual tunnel project, contract award or construction start date was identified.

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#Qatar #Construction #Infrastructure #Tunnelling by @propertynewsint

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