Ten projects that will shape Dubai’s future
5 September 2023

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Dubai is back with major projects after several years of subdued activity following Expo 2020 and the Covid-19 pandemic.
Over the past year, plans have emerged for 10 projects across various sectors that will help shape the emirate’s development over the coming decade.
Many of these projects have been planned for years. After stalling during the low-oil-price era of 2015-20, positive economic tailwinds mean many of these schemes are now being revisited by their owners and relaunched.
| 1. Tower at Creek Harbour |
The most recent relaunch announcement came at the end of August, when Emaar Properties founder Mohammad Alabbar revealed plans to redesign and relaunch the Tower at Dubai Creek Harbour.
The design works are expected to be completed by the first quarter of 2024, and construction slated to begin in the second half of 2024.
Details of the redesigned tower have not been launched, but sources close to the project say it will be tall and feature high-end residential units. This reflects Dubai’s buoyant property market and will stand in sharp contrast to the original design that involved building a 1,000-metre-tall observation tower.
Construction on that project stalled in 2019 after work on the foundations was completed. Two bidders were competing for the estimated $5.5bn contract to build the tower. They were Beijing-based China State Construction Engineering Corporation and a joint venture of the local/Belgian Belhasa Six Construct and Tishman, which US-based Aecom owns.
Belhasa Six Construct completed the raft foundations for the tower in May 2018. France’s Soletanche Bachy finished the piling.
Spanish/Swiss architect and engineer Santiago Calatrava Valls was the main consultant on the project, with the local office of Aurecon, supported by the UK’s RMJM and Dubai-based DEC, acting as local engineer and architect of record. The project manager for the tower was US-based Parsons.
| 2. Dubai Metro Blue Line |
The Dubai Creek Harbour development in Ras al-Khor will connect to Dubai’s Metro network via the planned Blue Line, which will serve as an extension to the existing Red and Green lines.
Dubai’s Roads & Transport Authority (RTA) is preparing to issue tender documents for the Blue Line.
The Green Line extension will commence from its current terminus at Creek station in the Jadaf area. It will cross over to the Dubai Creek Harbour development and continue through Ras al-Khor, International City, Dubai Silicon Oasis and Academic City, before concluding near the Desert Rose project. The line will have 11 stations.
The Red Line extension will connect its existing terminus in Rashidiya to Mirdif City Centre and continue through Mirdif and Warqaa, before joining the Green Line extension in International City.
The project was put on hold during the Covid-19 pandemic and reactivated in early 2022, when UK-based Atkins and Grimshaw, US-based Parsons and France’s Egis restarted design work.
The last metro project to be completed in Dubai was Route 2020, which connected the Red Line to the Dubai Expo site. The AED10.6bn ($2.9bn) contract to design and build the line was awarded to a consortium of Alstom, Spain’s Acciona and Turkiye’s Gulermak.
| 3. Deep Tunnels Portfolio |
Another major infrastructure scheme is the Deep Tunnels Portfolio, which involves developing deep-gravity sewage tunnels and treatment plants across the emirate.
In August, Dubai Municipality began the process of appointing a project management consultant to oversee the scheme, which will be developed as a public-private partnership (PPP).
Two sets of deep tunnels will be constructed, terminating at two terminal pump stations at sewerage treatment plants (STPs) in Warsan and Jebel Ali. A conventional sewage and drainage collection system and STPs will be built in Hatta.
The scheme also includes recycled water distribution systems connected to the STPs.
Dubai’s Executive Council approved the project in June and said it would require an investment of about AED80bn ($22bn). It added that the project has been designed to serve the needs of the Dubai population for the next 100 years in alignment with the Dubai Economic Agenda D33 and Dubai Urban Plan 2040.
| 4. DWTC/Candy tower |
Dubai World Trade Centre (DWTC) and UK-based Candy Capital have formed a joint venture to develop three towers in Dubai’s One Central commercial district.
The mixed-use towers will have two branded residences, two hotels and office space. The construction work involves building three towers. The two taller towers will be connected by a sky bridge containing one of the hotels.
Dubai-based Killa Design has been appointed as the architect for the project.
Candy Capital is a privately held family office established by British entrepreneur and businessman Nick Candy. His best-known property development is One Hyde Park in London, which he developed with his brother Christian. It comprises 86 apartments and three retail units and is considered one of the wealthiest residences in the world.
| 5. Al-Maktoum International airport |
Dubai plans to restart the emirate’s largest construction project, the AED120bn ($33bn) expansion of Al-Maktoum International airport, also known as Dubai World Central (DWC).
The expansion was officially launched in 2014. It involves building the biggest airport in the world by 2050, with the capacity to handle 255 million passengers a year. An initial phase, which was due to be completed in 2030, aims to take the airport’s capacity to 130 million passengers a year.
Altogether, the development will cover an area of 56 square kilometres.
Progress on the project slipped as the region grappled with the impact of lower oil prices and Dubai focused on developing the Expo 2020 site. Tendering for work on the project then stalled with the onset of the Covid-19 pandemic in early 2020.
Firms were competing for the estimated $2.7bn substructure contract for Concourse 1 and the West Terminal building – the largest contract tendered for the project.
The contract covers the delivery of more than 1.7 million square metres of connected basement footprint, housing the people-mover tunnels, baggage handling systems, ground services road network and other back-of-house technical and support facilities.
| 6. Palm Jebel Ali |
Dubai released details of the new masterplan for Palm Jebel Ali, an artificial island located south of Jebel Ali Freezone, in June.
Double the size of Palm Jumeirah, Palm Jebel Ali will have 110 kilometres of shoreline and extensive green spaces. The development will feature over 80 hotels and resorts and a diverse range of entertainment and leisure facilities.
It includes seven connected islands, catering to approximately 35,000 families. The development also emphasises sustainability, with 30 per cent of public facilities powered by renewable energy.
MEED reported in January that local developer Nakheel had approached contractors to complete the reclamation works for Palm Jebel Ali.
As with Palm Jumeirah, it is estimated that it could take around 20 years for Palm Jebel Ali to reach its full development potential. Nakheel has previously secured AED17bn ($4.6bn) in funding to expedite the development of various projects, including the Dubai Islands and other waterfront schemes.
The upcoming dredging contract for Palm Jebel Ali is anticipated to involve 5-6 million cubic metres of material, contributing to the completion of the man-made offshore island.
While reclamation work for Palm Jebel Ali is mostly finished, the project was put on hold in 2009. Nakheel had made some progress with infrastructure development, including the construction of bridges on the island by Samsung C+T.
| 7. The Oasis by Emaar |
Another major masterplanned development was launched by Emaar Properties in June. The $20bn Oasis by Emaar covers a total land area of more than 9.4 million square metres, close to Dubai Investments Park. The project involves building over 7,000 residential units along with water canals, lakes and parks. It will also include the development of a 150,000 sq m retail area.
| 8. The Island |
Another project that has been restarted in recent years is The Island, which Wasl is developing.
Located off the coast of Umm Suqeim, near the Jumeirah public beach, it is expected to feature 1,400 hotel rooms and apartments, in addition to retail, food and beverage and entertainment options. The 10.5-hectare island will include properties featuring the MGM, Bellagio and Aria hotel brands.
The developer is close to appointing a contractor to build the development after bids were submitted earlier this year.
Tender documents for the contract were previously issued in 2020, when the project was being delivered with a consultancy team led by South Africa’s Mirage.
Germany’s Kling Consult is now the project manager.
| 9. Al-Habtoor Tower |
The $1bn Al-Habtoor Tower project is located at Al-Habtoor City, next to Dubai Water Canal, on a 7,500 sq m plot. The tower, which the developer describes as one of the largest buildings in the world, will have three basement levels, a seven-storey podium and 73 floors of residences. The built-up area will be 350,000 sq m.
Its construction is technically challenging because the tower will be built above an existing parking basement that serves the already completed buildings at Al-Habtoor City.
Al-Habtoor had the option of demolishing the basement. Instead, it decided to employ a top-down approach to the construction that involves piling down through the basement, while at the same time starting construction above ground.
The top-down approach is expected to reduce the construction time by about one year, meaning the tower will be completed in 1,000 days or roughly three years.
China Railway 18th Bureau Group was appointed as the main contractor in May.
| 10. Dubai Pearl |
After two aborted attempts, development is expected to start again at the Dubai Pearl site, located north of Dubai Media City close to the Palm Jumeirah.
The structures erected for the previous project have been demolished this year. Dubai Holding, which now owns the land, has held a design competition and is in the final stages of selecting the winning architect.
Local project management firm North 25 is overseeing the design competition.
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Kuwait construction holds up despite regional strife29 July 2026

Kuwait’s construction and transport sectors are emerging from one of their strongest periods on record, with contract awards totalling $5.5bn last year, close to the record $5.6bn set in 2024.
Against that backdrop, momentum has held up better than expected in 2026. Awards in the construction and infrastructure sectors reached about $1.2bn in the period to 27 July, only marginally down from the $1.6bn recorded over the same period last year. Given the disruption to investor confidence and tender timelines across the Gulf caused by regional conflict, the near-flat comparison points to a market that has held its footing rather than stalled.
That steadiness reflects a broader push to keep major projects moving even as the region navigates a more uncertain operating environment. Underpinning the momentum is the $4bn engineering, procurement and construction (EPC) contract awarded to China Communications Construction Company (CCCC) in late December for the remaining phases of Mubarak Al-Kabeer Port on Boubyan Island, covering dredging, marine works and terminal infrastructure.
Although the deal predates the current period of regional disruption, it helped establish momentum that has carried into 2026, with Kuwait continuing to advance large-scale schemes across ports, roads and utilities.
This marks a notable shift for a market that, prior to its recent run, had a reputation for slow decision-making and a thin pipeline relative to regional peers. Contractors and consultants point to a steadier flow of tenders reaching the award stage this year, even with overall values marginally below last year’s pace – a gap narrow enough to suggest Kuwait’s pipeline has proven more insulated from regional volatility than many expected.
Infrastructure pipeline
Kuwait’s infrastructure pipeline is now approaching $16bn, spanning ports, roads and utilities projects at various stages of tendering and execution. The most recent addition came at Shuaiba Port, Kuwait’s oldest and principal industrial gateway, where the Kuwait Ports Authority (KPA) received bids in July for infrastructure and electrical modernisation works.
The package sits alongside longer-term plans for Shuaiba. Since December, KPA has been in talks with Abu Dhabi’s AD Ports Group over a possible concession to develop a new container terminal, adding to a pipeline that already includes upgrade works at Shuwaikh and Doha ports under KPA’s wider tender programme.
Elsewhere, Kuwait’s Public Authority for Housing Welfare (PAHW) has opened commercial bids for two major infrastructure and public buildings packages at South Al-Mutlaa Residential City. Local firm United Buildings Company has emerged as the lowest bidder on both, with combined offers worth KD44m covering the construction, completion and maintenance of services, infrastructure and public buildings across different district centres.
Tendering is also under way for the estimated KD222m ($718m) rainwater drainage networks serving Sabah Al-Ahmad, South Sabah Al-Ahmad, Al-Khairan and Al-Wafra. The works comprise a major concrete sewer, three collection basins and an extensive stormwater drainage network, with collection tanks linked through an independent system that discharges to sea via the Nuwaiseeb outlet.
Construction gains pace
This infrastructure momentum has been mirrored in the construction sector, where Kuwait awarded an estimated $232m contract to China State Construction Engineering Corporation (CSCEC) in mid-July to construct the new headquarters of the Kuwait Direct Investment Promotion Authority (KDIPA). The contract covers a 275-metre, 55-storey office tower in Kuwait City’s Sharq district, targeted for completion in the second quarter of 2028.
Beyond the KDIPA award, several schemes forming part of Kuwait’s estimated $36bn construction pipeline are expected to progress in the coming months.
The largest is the first phase of the planned $22bn Sabriya City project, for which Beijing- and Shanghai-listed Metallurgical Corporation of China (MCC) is expected to sign one of the main contracts. MCC presented a fully funded proposal to Kuwaiti ministers for the city last year. The project is expected to include 52,000 housing units, alongside a power plant, hospital and marina.
Consultants are meanwhile bidding for the design and supervision of the estimated $580m service hub buildings at Al-Mutlaa Health City, a project spanning more than 351,000 square metres.
The Kuwait Authority for Partnership Projects (Kapp) has also awarded two landmark public-private partnership (PPP) deals this year.
In January, it awarded an estimated $252m contract to develop the Al-Muthanna Complex real estate project to a local consortium comprising Real Estate House, National Investments Company, Arkan Kuwait Real Estate Company, Beyout Holding Company and Osoul Investment Company. The contract covers the rehabilitation, development, operation and management of the complex under a 15-year usufruct arrangement.
In February, United Real Estate Company was awarded the third phase of a waterfront real estate project in Sharq, Kuwait City, under a similar 15-year arrangement covering rehabilitation, development, operation and management.
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Events put Saudi Arabia on the world stage29 July 2026
Commentary
Colin Foreman
EditorThe Expo 2030 and the 2034 World Cup will not transform Saudi Arabia’s economy on their own, but the momentum they generate and the international profile they bring underline their importance.
Over the past decade, Saudi Arabia has taken great strides in changing the international perception of the kingdom. Futuristic projects and investment in football and other sports, combined with social reforms such as opening cinemas and allowing women to drive, have helped foster a new image for the country.
This year, those efforts have been dented as the rest of the world once again sees a region blighted by conflict. Saudi Arabia will need to correct the course of public perception once the conflict draws to a close, and Expo 2030 Riyadh and the 2034 Fifa World Cup are well timed to help the kingdom maintain its modernisation drive.
Both are truly global events that will attract millions of visitors. More than 40 million visits are anticipated at the Expo, and the World Cup final in Qatar in 2022 was watched by some 1.5 billion people.
Both are truly global events that will attract millions of visitors
Locally, the impact has already begun. Flying into Riyadh’s King Khalid International airport from the south, one can clearly see earthworks and infrastructure progressing at the Expo site. To the east of the city, construction work on King Fahd Sports City Stadium is well advanced.
Expo Riyadh 2030 Company expects the construction phase and legacy development to contribute around $64bn to Saudi GDP and generate some 171,000 jobs. Fifteen stadiums are planned across five cities.
Construction activity is ramping up. Tendering is starting for the first buildings at the Expo site, including the KSA Pavilion. Meanwhile, work is beginning on more stadiums and other related infrastructure projects that will support the World Cup.
In the build-up to Expo 2030 and World Cup 2034, construction will be the main event.
READ THE AUGUST 2026 MEED BUSINESS REVIEW – click here to view PDFSaudi Arabia builds for the global stage; Rising uncertainty creates fresh set of challenges in the Maghreb; Gulf banks remain robust in the face of geopolitical tensions.
Distributed to senior decision-makers in the region and around the world, the August 2026 edition of MEED Business Review includes:
> WORLD CUP: What the 2026 World Cup means for Saudi Arabia 2034> MARKET FOCUS: Maghreb fortunes diverge> INDUSTRY REPORT: GCC banks prove resilient amid turmoil> LEADERSHIP: Private capital and the GCC infrastructure inflection> INTERVIEW: Developers look beyond standalone solarTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/17794600/main.gif -
Read the August 2026 MEED Business Review29 July 2026
Download / Subscribe / 14-day trial access Saudi Arabia’s biggest event and infrastructure programmes are moving into a new phase of delivery.
Construction activity at the Expo 2030 Riyadh site is accelerating, with some of the largest packages set to be awarded before the end of this year. Infrastructure works are gathering pace and preparations are intensifying for an event that is expected to reshape the capital long after its six-month run comes to an end.At the same time, the lessons emerging from this summer’s expanded Fifa World Cup provide an early guide to the opportunities – and challenges – Saudi Arabia will face as it prepares to host football’s biggest tournament in 2034.
August’s Market Focus turns to the Maghreb, where four economies are following increasingly divergent paths. While Morocco is benefiting from World Cup-driven investment and a booming tourism sector, Algeria is deploying record public spending, Tunisia is pressing ahead with strategic power investments despite fiscal constraints, and Libya is seeing sustained interest from oil and gas investors undeterred by ongoing political disputes. The report examines what is driving this divergence and where the region’s strongest opportunities now lie.
This edition also includes MEED’s annual ranking of the Top 50 GCC banks, exploring how regional lenders have demonstrated remarkable resilience through recent geopolitical turbulence, supported by strong funding, capital buffers and government backing.
In the latest issue, we speak to renewable energy consultancy SgurrEnergy about why developers are increasingly moving beyond standalone solar towards hybrid renewable energy projects that combine battery storage and other technologies to deliver round-the-clock power.
We also examine how geopolitical tensions, shifting trade routes and supply chain disruption are driving a new wave of global investment in port infrastructure, and consider what Saudi Arabia must do to unlock greater pools of private capital as sovereign funding gives way to a more institutionally financed infrastructure model.
Finally, we congratulate the winners of the Mena Banking Excellence Awards 2026, recognising the retail, digital and SME institutions that are setting new benchmarks for innovation, customer experience and business banking across the region.
We hope our valued subscribers enjoy the August 2026 issue of MEED Business Review.

Must-read sections in the August 2026 issue of MEED Business Review include:
> AGENDA: Expo 2030 Riyadh construction gathers pace
> FOOTBALL: What the 2026 World Cup means for Saudi Arabia 2034INDUSTRY REPORT:
Top 50 Gulf banks
> GCC banks prove resilient amid turmoil> AWARDS: Mena Banking Excellence Awards reveals retail, digital and SME winners
> LEADERSHIP: Private capital and the GCC infrastructure inflection
> PORTS: Geopolitical risk shapes $513bn of global ports projects
> INTERVIEW: Developers look beyond standalone solar
> MAGHREB MARKET FOCUS:
> COMMENT: Maghreb fortunes diverge
> GOV'T & ECONOMY: Elections fail to change the Maghreb's political realities
> PAYMENTS: Morocco’s payments shift remains cash-led
> OIL & GAS: Morocco strives to work out feasible energy strategy
> OIL & GAS: Libya’s oil and gas project market has grown by 48%
> OIL & GAS: Value of Algerian extractive projects more than doubles
> POWER & WATER: Tunisia drives Maghreb power investment with $1.4bn electricity link
> CONSTRUCTION: Morocco is bright spot in Maghreb construction
> CONSTRUCTION: Algeria’s record budget sets stage for construction comeback
> TOURISM: Morocco tourism hits record highs
> TOURISM: Tunisia's tourism sector eyes record growth> MEED COMMENTS:
> I Squared deal is latest sign of PIF's new playbook
> Projects market holds its nerve
> Saudi water sector awaits next catalyst
> Gulf IWPPs risk becoming a two-horse race> GULF PROJECTS INDEX: Gulf index maintains growth run
> JUNE 2026 CONTRACTS: Middle East contract awards
> ECONOMIC DATA: Data drives regional projects
> OPINION: The moving finger of time
> BUSINESS OUTLOOK: Finance, oil and gas, construction, power and water contracts
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Bahrain tenders Tashan sewer scheme29 July 2026
Bahrain’s Ministry of Works (MoW) has issued a tender for the construction of a sewer network in Tashan, on the outskirts of Manama.
Contractors have until 20 September to submit bids.
The scheme covers blocks 405, 419 and 421, administrative areas covering Tashan and surrounding communities. It will expand the local wastewater collection network and provide connections for existing and planned properties.
The scope includes about 2 kilometres of 150mm-diameter lateral sewers and 4.8km of main sewer lines ranging from 200mm to 400mm in diameter.
The contract also covers house connections and future connections for planned properties.
A pressure station with a capacity of 75 litres a second will be built as part of the scheme. It will be supported by about 834 metres of 250mm-diameter rising main and a discharge chamber.
Other works include the construction of manholes and associated infrastructure, as well as the decommissioning of an existing lift station.
The project is part of Bahrain’s wider programme to develop and expand its sewerage networks and treatment infrastructure.
In June, MoW issued a tender for another sewer network project in A’ali, southwest of Manama, covering Block 730 and part of Block 740.
The scheme will connect 232 plots to the public sewer network. It includes 5.2km of sewer mains with diameters ranging from 200mm to 300mm and about 3.4km of 150mm-diameter lateral sewer lines.
The scope also includes house connections, new manholes and connections to the existing sewer network.
The bid submission deadline for the A’ali project is 5 August.
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Chinese firm signs $3.3bn Kuwait wastewater deal29 July 2026
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China State Construction Engineering Corporation (CSCEC) has confirmed it has signed a contract to build Kuwait’s largest wastewater treatment plant.
The North Kabd wastewater treatment plant and related works contract was signed on 26 July between senior officials from CSCEC and Kuwait’s Ministry of Public Works (MPW).
The plant has a planned capacity of up to 1 million cubic metres a day (cm/d).
In January, MEED reported that the Chinese firm had been appointed as the main contractor for the project pending the contract’s official signing.
According to official government records at the time, the Central Agency for Public Tenders (Capt) had authorised MPW to proceed with a direct contract valued at KD999.85m ($3.3bn).
The contract covers the design, construction, operation and maintenance of the facility over a 10-year period.
Earlier, in September 2025, MEED reported that a Chinese firm was expected to sign the contract as part of a series of Kuwait-China agreements covering infrastructure and energy.
This included a $4bn agreement signed in December with China Communications Construction Company for the Mubarak Al-Kabeer Port project.
The MPW invited bids for the expansion of the Kabd facility in 2022.
Plans for the North Kabd sewage treatment plant (STP) were first announced in 2013, according to regional project tracker MEED Projects.
The initial plan included two STP units with a total combined capacity of close to 500,000 cm/d, in addition to an upgrade to an existing plant.
Kuwait has been investing significantly in wastewater infrastructure to address challenges in reusing treated sewage.
In February, Saudi Arabia’s Acwa and local financial institution Gulf Investment Corporation signed a contract with Kuwait’s Ministry of Electricity & Water, confirming the long-term offtake arrangements for the Al-Zour North independent water and power plant (IWPP) phases two and three.
The integrated facility will have a net power generation capacity of at least 2,700MW and a net desalinated water capacity of at least 545,520 cm/d, making it the largest IWPP ever undertaken in the country.
The Kuwait Authority for Partnership Projects and the Ministry of Electricity & Water are also tendering phase one of the Al-Khiran IWPP.
The estimated $200m project includes an 1,800MW power plant and a desalination facility with a capacity of 568,000 cm/d.
Bids were submitted for the project in June.
READ THE AUGUST 2026 MEED BUSINESS REVIEW – click here to view PDFSaudi Arabia builds for the global stage; Rising uncertainty creates fresh set of challenges in the Maghreb; Gulf banks remain robust in the face of geopolitical tensions.
Distributed to senior decision-makers in the region and around the world, the August 2026 edition of MEED Business Review includes:
> WORLD CUP: What the 2026 World Cup means for Saudi Arabia 2034> MARKET FOCUS: Maghreb fortunes diverge> INDUSTRY REPORT: GCC banks prove resilient amid turmoil> LEADERSHIP: Private capital and the GCC infrastructure inflection> INTERVIEW: Developers look beyond standalone solarTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/17794972/main.jpg