IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

Engineering

TA’ZIZ, a joint venture between ADNOC and ADQ, has awarded a $1.99 billion Engineering, Procurement and Construction (EPC) contract to China National Chemical Engineering & Construction Corporation Seven, Ltd. (CC7). The contract is for constructing the UAE's first integrated, single-site polyvinyl chloride (PVC) production complex, which will be one of the top three largest globally. The Phase 1 ecosystem is expected to contribute $50 billion to the national economy and create 26,000 jobs.
HFA Architecture + Engineering has acquired Boston-based life sciences specialist TRIA, marking its formal entry into the Science + Technology sector. The move brings TRIA’s laboratory and biomanufacturing design expertise into HFA’s national architecture and engineering platform, strengthening its ability to serve biotech, pharmaceutical and research clients across the US while expanding its geographic footprint.
NG Bailey has secured a 115,000sqft industrial unit near Leeds to support Tata Group’s £4bn battery gigafactory, the UK’s largest electric vehicle battery plant. The refurbished Shawcross 115 facility, leased from Crossbay, will serve as a key production and engineering hub, providing enhanced capacity for the project and strengthening the region’s strategic role in the EV supply chain.
OMNIYAT has announced LUMENA ALTA, a 380-metre, 73-storey tower set to be Dubai’s tallest commercial building in Business Bay. The project, featuring 45 floors of premium office space, is scheduled for completion in 2030.
GS Engineering & Construction will divest its Spanish water subsidiary GS Inima Environment in a $1.2bn deal, expected to close by 2027, as part of a wider portfolio restructuring strategy.
Dubai has revealed plans to construct the tallest metro station in the world as part of its Blue Line expansion. Located at Dubai Creek Harbour, the station will rise 74 metres and form part of a major infrastructure project that includes 14 new stations, improved airport connectivity, and modern transport facilities designed for future growth.

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