Property, infrastructure, engineering and materials
China Harbour Engineering Company has completed the main concrete structure of an underground service pipe gallery in western Saudi Arabia. The 1,507-meter installation forms part of the Jeddah Central Comprehensive Development Infrastructure Project under Saudi Vision 2030. The completion enables subsequent mechanical, electrical, and smart city pipeline installations.
The UAE's new Civil Transactions Law (Federal Decree-Law No. 25 of 2025), which took effect on 1 June 2026, renumbered and codified key provisions on force majeure and hardship. Force majeure is now governed by Article 236 and hardship by Article 224, requiring parties to establish actual impossibility rather than mere commercial difficulty. London Business News reports that businesses contracting under UAE onshore law, including in free zones such as Meydan Free Zone, should adjust their contractual terms and notice procedures.
The UAE Federal Tax Authority has overhauled VAT refund procedures for citizens building new homes under the Zero Government Bureaucracy Programme. The update reduces application data fields by 50% and processing times by 80%. A dedicated smart application called 'Maskan' was also launched to verify claims.
UAE-based marine engineering company NMDC Group has accepted delivery of its new heavy-duty cutter suction dredger, Abu Al Bakhoush, in Nantong, China. The 148-metre self-propelled vessel was constructed by Jiangsu Haixin Shipping Heavy Industry. The addition expands NMDC's operational fleet beyond 170 vessels to support global marine and port projects.
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