Industry Updates
UAE Construction & Oil & Gas News
The latest construction mega projects, oil & gas sector updates, equipment trends, and market developments across the UAE and GCC.
Construction
Dubai Creek Tower Project Enters Final Construction Phase
The iconic Dubai Creek Tower project has entered its final construction phase, requiring an expanded fleet of tower cranes and heavy lifting equipment. Contractors are sourcing additional crane capacity to meet tight 2026 deadlines.
Abu Dhabi Allocates AED 50 Billion for Infrastructure Upgrades
The Abu Dhabi government has announced a major infrastructure investment package covering roads, bridges, and utility networks. The spending is expected to drive significant demand for excavators, loaders, and piling equipment across the emirate.
NEOM Supply Chain Creating Equipment Demand Across GCC
Saudi Arabia's NEOM mega-project continues to create ripple effects across the GCC construction equipment market. UAE-based rental companies report increased cross-border demand for telehandlers, cranes, and earthmoving machinery.
UAE Construction Sector Grows 6.8% in Q4 2024
The UAE construction sector posted 6.8% year-over-year growth in Q4 2024, driven by residential mega-developments in Dubai and industrial expansion in Abu Dhabi and Ras Al Khaimah.
Electric Construction Equipment Gains Traction in Dubai
Dubai Municipality's green building mandates are accelerating adoption of electric and hybrid construction equipment. Several rental firms are adding electric excavators and telehandlers to their UAE fleets.
Sharjah Industrial Zone Expansion Boosts Forklift Demand
The expansion of Sharjah's industrial free zones is creating strong demand for forklifts and material handling equipment, with logistics operators seeking both short-term and long-term rental solutions.
Expo City Dubai Phase 2 Construction Begins
Phase 2 development at the Expo City Dubai district has commenced, with mixed-use residential and commercial projects requiring significant heavy machinery deployment including boom lifts, cranes, and concrete pumps.
UAE Introduces Updated Heavy Equipment Safety Regulations
New safety regulations for heavy construction equipment operation come into effect across the UAE, with stricter operator certification requirements and mandatory equipment inspection protocols.
Oil & Gas
ADNOC Approves AED 30 Billion Natural Gas Expansion
ADNOC has approved a major natural gas expansion project to boost UAE production capacity. The initiative will require significant investment in drilling equipment, pipelines, and downstream infrastructure across Abu Dhabi and the Western Region.
UAE Oil Production Quota Unchanged as OPEC+ Extends Cuts
The UAE will maintain its current OPEC+ production allocation through Q2 2025. Market analysts expect sustained demand for oilfield services, rigs, and maintenance equipment across onshore and offshore UAE operations.
Dubai Mercantile Exchange Reports Record Trading in Murban Crude
The Dubai Mercantile Exchange saw record volumes in Murban crude futures, reinforcing the UAE's role as a regional pricing hub. Increased trading activity is driving interest in storage and logistics infrastructure.
Abu Dhabi Launches New Offshore Exploration Licenses
ADNOC Offshore has opened a new licensing round for exploration blocks in Abu Dhabi waters. The move is expected to attract international partners and spur demand for offshore rigs and support vessels.
UAE and Saudi Arabia Strengthen Energy Cooperation
The UAE and Saudi Arabia have agreed to deepen cooperation on oil and gas strategy, including joint infrastructure projects and technology sharing. The partnership could impact supply chain and equipment procurement across the GCC.
Ruwais Refinery Expansion Enters Next Phase
The Ruwais refining and petrochemicals expansion has entered its next construction phase. The project continues to drive demand for heavy machinery, modular units, and specialized oil and gas equipment in the Al Dhafra region.
Frequently Asked Questions
- We cover UAE construction industry news (mega projects, infrastructure, equipment trends, market data) and UAE oil & gas news (ADNOC, exploration, OPEC, downstream projects, and energy sector developments). News is grouped into Construction and Oil & Gas sections with updates from Dubai, Abu Dhabi, and the wider GCC.
- The News page is updated regularly with new construction and oil & gas stories relevant to the UAE. We focus on project announcements, regulatory changes, market trends, and equipment demand that affect contractors and rental companies in the Emirates.
- Yes. Our news summaries are intended to keep you informed on mega projects, government spending, and sector trends that may affect equipment demand and rental markets. Use them alongside our Equipment Directory and Rental Calculator for planning and sourcing decisions.