Fossil-free steel partnership in construction, New project management experts programme

Snapshot

Vectorworks released its 2026 software suite with new design tools while Tokyo-based Prefab raised ¥41.5 million for AI construction estimation. Major partnerships include SSAB-DEPENBROCK on fossil-free steel and Dubai's launch of a 500-person construction training program.

New Innovations and Partnerships

Vectorworks 2026 software suite released: Vectorworks, Inc. launches the Vectorworks 2026 software suite with new tools for design efficiency in architecture and entertainment. (co.uk)

SSAB partners with DEPENBROCK for fossil-free steel projects: SSAB and DEPENBROCK have formed a partnership to promote fossil-free steel in construction, enhancing sustainability efforts. (steelorbis.com)

Mulk International launches robotics venture for construction: Mulk International and Marses have formed Mulk Marses Robotics to innovate in the construction sector. (zawya.com)

Funding Rounds and M&A Activity

Prefab, Inc.: Prefab, based in Tokyo, has raised ¥41.5 million to enhance its AI-powered construction estimation platform. (thesaasnews.com)

Policy & Regulation Updates

Hong Kong's John Lee outlines economic reforms for 2025: Chief Executive John Lee's policy address emphasizes infrastructure projects and attracting high value-added industries. (scmp.com)

Dubai Municipality: Dubai Municipality announces a Project Management Experts Programme to train 500 Emiratis in construction over five years. (gulfnews.com)

Opinions

Innovo outlines sustainability strategy for UAE construction sector: Innovo's Mariam Azmy emphasizes integrating sustainability as a core business principle and highlights initiatives like solar-diesel hybrid power plants and circular waste management. (gulfbusiness.com)