Wednesday 1 February 2023
 
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SDF 2023 celebrates Saudi talent; positions Riyadh as design capital

Leading architecture and design profesionals, institutional leaders as well as local industry leaders and luminaries from across disciplines took part in the Saudi Design Festival (SDF 2023), held recently in capital Riyadh.   Initiated and organised by &bou

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Serco launches new division to help achieve ESG goals

Serco, a global provider of public services in key sectors such as rail and transport, has announced the launch of a new division - Advisory with Purpose - that will focus on driving environment, social and governance (ESG) goals and empowering governments to accelerate their national visions

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Arada sales up 46% in 2022 on aggressive expansion

Sharjah developer Arada said it has registered a 46% jump in the sales of its properties last year mainly due to the group's aggressive expansion into new markets and growing demand for affordable housing in the emirate.   In total, Arada sold 2,268 homes la

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Bahrain to build state-of-the-art aquatics sports complex

World Aquatics and the Bahrain Olympic Committee (BOC) have announced plans to build a state-of-the-art aquatics sports centre in the Kingdom of Bahrain, in partnership with GFH Financial Group and the Bahrain Swimming Federation.    The partnership will se

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Diriyah seals wireless telecom networking deal with Salam, Tawal

Saudi-based Diriyah Gate Development Authority (DGDA) said it has signed an agreement with Integrated Telecom Company (Salam) and Telecommunications Towers Company (Tawal) to provide telecoms services for the first phase of the Diriyah project, home to Unesco World Heritage Site.

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Dubai to retrofit 30,000 buildings over next seven years

Dubai's Supreme Council of Energy (DSCE) has set an ambitious target of retrofitting 30,000 buildings by 2030 as well as saving 1.4 Terawatt hour (Twh) of electricity and 4.9 billion imperial gallons of water, which will effectively abate 1 million tonnes of CO2.   

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NBB funds key Bahrain residential plot under Mazaya 2.0 scheme

The National Bank of Bahrain (NBB) is offering financing solutions for the first plot at AlMsayyan, a key residential development located within the kingdom's integrated residential city, Diyar Al Muharraq, under its social housing finance scheme - Mazaya 2.0.  

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Seven acquires top US movie chain AMC's Saudi business

Saudi Entertainment Ventures (Seven), a wholly-owned unit of kingdom's wealth fund PIF (Public Investment Fund), said it is entering a new phase of growth as the group restructures its joint venture partnership with AMC Entertainment Holdings, the world’s largest movie exhibition co

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Nobu announces new beachfront hotel in Ras Al Khaimah

Nobu Hospitality has announced plans for a new beachfront Nobu hotel, restaurant and branded residences on Al Marjan Island in Ras Al Khaimah.   Marjan, the master-developer of freehold properties in Ras Al Khaimah, has welcomed Nobu Hospitality to its flagship

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Alfanar, Daewoo to set up JV for Saudi energy projects

Alfanar Construction, a leading EPC (engineering, procurement, and construction) contractor in Saudi Arabia, said it has signed an agreement with Korean group Daewoo Engineering and Construction to explore opportunities for joint collaboration in the construction of ‎oil, gas and petroche

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