Taiba Investment Company has signed a final partnership agreement with Osool Integrated Real Estate Company to develop, refurbish and operate three hotels in the central area of Madinah in a project valued at SAR2.4 billion ($640 million), strengthening the city’s hospitality infrastructure as Saudi Arabia expands accommodation capacity for pilgrims under Vision 2030.
AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, has announced the award of three major contracts for the Noatum Ports Pointe-Noire Terminal in the Republic of the Congo.
Dubai Holding Real Estate, one of the largest integrated master developers in Dubai, has entered into a strategic partnership with Abu Dhabi Islamic Bank (ADIB) to expand access to Sharia-compliant home financing solutions for eligible customers across Nakheel, Meraas and Dubai Properties.
Sobha Realty, a leading global luxury real estate developer renowned for innovation and building future ready communities, has signed a memorandum of understanding (MoU) with Keeta Drone, a pioneering green air delivery company, to introduce next-generation air delivery ecosystems across its integrated communities.
Oman has promulgated the new Real Estate Registry Law, which is a transformative step that advances institutional modernisation and accelerates digital transformation.
Investcorp, a global alternative investment firm based in Bahrain, has announced that one of its key units, Investcorp Capital, has acquired a diversified US industrial real estate portfolio worth $200 million. It comprises 19 industrial properties spanning over 1.4 million sq ft across DFW, Chicago, Indianapolis and Cincinnati.
UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region.
The Oman Real Estate, Design & Build Exhibition and Conference ended on a successful note with agreements worth over RO443 million ($1.14 billion) signed during the four-day event. This year's expo attracted more than 35,000 visitors and witnessed broad participation from leading investors and developers.
Webuild, a global leader in the design and construction sector, has announced that it has successfully completed the work on the Western station of Riyadh Metro network. With the bringing into service of this station, the entire line of the Italian builder's 22-station network on the Orange line is officially complete.
The Private Office of Sheikh Ahmed bin Mana bin Khalifa Al Maktoum (AMKM) and Elephants Foot Arabia have announced a strategic partnership to support the advancement of sustainable infrastructure, waste management compliance, and environmental performance initiatives across the United Arab Emirates.
