Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of Qiddiya Investment Company (QIC) and a PIF company, has officially opened the doors of its Abha destination, marking the launch of the first entertainment destination in the kingdom's Aseer region.
Dubai’s Roads and Transport Authority (RTA) has opened a four-lane bridge on the southern, right-hand side of the intersection of Al Qudra Road and Sheikh Zayed bin Hamdan Al Nahyan Street. Running 700m long, the bridge has a capacity to handle 6,000 vehicles per hour.
Turkish construction company Kalyon Inşaat has announced that its consortium has begun work on the Abu Dhabi section of the UAE's first high-speed railway network, a part of Etihad Rail's $13 billion plan to develop a passenger railway network spanning 900km across the emirates.
Jeddah Airports Company’s Terminal 1 at King Abdulaziz International Airport has received LEED Gold Certification from the US Green Building Council for its commitment to applying the highest sustainability standards in the design and operation of its facilities.
UAE-based ORA Developers has announced the launch of Y Views - a boutique collection of three- to eight-bedroom luxury villas and mansions - within its flagship development, BAYN, a 4.8 million sqm coastal masterplan in Ghantoot corridor located between Abu Dhabi and Dubai.
GFH Financial Group, a leading Bahraini group with interests in asset management and real estate sectors, has emerged as the sole bidder for the development and operation of the kingdom’s iconic Bahrain National Stadium located within Shaikh Isa Sports City in North Riffa.
Spanish water company Aqualia has secured a three-year contract renewal from National Shipping Company of Saudi Arabia (Bahri) for the operation and maintenance of three floating desalination plants in Yanbu with a combined capacity of 150,000 cu m of drinking water per day.
Red Sea International, a specialist in modular construction and prefabricated buildings, has sought regulatory approval to raise SAR280 million ($73.7 million) through a rights issue of 28 million ordinary shares, which would boost its capital to SAR762.7 million ($201 million).
Nine wind turbines have arrived at Saudi Arabia's King Fahad Industrial Port in Yanbu for the Starah and Shaqra wind power projects. The cargo included 27 wind turbine blades, together with various supplementary turbine components and equipment needed for power generation from wind energy.
Emaar Properties delivered a resilient performance during the first half of 2026, with revenue up 21% to AED23.9 billion ($6.5 billion), EBITDA up 24% to AED12.9 billion ($3.5 billion), and net profit before tax up 23% to AED12.8 billion ($3.5 billion).
