Red Sea Global (RSG), the regenerative tourism developer, has partnered with DarkSky International to establish the world’s first certification recognising resorts that protect natural night skies through responsible outdoor lighting.
BXB Estates has announced that it has completed the highest residential transaction in Jumeirah Golf Estates, with the sale of a ready villa for AED110 million ($30 million). The six-bedroom residence offers 21,714 sq ft of built-up area on a 15,873-sq-ft plot.
BNW Developments has sealed a strategic partnership with Wyndham Hotels & Resorts for the debut launch of its branded Dolce Residences Ras Al Khaimah on Al Marjan Island. Set for 2028 handover, it will feature 93 premium residential units and five exclusive retail spaces.
The Kingdom of Saudi Arabia remains one of the world's most active real estate development markets, supported by robust non-oil economic growth, regulatory reforms and a multi-billion-dollar pipeline of infrastructure and property developments, said a leading property expert.
MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final stage of site selection for its planned $5 billion integrated refinery and energy export corridor.
The Department of Municipalities and Transport (DMT) has increased the maximum gross floor area allowed for homes in the Shuwaib National Housing Project to 900 sq m in co-ordination with Abu Dhabi Housing Authority, thus giving Emirati families greater flexibility to expand and customise their homes.
Shaker Group, a leading manufacturer and distributor of air conditioners and home appliances in Saudi Arabia, has reported SAR743.1 million ($198.2 million) revenue for the first half, down 3.4% from the same period last year, mainly due to a decline in its HVAC solutions business.
Advanced Building Industries Company (Senaat) has announced that its key subsidiary, Zodcon, has secured a mechanical, electrical and plumbing (MEP) services contract for a mall project in Makkah. The entire work will be completed within a 15-month period.
Kuwait Oil Company (KOC) said it has awarded 129 contracts worth about KD2.2 billion ($7.2 billion) during the first half of 2026 as it stepped up investments to expand oil production capacity, strengthen drilling and exploration activities as well as modernise oilfield infrastructure.
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has achieved another significant safety milestone by becoming the first aluminium smelter in the Middle East to join the Lifting Equipment Engineers Association (LEEA) Accredited Training Scheme.
