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).
Pantheon, a leader in real estate development, today announced its evolution into Pantheon - Art • Culture • Real Estate (Pantheon ACR), a broader platform created to connect people through the places they live, the experiences they share and the culture they co-create.
Riyadh will host the second edition of ARTDOM Riyadh, an international forum for contemporary design that brings together architecture, interior and product design, art, real estate development, and the hospitality industry in October.
The Dubai real estate market remains on course in 2026 to set a new all-time high for rental contracts recorded in one year.
The Saudi port city of Jeddah is set to host the fifth edition of Real Estate Development and Ownership Exhibition (Seredo) on September 6 bringing together the kingdom's real estate industry under the sponsorship of the Ministry of Municipalities and Housing.
Saudi Arabia has announced the opening of the 246-km Rafha-Hail Road, thus expanding the kingdom's transport network with a new route linking Rafha to Hail through the Hail-Baqaa Road. The road represents a vital artery within the kingdom's interregional road connectivity network.
