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.
Total gold demand during Q2 2026 was flat year-on-year at 1,269 tonnes, as the gold price eased from the record highs seen at the start of 2026, the World Gold Council’s Gold Demand Trends report revealed.
Dubai-based investment firm Shamal Holding has announced the unveiling of "The Grand", a retail and lifestyle destination at its Nad Al Sheba Gardens development, with the project fully leased ahead of its phased opening from August 19.
Reem Mall, a $1.3 billion lifestyle destination in Abu Dhabi, has officially appointed TGP International to lead the food and beverage strategy for an innovative new dining destination. The project aims to create a dedicated F&B hub featuring a mix of regional concepts and global brands.
Leading Saudi group Almarai has been ranked as the most influential brand in the food and grocery sector in the kingdom in addition to being ranked third among the most influential Saudi brands in the Kingdom, according to a study released by Ipsos this year.
Anjali Precious Metals, one of the UAE's renowned family-owned precious metals businesses, has announced the launch of Anjali Digital Metals, a premium mobile platform that marks the company's entry into the digital investment space after more than 23 years of serving customers across the UAE.
Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support.
Kramer, a leader in professional AV and collaboration solutions, today announced a global customer commitment on price stability and improved product availability to help partners and end customers quote with confidence, deliver projects on time as they navigate market uncertainty.
Dubai's diamond trade reached a record $41.7 billion in 2025, surpassing the previous high of $40.9 billion set in 2011, as trading volumes and demand for natural diamonds increased, said a report. The total traded volumes climbed 42.5% year-on-year to a record 359.5 million carats.
Bahrain's Institute for Pearls and Gemstones (Danat) has named a new board of directors led by Chairman Mohamed Ahmed AlSada. The reconstituted board will oversee the institute's pearl, gemstone and jewellery testing services and support its role in the kingdom’s gem industry.
