Investment

Construction & Real Estate

Asas Makeen sets up new fund for Riyadh land development

Thu, 09 Jul 2026

Saudi-based Asas Makeen Real Estate Development has signed a framework agreement with two key entities - Middle East Financial Investment and Binaa Altharwat Company - to set up a real estate investment fund for the development of prime land owned by the company in Riyadh.

Finance & Capital Market

UAE attracted $48.3bn foreign direct investment in 2025

Wed, 08 Jul 2026

The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.

Construction & Real Estate Lifestyle

Mabani Aljazeera plans big investment in premium Kenyan residential tower

Sat, 04 Jul 2026

Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities.

Construction & Real Estate

Cityscape expands to Saudi Arabia's Western Region with new event in Jeddah

Thu, 30 Jul 2026

The Cityscape brand is expanding to Saudi Arabia’s Western Region with the launch of Cityscape West KSA, sponsored by the Ministry of Municipalities and Housing (MOMAH), creating a dedicated platform for the region.

Construction & Real Estate

PIF-backed Ardara, Sumou launch $1bn phase of Saudi mixed-use project

Thu, 30 Jul 2026

Ardara Company, a unit of Saudi Arabia's sovereign wealth fund PIF, has joined hands with Sumou Holding for the launch of the second phase of its prime Al Wadi development in Abha region, coming up on a 300,000 sq m area at a total investment of more than SAR4 billion ($1.04 billion).

Finance & Capital Market

International investors deploy $5.3bn into Saudi private markets in 2025

Fri, 03 Jul 2026

Foreign private capital investment in Saudi Arabia's private markets reached SAR20 billion ($5.3 billion) in 2025, representing about 60% of total private capital investment in the Kingdom and marking a significant milestone in the continued expansion of Saudi Arabia's private capital ecosystem.

Finance & Capital Market Industry, Logistics & Shipping

UAE, Canada wrap up free trade agreement talks

Sat, 25 Jul 2026

The UAE and Canada have announced that the duo has concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA) in a move aimed at boosting trade and investment in key sectors including aerospace, clean energy, aviation and critical minerals.

Finance & Capital Market

Majority 'will use AI in money decisions, but won't let it make final call'

Wed, 22 Jul 2026

More than half of people getting financial advice will accept AI playing a role in their financial planning, but only if a human being still makes the final decision, according to new research from deVere Group, one of the world’s largest independent financial advisory organisations.

Industry, Logistics & Shipping IT & Telecommunications

Abu Dhabi's MGX, partners acquire US data centre operator in $40bn deal

Wed, 22 Jul 2026

Abu Dhabi-based AI investment firm MGX and a consortium including the Artificial Intelligence Infrastructure Partnership (AIP) and BlackRock's Global Infrastructure Partners (GIP) have completed the acquisition of US data centre operator Aligned Data Centres in a deal valued at about $40 billion.

Industry, Logistics & Shipping

Dubai Chambers explores ways to strengthen trade, investment ties with Shanghai

Tue, 21 Jul 2026

Dubai Chambers discussed ways to advance bilateral relations between Dubai and China during a recent meeting with the Shanghai Federation of Industry and Commerce.