Alramz launches US $175mn fund to deliver 900 homes in Jeddah

The fund, to be managed by Oud Capital, will finance the Al Ramz Front development, which will comprise 900 residential units located...

Azizi completes dual handovers at Riviera

The developer marks another milestone at Azizi Riviera with the handover of 2 residential buildings. Azizi Developments said it has reached a...

Modon to cover registration fees for residential projects purchased in March

In February, Modon Holding reported exceptional financial performance for the full year 2025 reporting revenue of approximately US $1bn. Modon has announced...

Abu Dhabi introduces new measures to strengthen real estate governance

The new regulations aim to improve transparency, safeguard investor interests, and streamline property management across Abu Dhabi’s real estate sector. Abu Dhabi’s...

Technal appoints Khaldon Marie as Commercial manager for Saudi

His career spans structural engineering, facade design, technical management, and commercial strategy across the Middle East. Technal is strengthening its presence to...

EWEC receives 4 bids for 3.5GW Nouf 1 IPP project

The project will be located within the newly established Al Nouf Complex, a coastal site designated to become a major hub for...

Borouge confirms suspension of activity following debris damage

Borouge is Abu Dhabi’s flagship petrochemicals producer, converting oil and gas into high-performance plastics. On Sunday (5 April) afternoon, Abu Dhabi authorities...

ALEC Holdings to distribute cash dividends in excess of US $68mn

Shareholders registered as of Friday, 3 April 2026 will be eligible to receive the dividend, which will be distributed through the DFM....

The Red Sea earns EarthCheck’s Sustainable Destinations certification in Saudi Arabia

Independent auditors assessed every aspect of the destination, highlighting strong performance in energy efficiency, waste reduction, and initiatives supporting local communities. Red...