TIME Hotels announces Middle East expansion plans

UAE-based hospitality company will have a portfolio of 21 properties throughout the UAE, Saudi Arabia, Egypt, and Sudan by 2023. UAE-headquartered hospitality...

Green Riyadh begins afforestation of seven neighborhoods

Besides its role in improving the quality of air and reducing temperature, the project will save natural territories and biological diversity inside...

Dubai Gold Souq Extension launched by Ithra Dubai

Extension will rejuvenate Dubai’s historic heart of commerce and deliver an elevated shopping and trading experience. Ithra Dubai, a leading Dubai-based real...

Dubai Airports confirms plans to utilise DWC during temporary closure of DXB’s northern runway

Northern runway rehabilitation project will involve the placement of approximately 160,000 tonnes of asphalt and 30,000m3 of concrete . Dubai Airports has...

Aluminium Bahrain unveils comprehensive ESG roadmap to Net Zero

Roadmap focuses on six priorities and is said to align with Bahrain’s goal of achieving net zero emissions by 2060. Aluminium Bahrain...

Aldar Group reports net profit of $187.3mn in Q1 2022

According to its financial results, the Abu Dhabi-based real estate developer saw revenues standing at $729.6 million for Q1 202. Aldar Group...

$44mn Nahida power plant begins operations says Oman Electricity Transmission Company

The plant will play a vital role in enhancing the reliability and safety of the electricity sector in the country. The official...

Oman announces $3.8bn worth of investment opportunities

18 investment opportunities include six projects in the tourism sector worth $2.52bn. Oman’s Ministry of Commerce, Industry and Investment Promotion, in cooperation...

Fasset enters into strategic cooperation Creek Capital’s SirajPower to accelerate growth of solar industry in MENA region

Collaboration will see companies work together to introduce alternative and innovative investment solutions for sustainable power assets. Fasset, a digital asset gateway...

6,000 residential units added to key Saudi cities in Q1 2022 says JLL

Firm notes the countries commercial, hospitality and retail outlets also performed well . JLL has reported that Saudi Arabia’s residential sector saw...