Non-oil activities have greater role in Saudi Arabia economy

Figures for Q2 2023 show some decrease in oil income but strong performance in diversified sectors. The real GDP of Saudi Arabia...

SSH announces completion of works on Kuwait’s Al Khiran Mall

The project will feature 300 retail stores and offers waterfront views. Work on Kuwait’s Al Khiran Mall have been completed according to...

60,440 sales transactions worth $48.2bn were recorded in Dubai during H1 2023 says Unique Properties

The firm said that the most expensive apartment sale ever was recorded in the Bulgari Residences project on Jumeirah Bay Island at...

MoU signed to develop digital infrastructure hub in King Abdullah Economic City

Major multi-party deal will position the city as a key hub for smart connectivity and mobile, data & voice services. Saudi-based Integrated...

‘Dubai Sustainable Tourism Stamp’ for hotels

New initiative aligns with UAE’s NetZero 2050 and empowers tourism sector to embrace sustainable goals. Dubai’s Department of Economy and Tourism (DET)...

Kezad set to upgrade vital economic zone

AED55m project will transform road and infrastructure network for Kezad Musaffah district. Khalifa Economic Zones Abu Dhabi (Kezad Group), the largest operator...

Deyaar mobilises construction works at Al Furjan site

Deyaar begins works on residential and hotel units at Millennium Talia Residences, Amalia Residences, and teases third unnamed project. Deyaar Development has...

Search for critical materials in Arabian shield could start in September

Ma’aden and Ivanhoe Electric searching region the size of Switzerland with rich potential for critical minerals and possibly lithium. Saudi state mining...

Dubai Properties launches Mudon Al Ranim

Final phase of developer’s master community will highlight design excellence and architectural innovation. Dubai Properties has launched the final phase of its...

Aldar to redevelop two major malls

New investment proposals will take Aldar’s retail spend to AED1bn. Aldar Properties (Aldar) has announced an AED500m ($136m) investment plan to redevelop...