KAFD DMC secures US $3.2bn Murabaha facility

King Abdullah Financial District Development and Management Company (KAFD DMC) has secured a US $3.2bn, 15-year, senior-secured Murabaha facility, its first independently...

Construction

Seef Properties appoints main contractor for refurbishment project

Mohammed Jalal Contracting has been appointed by Bahrain-based Seef Properties to deliver main construction works within the Seef Mall - Seef District...

Infrastructure

Hellmann and INDU Group launch new automotive logistics hub in Jafza

Hellmann Worldwide Logistics and INDU Group have laid the foundation for a new automotive logistics hub in Jafza. This development solidifies Jafza’s...

Construction

Innovo delivers Six Senses, Palm Jumeirah

Innovo Group has announced the successful completion and final handover of Six Senses Residences, Palm Jumeirah. Developed by Select Group, the sold-out...

Financial

SAB and Retal launch US $502mn fund for Saudi project

SAB Invest has joined hands with Retal Urban Development Company for the launch of a CMA-regulated real estate investment fund valued a...

Construction

Reportage breaks ground on Sensi, Saadiyat Island

Reportage Group has broken ground on its premium residential development, Sensi, on Saadiyat Island. The move is a significant milestone in the...

Industry News

FRM Urban expands in the Middle East

FRM Urban is expanding its presence across the Middle East; the growth is driven by the increasing demand for holistic, human-centred approaches...

Sustainability

Masdar delegation visits worlds tallest, smartest net-positive government building

Saeed Mohammed Al Tayer, MD and CEO of DEWA received Mohamed Jameel Al Ramahi, CEO of Masdar, and his delegation at Al...

Industry News

Saudi introduces new property purchase requirements for foreign companies

Saudi Arabia’s Ministry of Investment has introduced new requirements for non-resident foreign companies interested in purchasing property in the Kingdom without engaging...