Riyadh’s transformative growth is being driven by metro investment, data centres and construction says JLL

Riyadh’s real estate market is undergoing a transformative shift, influenced by strategic shifts, the acceleration of Vision 2030, and diverse sector opportunities...

Financial

Modon Holding announces strategic investment in WLP

Abu Dhabi-based Modon Holding (Modon) has made a strategic investment in Wellington Lifestyle Partners (WLP), joining a group of existing investors in...

Property

Mira Developments eyes GCC Growth with Salalah Investment

Mira Developments has said it hosted an exclusive three-day mastermind retreat in Salalah, Oman. More than 100 real estate professionals, including brokers,...

Financial

Mace Group announces investment in Mace Consult

Mace Group has announced a significant investment in Mace Consult, a program management consulting firm. This investment, facilitated by Goldman Sachs Alternatives...

Financial

UAE and Saudi Arabia lead GCC Greenfield Investment

There has been a marginal rise in the number of announced greenfield projects across the GCC in 2024, up 1% to 1,830...

Financial

FIM Partners, HIVE, and Rafal Real Estate Development Company to establish $150mn development fund

HIVE, Rafal Real Estate Development Company and FIM Partners announced their intent to establish a fund of US $150mn. The fund will...

Construction

Works on Bali’s US $20bn subway project to begin in September

An investor has been secured by the provincial government of Bali, Indonesia for a US $20bn subway project. The new system of...

Infrastructure

Ferrovial purchases 24% stake in India-based infrastructure company

Infrastructure specialist Ferrovial, through its toll-road subsidiary Cintra, has invested US $802.3mn for a 24% stake in IRB Infrastructure Trust in India....