Ahmed Galal Ismail named new CEO of Majid Al Futtaim Holding

Ahmed Galal Ismail has been appointed Chief Executive Officer (CEO) of Majid Al Futtaim Holding, taking over from Alain Bejjani who served...

Operations & Maintenance

General Hotel Management to manage Trojena resort

Neom has signed a strategic agreement with General Hotel Management (GHM), the international hotel and resort developer, to manage The Chedi Trojena,...

Construction

Fujairah launches Qidfa Region Development Project

The Qidfa Development has been unveiled by Fujairah authorities. It is billed as the first of the ‘Emirates Villages’ – a US...

Property

Lead Development introduces ‘The Souk’ on Jubail Island

‘The Souk’ has been unveiled by real estate development firm Lead Development. Taking shape on Jubail Island, the destination will serve as...

Construction

SSH leads design and construction of new J1 Beach

SSH has announced that it is leading the design and construction of the new J1 Beach, which will replace La Mer South...

Construction

Khorfakkan Resort due for 2025 completion

HASAS Real Estate, the property arm of Sharjah Islamic Bank (SIB), has begun work on its key freehold development, Khorfakkan Resort, and...

Construction

Neom launches its first island development – Sindalah

His Royal Highness Mohammed bin Salman, Crown Prince, Prime Minister and Chairman of Neom has launched Sindalah, the first luxury island destination...

Financial

Majid Al Futtaim secures sustainability-linked loan for $1.25bn

Mall and leisure specialist Majid Al Futtaim has inked its second sustainability-linked loan (SLL), which has been structured as a US $1.25bn...

Construction

PIF subsidiary SEVEN to invest $13.3bn into 21 integrated entertainment destinations in KSA

Saudi Entertainment Ventures (SEVEN) has unveiled plans to invest US $13.3bn into the development of 21 integrated entertainment destinations. The projects are...