Saif Bin Darwish acquires Gulf Precast

UAE-based Saif Bin Darwish has announced its acquisition of Gulf Precast, which is said to be the country's largest manufacturer of precast...

Property

Tissoli appoints Pininfarina to design $327mn Palazzo Tissoli on Al Marjan Island

Developer Tissoli has officially signed an agreement with Italian design house Pininfarina to deliver Palazzo Tissoli, which is billed as a landmark...

Property

Rental increases frozen in Riyadh for five years

New regulations have been announced for Riyadh’s rental market, with rent increases being frozen for residential and commercial properties for the next...

Property

Shura Island to begin welcoming guests soon says Red Sea Global

Red Sea Global (RSG) has announced the first resorts and attractions on Shura Island will commence welcoming guests in the coming weeks....

Financial

Sobha Realty raises $2.1bn with green sukuk

Sobha Realty has announced the successful issue of its inaugural US $750mn green sukuk. The largest transaction in the company's history -...

Property

Ellington Properties announces The Hillgate in Dubai Silicon Oasis

Ellington Properties has announced its inaugural residential development in Dubai Silicon Oasis, 'The Hillgate by Ellington Properties', which is said to redefine...

Property

New trends emerge in KSA’s residential market says JLL

According to a new report by JLL, Saudi Arabia’s residential market is showing signs of increasing maturity, with several urban centres demonstrating...

Industry News

DMDC launches new division focused on property investment and renovation

Interior design and construction firm DMDC has announced the launch of its newest division, DMDC Estates. The property investment and renovation arm...

Property

MERED reveals shifting expectations amongst premium real estate buyers

Developer MERED recently shared new buyer insights from its ICONIC Residences Design by Pininfarina project. The insights reveal shifting expectations amongst Dubai’s...