Thursday 15 May 2025
 
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Deal allows UAQ FTZ firms to acquire property in Dubai

The Umm Al Quwain Free Trade Zone (UAQ FTZ) has entered into a memorandum of cooperation (MoC) with the Dubai Land Department (DLD) that now allows UAQ FTZ-registered companies to legally acquire and register freehold property in Dubai under their business name.  

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Kohler opens its first Signature Store in KSA

Kohler Co, a global leader in kitchen and bath design and innovation, has announced the launch of its first Signature Store (KSS) in Saudi Arabia. This landmark showroom in Riyadh, developed in partnership with Bayt Al Ebaa and designed by the internationally acclaimed Kristina Zanic Consultant

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Downtown Design Riyadh to showcase global brands, emerging talent

Downtown Design Riyadh’s inaugural edition will take place from May 20 to 23 in the creative hub of JAX District to showcasing contemporary and high-quality design.    Held in partnership with the Architecture and Design Commission of Saudi Arabia&rsq

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Binaa Al Bahrain launches operations; flagship Bayview to follow

Binaa Al Bahrain, a newly formed real estate developer backed by Eagle Hills Diyar and strategic partners, has commenced operations, the company said on Thursday (May 15). The developer also announced the upcoming launch of its flagship residential project, Bayview, which is set to ope

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Dubai approves $572m new housing projects

A new AED2 billion ($572 million) housing package for Emirati citizens in Dubai was approved by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai.  

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Acciona Living & Culture delivers major exhibition in Doha

Acciona Living & Culture has completed the design and execution of Pathway to Peace, a newly inaugurated exhibition curated by the International Media Office (IMO) of Qatar, which explores the vital role of mediation and peacebuilding on the global stage.  

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KSA to build 180,000 hotel rooms, serviced apartments for FIFA World Cup

Saudi Arabia is planning to build more than 180,000 hotel rooms and serviced apartments by 2034 as part of its ambitious infrastructure drive to host the FIFA World Cup, it was revealed on Wednesday.    On the concluding day of MEED’s Saudi Giga Proje

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Sobha Realty $500m sukuk oversubscribed by 3 times

Sobha Realty, a leading global luxury real estate developer, on Tuesday announced the successful issuance of $500 million sukuk under its recently established $1.5 billion Sukuk Issuance Program.    This latest sukuk will be listed on the London Stock Excha

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Farnek launches transformational hybrid cleaning unit

Leading UAE-based smart and green facilities management (FM) company Farnek has launched the Farnek Hybrid Unit (FHU) presenting a transformation in cleaning by seamlessly integrating human operatives with advanced and intelligent robotic cleaners.    &ldqu

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MAAIA launches two new projects, eyes $1.36bn in sales this year

MAAIA, a global real estate developer renowned for its European-inspired craftsmanship, has announced plans to bring over AED5 billion ($1.36 billion) in sales to the UAE real estate market in 2025.    The announcement was made at an event held at Atlantis,

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