Dubai Holding Real Estate and Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, have signed a memorandum of understanding to introduce integrated mortgage financing solutions for off-plan residential developments across Meraas, Nakheel and Dubai Properties.
Saudi Arabia's Public Investment Fund (PIF) Governor Yasir Al-Rumayyan said NEOM projects are presently being restructured to achieve higher economic efficiency and long‑term financial sustainability.
The Saudi Ministry of Sport has invited qualified contracting companies to submit prequalification bids for preliminary works on the landmark King Salman Stadium in Riyadh, a centrepiece venue for the 2034 FIFA World Cup.
In a more cautious and evolving operating environment in the region, Dugasta Properties, a leading UAE real estate developer, has announced that it stands firmly behind its people, the foundation of everything it builds.
Dubai Municipality has announced that it has completed the first phase of the Sewerage and Stormwater Network Development Project in Al Quoz Creative Zone. The scope of work included setting up of drainage networks covering 123 plots as well as laying of 15-km-long stormwater network.
North 51 Consulting, a leading project management consultancy, has announced the expansion of its comprehensive end-to-end project management capability for international hospitality brands, luxury retail clients, and private homeowners across Dubai’s evolving development landscape.
UAE developer Amaal has awarded the main contract for Mansory Residences, the world’s first residential tower for the high-end vehicle brand, being set up at an investment of AED1.8 billion ($490 million) in Dubai. Set for completion in 2028, it comprises one- to four-bedroom homes and full-floor penthouses.
The northern emirate of Umm Al Quwain has announced that a total of 241 residential land plots have been approved for distribution to eligible citizens as part of government initiatives aimed at ensuring a decent standard of living and strengthening family stability.
Saudi Arabia-based Musanadah Facilities Management has appointed Brad Robbins as its new Business Development Director, strengthening the company’s leadership team as it accelerates growth across the kingdom’s expanding integrated facilities management sector.
Jumeirah, a luxury hospitality leader and part of Dubai Holding, has announced a major restoration programme for the Jumeirah Burj Al Arab.