Saudi-based Qiddiya Investment Company and Google Cloud have announced a major collaboration to establish the digital foundation for one of the world’s largest entertainment projects. Through strategic systems integrator Master Works, Qiddiya will leverage Google Cloud technology to power its mega entertainment hub - Qiddiya City.
The World Cement Association (WCA) is celebrating its 10th anniversary, a key milestone that reflects a decade of profound transformation for both the global cement industry and the wider world economy. Over the past ten years, the world has faced the Covid-19 pandemic, geopolitical conflicts and energy crises.
Taiba Investment Company has signed a final partnership agreement with Osool Integrated Real Estate Company to develop, refurbish and operate three hotels in the central area of Madinah in a project valued at SAR2.4 billion ($640 million), strengthening the city’s hospitality infrastructure as Saudi Arabia expands accommodation capacity for pilgrims under Vision 2030.
AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, has announced the award of three major contracts for the Noatum Ports Pointe-Noire Terminal in the Republic of the Congo.
Dubai Holding Real Estate, one of the largest integrated master developers in Dubai, has entered into a strategic partnership with Abu Dhabi Islamic Bank (ADIB) to expand access to Sharia-compliant home financing solutions for eligible customers across Nakheel, Meraas and Dubai Properties.
Sobha Realty, a leading global luxury real estate developer renowned for innovation and building future ready communities, has signed a memorandum of understanding (MoU) with Keeta Drone, a pioneering green air delivery company, to introduce next-generation air delivery ecosystems across its integrated communities.
Oman has promulgated the new Real Estate Registry Law, which is a transformative step that advances institutional modernisation and accelerates digital transformation.
Investcorp, a global alternative investment firm based in Bahrain, has announced that one of its key units, Investcorp Capital, has acquired a diversified US industrial real estate portfolio worth $200 million. It comprises 19 industrial properties spanning over 1.4 million sq ft across DFW, Chicago, Indianapolis and Cincinnati.
UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region.
The Oman Real Estate, Design & Build Exhibition and Conference ended on a successful note with agreements worth over RO443 million ($1.14 billion) signed during the four-day event. This year's expo attracted more than 35,000 visitors and witnessed broad participation from leading investors and developers.
