The world’s largest integrated ecosystem for water innovation, the “Water Oasis” in Rabigh Governorate, has begun operations, said the Saudi Water Authority.
Saudi-based Sumou Real Estate Company has announced that it has signed an agreement for a premium residential and commercial tower in Makkah. The key mixed-use project is being developed for Areeb Sumou Makkah Real Estate Fund on a 3,600 sq m area in Jabal Omar district.
Oman's Ministry of Finance and the Saudi Fund for Development (SFD) have signed a memorandum of understanding (MoU) to finance the construction of the Thumrait Industrial City project.
DMCC, a leading international business district that drives the flow of global trade through Dubai, and leading Dubai real estate developer Sweid & Sweid have announced the launch of BAY360, a new mixed-use development and lifestyle destination in Jumeirah Lakes Towers (JLT).
TECOM Group, the creator of specialised business districts and vibrant communities, reported record revenues of AED2.9 billion ($789.65 million) for 2025, representing year-on-year (YoY) growth of 19%, alongside a 20% YoY increase in recurring net profit to AED1.5 billion ($408.44 million).
Saudi-based Umm Al Qura for Development & Construction Company has announced the launch of a unified digital platform for property ownership within its premium Masar Destination in Makkah through approved developers.
Etihad Rail, the developer of UAE’s national rail network, has kicked off a key awareness campaign designed to encourage logistics providers, manufacturers and heavy industry to shift long-haul freight from road to rail. This comes as the UAE’s industrial and logistics sectors enter a new phase of growth.
SSH, a leading master planning, infrastructure, building design and construction supervision firm, has partnered with the Oman Design Association (ODA), thus marking a significant step towards strengthening collaboration across Oman’s design and architecture sector.
The Royal Commission for Riyadh City (RCRC) has announced the opening of its IE Center for Leadership and Innovation within Riyadh’s Creative District. The initiative represents a model for effective global partnerships, contributing to talent development and knowledge transfer.
Saudi-based Hamad Mohammed Bin Saedan Real Estate Company has signed a development management contract for a commercial real estate project in capital Riyadh. The scope of work covers key plots of land in the Tuwaiq District spanning over 16,001 sq m area.
