With the global sports market set to hit $600 billion by 2030, the Middle East is driving a transformation fueled by investments and tech-enabled innovation. Saudi Arabia, in particular, is emerging as a major benchmark with mega events, said a report.
Wynn Al Marjan Island, the UAE’s first gaming resort coming up in Ras Al Khaimah, has unveiled the first look of its ultra luxury offering - Enclave featuring 313 residences - including six distinct layouts, ranging from suites to two-storey apartments.
With global tourist trips set to hit 30 billion by 2034 and tourism outpacing economic growth, Saudi Arabia has become a cornerstone in this transformation as a key destination and home to some of the most ground-breaking investments, said a WEF report.
Dubai-based Alpago Design & Build said it has unified its design, contracting, manufacturing and construction divisions under a single entity. This strategic consolidation will enable it to streamline project delivery by managing every phase internally.
Deliverect, a global ecosystem of on and off-premise solutions that empowers restaurants and retailers to sell anywhere and deliver everywhere, has partnered with Paymob, MENA’s leading financial services enabler.
Trosmic Sports has unveiled plans for a next-generation indoor stadium that will redefine sporting experiences in GCC. Targeted for 2030 opening, Flux Halo will feature 200,000 sq m column-free space capped by a 75,000 sq m retractable tensile roof.
Beeah has unveiled the masterplan for its key development - Khalid Bin Sultan City - in Sharjah. Designed by renowned UK architects ZHA, it features seven distinct residential neighbourhoods interconnected by sheltered walkways and vibrant streetscapes.
Saudi Arabia's wealth fund PIF has launched a new company, ERC, for the successful delivery of the kingdom’s first World Expo event. The ERC will be responsible for developing the Expo as a model for sustainable tourism and also preserving its legacy.
Saudi wealth fund PIF has launched a new company to develop giga-projects and landmark real estate initiatives in preparation for the Expo 2030 Riyadh. The mega masterplan covers an area of 6 million sq m, making it one of the biggest World Expo sites.
