IRTH Group, a real estate investment platform, has announced the launch of IRTH Contracting, a dedicated construction arm for its expanding portfolio of developments, thus bringing its development and construction operations under one integrated business.
The United States and Iraq discussed expanding economic co-operation and increasing US investment in the Arab nation’s energy sector during high-level talks at the White House on Wednesday, as the two countries sought to deepen their strategic partnership.
Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector arm of the World Bank Group.
IHC, a global investment company focused on building dynamic value networks, continued to execute its strategy of disciplined investment, portfolio expansion and active value creation across its diversified portfolio of businesses in the second quarter of this year.
Saudi-based Al Ramz Real Estate has joined hands with Oud Capital to set up a new shariah-compliant real estate investment fund with a target size of over SAR1 billion ($267 million). It aims to develop more than 800 residential units on 70,516 sq m of company-owned land in the kingdom.
Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report.
Oman is seeking to strengthen its position as a destination for international investment, supported by an investment-grade credit rating, economic reforms and regulatory frameworks aligned with international standards. A key element of that strategy is the International Financial Centre of Oman (IFC Oman).
Oman has signed 10 agreements and memoranda of understanding to establish new projects with an investment value of RO2.9 billion ($7.54 billion) in the Duqm Special Economic Zone, said an Oman News Agency post in X platform.
Blue Owl Capital, an American alternative investment asset management company, has announced the opening of its new office at ADGM in Abu Dhabi. With this move, Blue Owl aims to strengthen its global footprint, underscoring its long-term commitment to the Middle East and focus on best supporting clients in the region.
GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia.
