JLL, a real estate industry expert, has appointed Mouhammad Takieddin as its new Regional Head and CEO for the Middle East and Africa (MEA) based in Riyadh. In this new role, Takieddin's digital transformation expertise will be core to building new regional specialisation in data centres and FM sector.
Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has achieved a major sustainability milestone with its premium mixed-use project, Zallal, being awarded the Leed (Leadership in Energy and Environmental Design) Gold Certification.
Al Futtaim Real Estate, a unit of leading UAE business conglomerate Al Futtaim, has announced a landmark strategic partnership with global technology powerhouse Siemens, in a major move aimed at accelerating the digital transformation and sustainability in the property sector.
Saudi Arabia has announced the launch of Namaa Endowment Fund, aimed at strengthening the sustainability of the non-profit sector within the kingdom’s environmental system. It seeks to boost the non-profit sector’s contribution to GDP and promote environmental and water sustainability.
ROSHN Group, Saudi Arabia’s leading multi-asset class developer and a Public Investment Fund (PIF) company, has been announced as the first organisation in Saudi Arabia and the GCC region to secure certification for carbon management in buildings and infrastructure from BSI, the business standards and improvement company.
BENEFIT, a leading company in Bahrain's fintech sector, has joined hands with Safa, a voluntary carbon offsetting platform and a portfolio company of the kingdom's sovereign wealth fund Mumtalakat, in a move aimed at driving Bahrain’s sustainability and climate action initiatives.
The global market for value-added basalt fibre products mainly fabrics and geogrids - a key part in the construction sector’s push toward durability and sustainability - is projected to hit $590 million by 2030, rising from $398 million in 2024, said a report.
Aaron Hennessey, one of CIOB’s Sustainability Ambassadors in Oman and Group Managing Director of Douglas OHI, has called upon construction leaders across the Gulf region to be more mindful of the United Nations’ sustainable development goals (SDGs).
This year's edition of Cityscape Global saw record participation with 577 top firms showcasing the best in real estate, urban planning and modern construction, at the four-day event in Riyadh. It ended on a successful note with record-breaking SAR237 billion ($63 billion) in deals.
Mandarin Oriental has been named the winner of World's Leading Sustainable Energy Efficiency Initiative, World's Leading Sustainable Cultural Heritage Project, and World's Leading Sustainable Policy Initiative at the 2nd annual World Sustainable Travel & Hospitality Awards in Dubai.
