Thursday 21 November 2024
 
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Infracorp 9M net profit jumps 25pc to $37.2m

Infracorp, a leading specialised company in investing in the infrastructure and sustainability development sector, has seen its nine-month (9M) net profit jump 25% to $37.2 million.   For the period the company has reported an income of $268 million, compared to

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Program HQ driving demand for prime office space in Riyadh

The total amount of Grade A office space in Riyadh is expected to grow by 1 million sq m to hit 6.3 million sq m by the end of 2026 ion sq m, thanks to the ‘Program HQ’ which is contributing to increased demand for office space in the Saudi capital, further influencing office leas

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Top-class luxury hotels break ground at Diriyah stakeholder event

Diriyah Company has undertaken the official groundbreaking for seven world-class luxury hotels during the second edition of its  annual event “Bashayer – Delivering our Future”.   It marks the continued growing momentum in creating world-c

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Work completed on suspended bridges at Four Seasons Jeddah

Saudi developer Midad has announced that work has been completed on mega suspended bridges located within the Four Seasons Private Residences Jeddah project located in the Saudi ports city.   Spanning 60m long and 130m above sea level, the bridges will connect t

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Diriyah unveils plans for mega districts within $63bn project

Diriyah Company, a dynamic mixed-use developer transforming Saudi Arabia's historic birthplace into a vibrant new capital of culture and entertainment destination, today (November 20) unveiled details of two high profile developments - Qurain Cultural District and Northern District - to b

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Marriott expands branded residences portfolio in MEA

Marriott International has achieved robust growth in its branded residential portfolio in the Middle East & Africa (MEA) region, with 41 projects in the portfolio, including 29 projects in its signed pipeline and 12 open properties.       In t

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Barratt London launches 20 accessible homes

Barratt London, a market-leading residential developer in the UK, has launched 20 homes designed adaptable for wheelchair users as part of the company’s commitment to accessibility at its landmark Bermondsey Heights development in London.    The apart

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Marjan inks deal to develop premium RAK office complex

Marjan, the master developer of freehold properties in Ras Al Khaimah, has partnered with Ras Al Khaimah Economic Zone (Rakez) to develop RAK Central HQ Office Complex at its upcoming progressive mixed-use destination, RAK Central, in the northern emirate.   

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Ezditek launches work on data centre facility in Riyadh

Ezditek, a leading expert in data center and digital infrastructure services in the Kingdom of Saudi Arabia (KSA), has broken ground on its flagship data center facility in Riyadh.   The RUH01 will be located on a 35,000+ sq m plot in the world’s biggest f

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LEOS breaks ground on $544m Dubai wellness community

LEOS Developments, the distinguished British-born international property developer, has officially broken ground on Knightsbridge, the first climate-adaptive wellness community in Dubai being set up at an investment of AED2 billion ($544 million).   To be implem

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