New Murabba, a Public Investment Fund company, and the U.S. Green Building Council (USGBC) have signed a Memorandum of Understanding in Washington, D.C., establishing a framework to explore collaboration in sustainable urban development. The agreement focuses on applying global sustainability frameworks like LEED across the New Murabba project. New Murabba has also joined the USGBC as a Platinum member, signalling a deep commitment to sustainability leadership in creating a new destination in Riyadh.
The Energy & Environment Alliance has launched a global consultation to develop the first sector-wide sustainability accounting standards for hotels and lodging. Backed by members representing over 50,000 hotels and £360bn in capital, the initiative aims to produce audit-grade disclosure rules aligned with IFRS S1 and S2, shaping how hospitality assets are financed, insured and valued.
Sunrise Berhad has announced two key leadership appointments as part of its ongoing strategy to strengthen governance and drive future growth. The property developer named Shaharul Farez Hassan as its new Managing Director and Chief Executive Officer, and Grace Yap Mei Wan as an Independent Non-Executive Director to its Board of Directors.
AmanahRaya REIT has announced that Vista Tower has been awarded the GreenRE Silver Certification, marking a major step in its ESG strategy and boosting the asset’s appeal among sustainability-focused tenants and investors.
Alef Group and BEEAH have announced a partnership to drive sustainable development in Sharjah by combining real estate expertise with environmental innovation.
Schneider Electric’s Dubai office, The NEST, has become carbon neutral just three months after opening, showcasing how digitalisation and smart building technologies can create sustainable, future-ready workspaces.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
