Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
ROSHN Group and Cognita Middle East have announced a major new King’s College Riyadh campus in the SEDRA community. This project is ROSHN’s largest private education development to date. Spanning 36,300 m², the facility will offer a British-international curriculum for students from pre-school to secondary levels. The partnership aims to provide world-class schooling and high-end sports facilities, supporting the growth of one of Riyadh’s fastest-growing residential neighborhoods.
Egypt has secured partnerships with US, UK and French firms for the $1 billion Mont Galala project in Ain Sokhna. The development features 10 towers and a 150-berth marina. Construction begins in late 2026 with a seven-year completion timeline. The project aims to establish the Red Sea coast as a global hub for yacht tourism and international conferences through sustainable, mixed-use infrastructure and world-class hospitality.
Dubai-based AI lab Smart Bricks has secured $5 million in pre-seed funding led by Andreessen Horowitz. The startup is developing agentic AI infrastructure to automate the global real estate investment process. By processing millions of data points, the platform identifies high-value opportunities and handles underwriting in minutes rather than months. The company aims to provide retail and institutional investors with the same sophisticated tools used by major private equity firms.
Arcadis has been appointed as the Quantity Surveying consultant for two major infrastructure projects in Macau. The first involves the redevelopment of the former Yat Yuen Dog Racing Track into the Civic Sports Park, a 40,425 square metre hub. The second is the Macao Artificial Island Wastewater Treatment Plant for improved sewage management. These government-commissioned initiatives aim to advance sustainable urban development and enhance quality of life for residents.
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