Jetwing Hotels has added Villa 700 in Induruwa, Bentota, to its boutique portfolio, reintroducing the beachfront retreat as Jetwing Villa 700 and enhancing its luxury offering on Sri Lanka’s southern coast.
Kygo’s Palm Tree Crew has raised $20 million in a Series B led by WME Group, valuing the entertainment and lifestyle brand at $215 million, as it accelerates festival expansion and investments in consumer products.
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.
Kimpton makes its long-awaited Middle East debut with the opening of Kimpton KAFD Riyadh, a 212-room luxury lifestyle property in the heart of the capital’s King Abdullah Financial District, blending contemporary elegance with the brand’s signature playful approach to hospitality.
Aermec has launched two new propane-based heat pumps, the PRM and PRG, designed for commercial buildings and industrial applications, offering high-capacity heating and cooling with ultra-low GWP refrigerant.
Egypt has signed an $18 billion agreement with Emaar Misr and City Stars to develop Marassi Red Sea, a major coastal project in the Red Sea governorate scheduled for completion within four years.
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