Oman has set a goal of attracting one million Indian tourists annually, building on strong cultural ties and growing demand for weddings, MICE travel and adventure tourism.
GS Engineering & Construction will divest its Spanish water subsidiary GS Inima Environment in a $1.2bn deal, expected to close by 2027, as part of a wider portfolio restructuring strategy.
Pacific Retail Capital Partners, Lyon Living and Silverpeak have acquired Lakewood Center and plan to redevelop the landmark property into a mixed-use hub featuring retail, residential, wellness and entertainment spaces.
DMDC has expanded into Abu Dhabi with a luxury project at the Four Seasons Residences, marking the company’s evolution from a Dubai-focused firm to a regional leader in design and construction.
CIDCO has fast-tracked plans for a 667-acre Aerocity near Navi Mumbai International Airport, which is set to open in September. The development will integrate residential, commercial and retail hubs with wider infrastructure projects to transform the Mumbai Metropolitan Region.
DEAL Holdings has launched FAB Group, a new lifestyle and culinary brand that will open at least 25 destinations in the UAE within five years and expand into Saudi Arabia and Qatar, creating over 800 jobs in the process.