ACWA Power has secured $3.4 billion in financing to develop two major gas-fired power plants in Saudi Arabia, adding 3.6 GW to the grid as electricity demand grows.
Al Huzaifa, the UAE’s luxury furniture and interior design brand, has launched Al Huzaifa Properties, marking its entry into real estate with a debut project on Al Marjan Island, Ras Al Khaimah.
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.
