Morocco has regained investment-grade status from Standard & Poor’s, with the agency raising its sovereign rating to BBB-/A-3. The move restores a label lost in 2021 and makes Morocco the only African borrower currently rated investment-grade by S&P.
Dar Global has unveiled Trump Plaza Jeddah, a USD 1 billion mixed-use development in partnership with The Trump Organization. The project, featuring residences, offices, and a Central Park-inspired green spine, is the second Trump-branded scheme in Saudi Arabia following Trump Tower Jeddah.
Quantaco, a leading hospitality tech firm in Australia and New Zealand, has appointed Mark Brixton as CEO as founder Anthony Sullivan becomes Executive Chairman. The leadership shift marks a new phase of innovation, aiming to expand technology-driven solutions for pubs, clubs, and restaurants across the leisure sector.
Saudi Arabia’s Ministry of Municipalities and Housing has issued new regulations for transport rental offices and vehicle shelters across land, sea, and air. The updated standards aim to improve safety, accessibility, and service quality, while opening new investment avenues and enhancing the overall travel and mobility experience.
The UAE has recorded a sharp increase in commercial licences within its tourism, hospitality, and aviation sectors, reaching 39,546 by mid-September 2025. Officials say the rise reflects regulatory reforms and new initiatives designed to attract investment and strengthen the country’s position as a leading global tourism hub.
Megaworld Corp. has launched a P2-billion share buyback programme while allocating P2.21 billion raised from its listed REIT unit to township developments in Cebu, Palawan and Bacolod. The company said the buyback would enhance shareholder value, while proceeds from MREIT will support ongoing projects due for completion in 2028.
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