SOL Properties has launched SOL LUXE, a Dh2.2 billion mixed-use tower on Sheikh Zayed Road. Rising 280 metres with residences, Grade A offices, and retail outlets, the project promises an 8–9% ROI for investors and is scheduled for completion in Q4 2028.
Dida Holdings has named Daryl Lee as its new Group CEO, with founder Rikin Wu transitioning to Chairman, as the AI-first travel tech company focuses on expanding its global distribution network and accelerating growth through AI and strategic acquisitions.
IHG Hotels & Resorts has announced the U.S. launch of Ruby Hotels, its 20th global brand, bringing its successful European “urban micro” concept to major city markets with a focus on stylish, compact design and efficient development opportunities.
Aspect Development is expanding its footprint with projects in Abu Dhabi, Athens, and Cairo, strengthening its presence across the Middle East and Europe while reinforcing its commitment to premium and sustainable living.
Sempra has announced the $10 billion sale of a 45% stake in Sempra Infrastructure Partners to a KKR-led consortium and reached a final investment decision for Port Arthur LNG Phase 2, moves that bolster its transition towards a U.S. utility-focused growth strategy.
Hextar Global and Hextar Industries have signed agreements with Inspur Enterprise Cloud Technology of China to roll out AI-driven platforms for agriculture and green building solutions, starting with durian farming and expanding to energy-efficient infrastructure projects.