ACWA Power and Bapco Energies have entered into a Joint Development Agreement for a major solar power plant situated in Saudi Arabia's Eastern Province. Announced at the Saudi–Bahraini Coordination Council meeting in December 2025, the project’s initiative is to support Bahrain's national energy needs and accelerate its shift to renewables, while reinforcing its role as a regional energy export hub.
The Ritz-Carlton Key Biscayne, Miami has reopened following a striking $100 million transformation led by Gencom and acclaimed design studios. The renewal introduces a modern coastal glamorous aesthetic across its seventeen-acre beachfront setting, revitalising all accommodations, public spaces, and amenities.
Aleph Hospitality has been appointed to manage the first Tapestry Collection by Hilton hotel in Dammam, Saudi Arabia, a new 84-key property owned by AREA Investment and Real Estate scheduled to open in 2027. This venture strengthens Aleph’s relationship with Hilton, making this their third Tapestry Collection management contract.
IHG Hotels & Resorts has signed a key management agreement with a SEDCO Capital-managed investment fund for the Hotel Indigo Grand Square Jeddah, marking a significant entry into the Kingdom's growing lifestyle travel segment. This 150-key hotel will serve as the core hospitality component of the Grand Square mixed-use project, a major urban development integrating retail and office spaces.
The Grand, York has completed a £2.8 million renovation to launch SubRosa, a state-of-the-art new spa located within the hotel’s historic vault. The spa offers a unique wellness concept blending global traditions, such as Moroccan-inspired marocMaroc rituals, with scientifically advanced products, notably becoming the first spa in the North of England to offer SeaBody’s marine bioactive treatments.
Mawani, the Saudi Ports Authority, has finalised a SAR 29 million contract with Q Saudi for the development and operation of an integrated logistics centre at Yanbu Commercial Port. The new facility, covering 120,490 square metres, is a key component of the National Transport and Logistics Strategy, designed to elevate Saudi Arabia's global logistics standing. The project is expected to deliver significant economic returns, including attracting crucial investments from international logistics firms and creating new employment opportunities. Additionally, it will boost cargo handling volumes and enhance the overall operational efficiency of the Yanbu Commercial Port, a long-established gateway on the Red Sea.
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