Bahrain will host the International Tourism Investment Forum (ITIF) from 10 to 12 January 2027 in partnership with UN Tourism. Held under the patronage of HRH Prince Salman bin Hamad Al Khalifa, the event brings together government ministers, investors and financial institutions. The hosting agreement was signed at Arabian Travel Market 2026 to highlight Bahrain's tourism investment opportunities to a global audience.
Saudi Arabia's Public Investment Fund has established Tawrid Company for Financing Solutions, a digital platform aimed at boosting supply-chain financing across the Kingdom. Authorised by the Saudi Central Bank, Tawrid connects buyers, suppliers and financial institutions to enhance corporate liquidity and working capital. The company has already entered binding agreements with major local lenders and firms, including Saudi National Bank and ROSHN Group.
Developer Sun Group has launched Sun Glory Residence, a 3.7-hectare residential complex featuring nearly 3,500 luxury apartments in Vinh, Nghe An. Located at the junction of Le Hong Phong and VI Le Nin avenues, the development consists of five towers, including a 37-storey building. It offers over 37 exclusive amenities, 25,000 square metres of commercial space and 10,650 square metres of green areas.
Ares Real Estate and PSP Investments have launched a new joint venture targeting up to $2.4 billion in US logistics property. The partnership combines Ares’ operational platform with PSP Investments’ capital, focusing on prime industrial markets across the US. Sourced by Marq Logistics, the venture launches with a 5.2 million-square-foot seed portfolio spread across 14 properties in key regions including California, Texas and New Jersey.
New York-based GTIS Partners LP has rebranded as Brightshore Capital LP after becoming fully partner-owned. Managing $5.6 billion in gross assets, the real estate firm simultaneously launched Brightshore Credit, a $250 million debt platform. The vehicle will target high-yield credit, stretch senior and mezzanine financing to assist developers facing high interest rates and building costs across the US and Brazil.
Central Asian nations and South Korea have established a new industrial cooperation platform following an inaugural ministerial meeting in Seoul. Industry leaders gathered to discuss trade, technical infrastructure, critical minerals and artificial intelligence in manufacturing. The talks produced a joint memorandum on supply chains, along with a bilateral agreement between Uzbekistan and South Korea to set up a dedicated strategic mineral development platform.
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