JLL has named Mouhammad Takieddin as the new Regional Head and CEO for the Middle East and Africa. Based in Riyadh, Takieddin brings 25 years of experience from Procter & Gamble to lead JLL’s expansion into high-growth sectors including data centres and AI-driven facilities management. This strategic move strengthens the firm's leadership alongside existing regional heads while deepening its established ties with Saudi Arabia's Public Investment Fund.
ROSHN Group and Agility Logistics Parks have signed an agreement to develop a Grade A logistics park in Saudi Arabia. The project will span up to 1.5 million square metres in a strategic trade corridor. By combining the expertise of a PIF-backed developer and a global industrial leader, the venture aims to improve supply chain resilience and support the Kingdom's goal of becoming a premier global trade gateway.
Saudi Arabia has launched Alsirah Gardens, a new flagship cultural destination in Madinah designed to host 10 million visitors annually. Developed by the PIF-owned company QSAS, the project uses immersive storytelling to explore the Prophetic Biography through a blend of nature and modern architecture. This initiative is a key part of the Kingdom's Vision 2030 goal to enhance the experience for pilgrims and international tourists.
New Murabba, a Public Investment Fund company, and the U.S. Green Building Council (USGBC) have signed a Memorandum of Understanding in Washington, D.C., establishing a framework to explore collaboration in sustainable urban development. The agreement focuses on applying global sustainability frameworks like LEED across the New Murabba project. New Murabba has also joined the USGBC as a Platinum member, signalling a deep commitment to sustainability leadership in creating a new destination in Riyadh.
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