Red Sea Global (RSG) has secured SAR 6.5 billion ($1.73 billion) in green financing from a consortium of Saudi banks to accelerate the development of AMAALA, its flagship luxury wellness destination on the Red Sea coast. Led by Riyad Bank, the facility aligns with RSG’s Green Loan Framework and marks the company’s latest milestone in sustainable tourism investment.
Aldar has unveiled The Row Saadiyat, a new residential and lifestyle development designed by globally acclaimed architecture firm BIG (Bjarke Ingels Group), at the centre of Abu Dhabi’s Cultural District. Set against the backdrop of the iconic Zayed National Museum, the project introduces 315 premium apartments that promise a modern, community-driven way of life surrounded by the capital’s most celebrated cultural landmarks. The launch is set for 1 November 2025, with sales open to all nationalities.
Qatar Airways and Kenya Airways have expanded their partnership with codeshare flights to 19 destinations, enhancing connectivity between Africa, the Middle East, and Asia. The new flights will allow passengers to access a wider network of leisure and business destinations via Nairobi and Doha.
Marjan and RAK Hospitality Holding have announced a landmark merger to create one of the UAE’s largest integrated real estate and hospitality developers. The combined entity will operate under the Marjan brand, leading key projects including Al Marjan Island, RAK Central, Marjan Beach, and a new Jebel Jais masterplan, driving Ras Al Khaimah’s Vision 2030 for sustainable tourism and investment.
Sobha Realty has unveiled Sobha AquaCrest, the second residential cluster in its USD 20 billion Downtown UAQ | Sobha Realty masterplan. Spanning 25 million square feet, the development will feature five towers offering one- to three-bedroom residences with sustainable features and will accommodate over 150,000 residents upon completion.
Global real estate investment manager Invesco Real Estate and Logistics Capital Partners have announced a £250 million logistics and industrial park in Thamesmead, London. Covering 67 acres, the project will provide 800,000ft² of new industrial space and is expected to generate 1,500 jobs, alongside meeting top-tier sustainability standards.
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