MIDAR for Investment and Urban Development has signed a major partnership agreement with Sixth of October Development and Investment Company (SODIC) to jointly develop Egypt’s first fully integrated wellness and sustainable community within “MADA”, New Cairo. The project, valued at EGP 110 billion, marks a significant step in Egypt’s ongoing urban expansion and sustainable city development efforts.
Alef Group and BEEAH have announced a partnership to drive sustainable development in Sharjah by combining real estate expertise with environmental innovation.
Qatar Foundation’s Earthna and Qatari Diar have signed an MoU to advance sustainable urban development through the Arid Cities Network, focusing on solutions for cities in hot and arid environments.
Dar Global has unveiled Trump Plaza Jeddah, a USD 1 billion mixed-use development in partnership with The Trump Organization. The project, featuring residences, offices, and a Central Park-inspired green spine, is the second Trump-branded scheme in Saudi Arabia following Trump Tower Jeddah.
Saudi Arabia’s Ministry of Municipalities and Housing has issued new regulations for transport rental offices and vehicle shelters across land, sea, and air. The updated standards aim to improve safety, accessibility, and service quality, while opening new investment avenues and enhancing the overall travel and mobility experience.
Megaworld Corp. has launched a P2-billion share buyback programme while allocating P2.21 billion raised from its listed REIT unit to township developments in Cebu, Palawan and Bacolod. The company said the buyback would enhance shareholder value, while proceeds from MREIT will support ongoing projects due for completion in 2028.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
