Dubai International Financial Centre has launched The Residences, its first housing project in the new Zabeel District. Located in Phase A, the development features two towers with 463 luxury units. The project integrates professional life with wellness, offering amenities like a 2km landscaped loop near the world's largest Innovation Hub. Public sales for the luxury apartments and penthouses open on 12 February 2026.
Devonport City Council has unveiled the Formby Road Urban Renewal Study, identifying two major CBD sites for private development. Part of the LIVING CITY project, the plan proposes high-end apartments and commercial offices to replace existing car parks. By creating a new urban plaza and improving pedestrian links to the Mersey River, the council aims to boost footfall for local retailers and meet growing demand for inner-city living.
Saudi Arabia and Syria have signed a series of strategic investment agreements covering aviation, telecommunications, and infrastructure. Minister of Investment Khalid Al-Falih led a high-level delegation to Damascus to meet with President Ahmad Al-Sharaa. The deals include a major redevelopment of Aleppo International Airport and the creation of a new joint airline with Flynas. STC will lead efforts to modernise Syria's digital infrastructure while ACWA Power explores a large-scale desalination project.
Dubai has announced a landmark AED100 billion expansion of the Dubai International Financial Centre, known as the DIFC Zabeel District. The project will double the capacity of the current financial hub to accommodate over 42,000 companies and 125,000 employees by 2040. Spanning 17.7 million square feet, the development includes a major focus on AI and future technologies, alongside residential and educational facilities.
A new community destination named BAY360 is coming to Jumeirah Lakes Towers, featuring a flagship Spinneys supermarket and a variety of waterfront dining options. Developed by DMCC and Sweid & Sweid, the project aims to improve the liveability of the district through better pedestrian access and modern lifestyle amenities. Scheduled for completion in 2027, the hub will occupy part of Lake D and include essential medical services and rooftop sports facilities.
2Life Communities has announced a formal leadership transition as Lizbeth Heyer prepares to take over as CEO this October. Heyer, the current President, was unanimously approved by the board to succeed Amy Schectman following a decade of service to the organisation. The change concludes a 15-year era of expansion that saw the provider's portfolio double in size.
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