Riyad Capital has partnered with the Saudi Railway Company (SAR) to establish a SAR 6 billion real estate fund for a mixed-use Transit Oriented Development project in Makkah. Located near the Haramain High-Speed Railway Station, the 90,000-square-metre site will feature hotels, commercial centres, and residences, supporting Saudi Vision 2030’s goals of urban growth and investment diversification.
Edamah has appointed Mohammed Jalal Contracting as the main contractor for the Azure Beach Club at Bilaj Al Jazayer, set to open in Q2 2026. Operated by Sunset Hospitality Group, the project will elevate Bahrain’s luxury leisure scene and support Vision 2030 tourism goals.
Kenya has launched a major tourism rebranding initiative with the appointment of Mary-Ann Musangi as chair of a 23-member taskforce. The team, unveiled by CS Rebecca Miano, will review the country’s global image and deliver a new brand strategy within a year.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
