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Featured in Real Estate and Retail
IHG signs world's largest voco with Maad International in Saudi Arabia

4,200-room property marks major milestone in IHG’s ongoing legacy in the Kingdom 11 July 2019:  IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, is continuing to expand its footprint across Saudi Arabia with the signing of voco Makkah in partnership with Maad International, among the Kingdom’s largest hospitality real estate development companies. The property will be the largest voco in the world, when operational in early 2020, and it will cater to the growing number of religious tourists in KSA. The 4,200-room hotel will take IHG’s portfolio in the country to over 19,500 rooms, solidifying IHG’s position as one of the largest hospitality players in Saudi Arabia.  voco Makkah will occupy a premium location within the greater Maad Hospitality Towers ......read more

Siemens to supply power equipment and services for 840 MW power plant in Iraq

• Combined-cycle power plant in Maisan will deliver electricity supply to more than three million Iraqis  • Siemens equipment includes F-class gas turbines, steam turbine, generators, main transformers and project supervision • Power Diagnostics Services to optimize performance, including employee training and know-how transfer   09 July  2019:    As part of its long-term support to expand Iraq’s power infrastructure, Siemens has received an order to supply gas and steam turbines and generators as well as long-term power generation services for the 840-megawatt (MW) Maisan Combined Cycle Power Plant, located in Maisan Governorate in the southern region of Iraq. Both CITIC Construction Co., Ltd., the engineering procurement and construction firm building the plant, and Iraqi ......read more

Eternize your most special night at M Hotel Makkah by Millennium

Do not miss the utmost captivating wedding and honeymoon packages this summer  Makkah, KSA (7 July 2019):  Summer is the season of special occasions and grand celebrations, and weddings are no exception. M Hotel Makkah by Millennium, a five-star hotel located at the heart of the holy city of Makkah, unveils an interesting and value offer for couples looking for to enter the golden cage and perpetuate their most special night. Being a home to two grand ballrooms that can easily accommodate more than 500 guests, the hotel rewards couples with an attractive wedding package to tie the knot and pursue their journey together with blessings at the heart of Makkah next to Al Masjed Al Haram. The package includes a dinner buffet for 50 invitees at Lotus Ballroom and a complimentary stay at an executive suite with a free ......read more

Makkah Hotel & Towers constantly committed To serving pilgrims and providing best services

Jeddah, Kingdom of Saudi Arabia, 04 July 2019:   Makkah Construction and Development Co (MCDC), recently took over the management and operations of the hotel from Millennium & Copthorne Middle East Holdings Limited and is now operating its 5 stars hotel under the trade name of “Makkah Co. Hotel and Towers”.   There is no change in operations of the hotel and the management and hotel team ensured that the guests continue to enjoy the best spiritual experience at the closest accommodation to Holy Haram.  The Chairman along with the Board Members and senior management are determined to ensure a major renovation and upgrade of the property is underway at the earliest to continue to be the most desired hotel location for all pilgrims visiting Makkah Al Mukarrama. “We have ......read more

Stay this summer at Millennium Al Aqeeq Hotel Madinah

Offering a 4 nights stay including a complimentary breakfast, the hotel rewards its guests Al Madinah, Kingdom of Saudi Arabia - July 2, 2019:  Gather your family and your loved ones this summer and stay at Millennium Al Aqeeq Hotel Madinah, a five-star hotel located next to Al Masjed Al Nabawi, to leverage your holidays with happy and long lasting memories. Millennium Al Aqeeq Hotel Madinah rewards its guest this summer with a limited time offer from June 3rd to July 13th where guests can experience the true essence of spirituality at the heart of Madinah the city that witnessed the dawn of Islam. Creating an ideal opportunity for Millennium Al Aqeeq fans and Madinah visitors to enjoy even during the hot season, the offer includes a 4 nights’ stay with complimentary breakfast at a price of SR2222 exclusive taxes. The ......read more

Landmark Arabia announces first-of-its kind Retail Leadership Programme (RLP) for Saudi nationals

Landmark Arabia announces first-of-its kind Retail Leadership Programme (RLP) for Saudi nationals   • Specially designed module to help aspirational Saudi women and youth develop new skills and grow their career with the company • The first batch of RLP stars include 44 employees, 90% of which are Saudi women • Launch event graced by Raha Moharrak, the first Saudi Women to Summit Mount Everest, hosted by the Landmark Arabia leadership at the Marriot Hotel, Diplomatic Quarter   24 June, 2019 | Riyadh, Kingdom of Saudi Arabia:  In line with Saudi Vision 2030, and its call for diversification of employment opportunities for youth in the Saudi private sector, Landmark Arabia, has announced the launch of its Retail Leadership Programme at an exclusive ceremony held at the Marriott, Diplomatic ......read more

Accor Makkah Launches the All New “Holy Destinations” Identity

Jeddah - 10 June 2019:  Accor Makkah have successfully launched “Accor Holy Destinations” Umbrella - the first of its kind in the Saudi hospitality sector. Holy destination is an alliance between all AccorHotels in Makkah (8 hotels) and Madinah (3 hotels). The announcement was made in the presence of Managing Director Alaaeldin Saleh and executive directors of the group. The group participated in the Saudi pavilion of the National Authority for Tourism and National Heritage during the prestigious 26th Arab Travel Market 2019, for conferences and exhibitions, held from 28th April to 1st May. The new holy destination is considered to be an Umbrella under which all of the AccorHotels Makkah and Madinah are unified with total 10,617 rooms, including residential units, suites, hotel apartments, royal floors, and ......read more

Eid Al-Fitr and Summer Celebrations at Al Faisaliah Hotel Riyadh

Riyadh, 22 May 2019:  Riyadh’s most sought-after property is offering guests exclusive packages for Eid Al-Fitr as well as for the upcoming summer months. Eid Al-Fitr Al Faisaliah Hotel Riyadh is spreading the warmth of Eid-Al Fitr with its festive culinary celebrations. Join us this Eid as we celebrate the hotel’s extensive breakfast offers at La Cucina.  The elegant Italian restaurant La Cucina will be serving an extensive breakfast buffet on the second day of Eid Al-Fitr, while also opening its doors for lunch and dinner. The hotel’s dramatic three-storey dome and world class restaurant ‘The Globe’, , will also be serving its exceptional à la carte menu for dinner from 8pm onwards. The experience will be open for lunch and dinner from 11am onwards. Make this year’s Eid Al-Fitr ......read more

M Hotel Makkah by Millennium sponsors the opening of a fitness centre at Al Wahda FC

Promoting a healthy lifestyle for youths and future generations, the opening was attended by a royal and number of dignitaries  Makkah, KSA - 16 May 2019:  M Hotel Makkah by Millennium, a 5-star hotel located at the heart of the holy city of Makkah, participated in the opening of a new fitness center at Al Wahda FC as a sponsor promoting and upholding a healthy lifestyle for youths and new generations. The new center is going to serve the local community of Makkah aiming to attract more young people to adopt fitness activities in their daily routine. Embracing the true spirit of giving during the holy month of Ramadan, the hotel contributes to the local community of Makkah by sponsoring the opening of the fitness center, which took place in the presence of Prince Abdullah bin AbdulAziz bin Faisal bin Abdul Majeed bin ......read more

Millennium Taiba and Al Aqeeq win Medina's Leading Hotel Award 2019

The property recognized for its outstanding services and facilities by World Travel Awards 2019 Al Madinah, Kingdom of Saudi Arabia - May 12, 2019:  Millennium Taiba & Al Aqeeq , the two prominent hotels located at the heart of Madinah next Al Masjid Al Nabawi, wins Medina’s Leading Hotel Award 2019 at World Travel Awards Middle East Gala Ceremony 2019. On 25th of April at Warner Bros. WorldTM Abu Dhabi, hospitality professionals and experts from around the globe gathered to celebrate Excellency in the industry and award winning hotels. Conveniently located at the heart of Madinah next to Al Masjid Al Nabawi, Millennium Al Aqeeq Hotel offers 505 spacious rooms and suites equipped with latest technologies including LCD TV, electronic safe, broadband internet access, electronic key card access, hair dryer, mini bar, ......read more

Marriott International Opens First Marriott Executive Apartments in Madinah

 66-apartment property appeals to business, leisure and pilgrim travellers who seek premium, trusted extended stay experience Madinah, Saudi Arabia – 12 May 2019:  Marriott International has announced the opening of Marriott Executive Apartments Madinah, marking the brand’s debut in the Holy City. The re-branded property is the third Marriott Executive Apartments in the Kingdom of Saudi Arabia and appeals to the rapidly growing demand for extended stay both with business as well as leisure travellers. “Our growth and focus on Saudi Arabia is aligned with the Saudi Vision 2030 and the National Transformation Program 2020 to support the country’s growing tourism and hospitality sectors. Religious tourism plays a key role as the government plans to attract 30 million pilgrims by 2030. Marriott ......read more

Experience the ultimate mix of spirituality and comfort at M Hotel Makkah by Millennium

Exclusive offerings during the holy month of Ramadan Makkah, KSA (8th of May 2019): M Hotel Makkah by Millennium, a 5-star hotel located in the heart of the holy city of Makkah, offers exclusive rates to guests, Umrah performers and Makkah visitors during the holy month of Ramadan. Encompassing 785 rooms and suites elegantly decorated and equipped with the latest technologies and finest amenities, the hotel provides special rates during the festive season of Ramadan, during which Muslims from around the world travel to visit Makkah and perform Umrah. Situated on Ibrahim Al Khalil Street, just a few minutes’ drive to the Great Mosque of Makkah, 60 minutes to Jeddah airport, M Hotel Makkah by Millennium is the ideal place to seek comfort and easy access to the holy places.  Celebrating the true essence of Ramadan, the ......read more

Copthorne Hotel Riyadh wins two awards of excellence

The property has won Hotel of the Year and Best Finance Performing Hotel awards Riyadh, KSA (May 5, 2019) - Copthorne Hotel Riyadh, a five-star accommodation in the centre of Riyadh, has been announced as the winner of the Best Finance Performing Hotel and the Hotel of the Year awards. The announcement was made at the recently held Annual GM Summit by Millennium Hotels & Resorts for all its properties in the Middle East & Africa region. Attended by Kevork Deldelian, chief operating officer of Millennium Hotels and Resorts MEA and General Managers from the group’s hotels & resorts in the Kingdom of Saudi Arabia, Kuwait, Oman, Qatar, and the United Arab Emirates, the awards were announced during the 3 day annual summit organized to discuss the group’s strategic plans for 2019.  The Best Finance ......read more

Embrace the spirit of Ramadan at Makkah Millennium Hotel & Towers

With four restaurants showcasing true Arabian hospitality Makkah, KSA, 2 May, 2018:   Makkah Millennium Hotel and Towers, the luxury hotel serving the pilgrims coming to Makkah and located directly over the Holy Haram Piazza which makes the best and easiest arrival experience, will be unfolding Arabic traditions and culture during the Holy Month of Ramadan by offering a number of dining options and additional services for families and friends. With four dining venues located across the hotel and towers, diners can enjoy a large selection of traditional Ramadan delicacies inspired by local and international cuisines, as well as a wide variety of delectable gourmet desserts for both Iftar and Suhoor. The famed Lagenda, Al Noor, Al Fayhaa and Al Andalus restaurants, catering for up to 280, 300, 275 and 170 guests ......read more

IHG signs global agreement with KSA based Seera Group (formerly Al Tayyar Travel Group)

Partnership will give Seera Group access to IHG’s global portfolio of over 5,600 hotels Saudi, 28 April 2019: IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has signed a global partnership agreement with Seera Group, the largest travel and tourism company in the Middle East with a prominent local, regional and international presence. The significant direct connectivity distribution agreement, which was announced at the Arabian Travel Market (ATM) 2019, will provide Seera Group (formerly Al Tayyar Travel Group) with access to IHG’s current global portfolio of 15 brands and over 5600 hotels, in more than 100 countries, for the leisure travel category.  Seera Group will also have access to automated real-time pricing and inventory across IHG’s portfolio. Commenting ......read more

MHPS announces National Program for Saudi Arabia with a new manufacturing facility at its core

 The commitment includes producing the industry’s Leading Edge Digitally Embedded Power Generation Technology in the Kingdom   Dammam, Kingdom of Saudi Arabia, 25 April, 2019:  MHPS Saudi Arabia, Co., a subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS), today announced the launch of the MHPS National Program for Saudi Arabia, heralding a pivotal moment for both the energy and manufacturing sectors in Saudi Arabia.  While MHPS has been a long-term partner in the energy sector in KSA, the National Program, already a year in development, will see MHPS move forward with the creation of manufacturing facilities to build the world’s most efficient and reliable gas turbines here in the Kingdom.   Developed to be in close alignment with Vision 2030 and Saudi Aramco’s In Kingdom ......read more

Copthorne Hotel Riyadh Hosts Annual Corporate Appreciation Party

Guests enjoyed a rich spread of local and international dishes Riyadh, KSA - April 25, 2019:  Copthorne Hotel Riyadh, a five-star accommodation in the centre of Riyadh, recently celebrated its Annual Corporate Appreciation Party by hosting a sumptuous dinner at Brewstars Terrace. Guests enjoyed a rich spread of local and international dishes specially prepared by Copthorne Hotel Riyadh’s best chef for the dinner reception which was attended by a number of corporate sector representatives of Riyadh market, who are the hotel’s supportive partners. Speaking at the occasion, Ayman Sallam, General Manager said, “It is our great pleasure to host such a lovely evening to honour our incredible partners who have supported us throughout the year 2018. We aim to continuously foster a strong business relationship for ......read more

IHG named one of Saudi Arabia's Best Workplaces

IHG secures second place in prestigious ‘Great Place to Work’ 2018 survey  Saudi Arabia, 25 April 2019:  IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has been named one of the best places to work in Saudi Arabia, by Great Place to Work®, the global authority on Workplace Culture assessment. IHG was awarded the second place at a prestigious event ceremony held recently in Riyadh.   Commenting on the results Anna-Maria Dreesen-El Achcar, VP, HR, IMEA, said: “Our people are at the heart of our business and every day we do our best to create a great place for them to work. A positive company culture is central to a thriving workplace and IHG is committed to creating a diverse, inclusive and collaborative environment for our team members where ......read more

Enova Says Smart Facilities Management Enhances Saudi Arabia's SAR 86 Billion Leisure and Hospitality Sector

As Saudi Vision 2030 boosts tourism, digital transformation can optimize costs and guest experiences, Enova says ahead of SEA Jeddah, 21-23 April   Jeddah, Kingdom of Saudi Arabia, 17 April 2019:   Ahead of the Saudi Entertainment and Amusement (SEA) exhibition in Jeddah from 21-23 April 2019, Enova, the Middle East’s leading energy and facilities management specialist, reaffirms the importance of integrated Energy & Facilities Management services for the Kingdom’s nearly SAR 86 billion tourism and hospitality sector. Combined smart facilities management and sustainable energy efficiency solutions are not only crucial for an optimized and comfortable visitor experience, but also guarantee utilities savings and building attractiveness in the long term.    Saudi Vision 2030 is ramping up the ......read more

Makkah outlook: Enhanced infrastructure to boost tourism and drive development in the Holy City, says JLL

KSA, Makkah, 1 April 2019:    Progress on major infrastructure enhancements and increased connectivity are expected to boost Makkah’s tourism capacity and create a wave of development opportunities, says leading real estate firm JLL.   Makkah is undergoing major transformation under Vision 2030, with several government initiatives paving the way for the Holy City to increase its capacity to 30 million pilgrims annually by 2030.  2018 witnessed milestone progress with the megaproject Rou’a Al Haram Al Makki announcement, the inauguration of Al Haramain High Speed Railway and soft opening of the new King Abdulaziz International Airport in Jeddah.  The focus on driving connectivity is a Kingdom wide focus to tap into Saudi Arabia’s potential as a global transport hub with the ......read more

SHUAA Capital Saudi Arabia Launches SHUAA REIT

Riyadh, Saudi Arabia, 26 March 2019: SHUAA Capital Saudi Arabia has announced today the launch of the Real Estate Investment Trust ‘SHUAA REIT’ (The Fund), a closed-ended publicly traded real estate investment fund, approved by the Capital Market Authority (CMA) of Saudi Arabia.   The subscription period for SHUAA REIT commences today March 25, 2019 and will continue until April 7 2019 inclusive. The fund will offer 30,515,000 units to the public at a price of SAR 10 per unit, equivalent to SAR 305,150,000, which accounts for 51.5% of the REIT's total size of SAR 591,500,000.   The Fund intends to acquire 6 income-generating real estate assets in four key sectors and in vital areas of the city of Riyadh. Some of the key differentiating factors of SHUAA REIT are the independency of the REIT Manager from all ......read more

Makkah Millennium Hotel and Towers marks International Women's Day

Events and activities to appreciate the women in the workforce  Makkah, KSA (25 March, 2019):   Makkah Millennium Hotel and Towers, the luxury hotel serving the pilgrims coming to Makkah and located directly over the Holy Haram Piazza, celebrated International Women’s Day by organizing a series of events and activities to appreciate the contribution by female employees in the hotel and the hospitality industry. Marking International Women’s Day celebration on 08th March, the female employees of the hotel visited King Abdullah Medical City Specialist Hospital for women to brighten the day of the patients and inspire them to improve their health and well being while also distributing gifts to cheer them up. The hotel also honored the women in the organization by arranging a gathering at Al Andalus ......read more

Global view of affordable housing – spotlight on Riyadh

Saudi Arabia, March 18, 2019:   Knight Frank is pleased to announce the release of the inaugural edition of Urban Futures, a report which tackles the increasingly prominent global topic of housing affordability and discusses  how cities are looking to alleviate affordability pressures. For the first issue the focus has been put on six cities which have been at the forefront of the affordability debate. A spotlight has been included on Riyadh, where we have seen affordability come to the forefront of the agenda particularly as cultural and social attitudes change at a rapid pace.   In the report, 32 cities around the world were assessed and ranked based on a Global Affordability Monitor to understand the scale of the affordability challenge in each one of them.  Three important elements were taken into ......read more

GROHE Shapes the Future of Water with a record number of innovations at ISH 2019

3D printing will revolutionize the water experience at home Bathroom and kitchen solutions complement latest trends with vast range of color finishes across all draw off points, flush plates and accessories  From smart home to smart buildings: creating an intelligent ecosystem for water security and water management  13 March 2019:   Consumers are fundamentally changing how they define and use their living spaces. GROHE has identified five mega trends: Consumers have risen from passive consumption to taking control over the creation of new living spaces and have become creators themselves in seeking simplicity and intelligent product solutions. Today, more than ever, product innovation and design depend on an empathetic understanding of these trends as consumers are inclined to choose integrated ......read more

M Hotel Makkah by Millennium wins prestigious Guest Review Award from Booking.com

The hotel has been recognized for its top-notch hospitality services at the global travel portal Booking.com The hotel received higher guest review score of 8.1 reflecting a high level of guest satisfaction in the hotel quality services   Makkah, KSA (06 March 2019): M Hotel Makkah by Millennium, a 5-star hotel located in the heart of the holy city of Makkah, was recognized for its top-notch hospitality services at the global travel portal Booking.com’s Guest Review Awards 2018.    The hotel received a guest review score of 8.1 reflecting a high level of guest satisfaction in the hotel quality services whilst consolidating its position as a leading luxury hotel combining modern touches with traditional hospitality to provide the warmest welcome to Makkah Al Mukarramah ......read more

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Future Drainage and Stormwater Networks KSA Seminar successfully launched with the support of the ...…

Riyadh, April 18, 2017– Supported by the Saudi Irrigation and Drainage Authority, Advanced Conferences & Meetings has proudly launched Future Drainage and Stormwater Networks KSA Seminar, at The Rosh Rayhaan Hotel, Riyadh. This event addressed updates, strategies and technologies for optimising stormwater, drainage and sewage projects across Saudi Arabia. This event brought together ......read more

Sloanes Real Estate Brokers launch Sample Floors at Bayat Plaza…

Twin Towers represent quality and modernity in the heart of the city Jeddah: Sloanes Real Estate Brokers, a subsidiary of the SABBAN Group of Companies, has announced the completion of Bayat Plaza’s sample floor, and will soon be transforming the skyline of central Jeddah with its luxurious residential development and contemporary landmark. Strategically located in the business hub of ......read more

Thousands join in Doha Festival City's opening day celebrations…

As the Mall opens its doors with a celebratory bang, the Mall promises even more entertainment and surprises are yet to come!  Doha, 6th April 2017: Doha Festival City, the largest entertainment, retail and hospitality destination in Qatar, managed and operated by Al-Futtaim, opened its doors to the public yesterday, 5th April 2017. Thousands of visitors flocked to the new Mall from 10am ......read more

Stone Leaders Turkey target Saudi's “Enormous Potential” to match export ambitions…

Pictured: Quarry owners from Turkey – renowned internationally for their vast supply of exceptional natural stone and marble (left) – will touch down in the Kingdom today ahead of the first Stone & Surface Saudi Arabia trade show, starting in Jeddah (middle) tomorrow evening. Stefano Iannacone (right) of Dubai-based Mapei Construction Chemicals LLC described the Saudi market as ......read more

Hilton Expands Hotel Portfolio in Saudi Arabia…

Hilton Makkah Convention Hotel Opens, Bringing Largest Convention Centre to the Heart of the Holy City  MAKKAH, Saudi Arabia, 2 April 2017 – Hilton (NYSE: HLT) today opens the doors of Hilton Makkah Convention Hotel. With majestic views overlooking the Sacred Mosque, Al Masjid al Haram, and the city’s largest ballroom and convention centre, Hilton proudly welcomes Hilton ......read more

Cayan Group Announces New Strategic Project in Jeddah at MIPIM…

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IKEA Spreads Cheer on International Day of Happiness…

Nearly AED 20,000 of goodies were hand-gifted to customers in Dubai and Abu Dhabi Dubai, 20th March, 2017:  Swedish home furnishing retailer, IKEA - part of Al-Futtaim – marked International Day of Happiness this morning with a series of ‘Happiness Drops’ at Dubai Festival City as well as in-store at both its Dubai and Abu Dhabi locations.  Throughout the day ......read more

The first Saudi Arabian woman to become a General Manager in Hospitality - Rezidor appoints Maram ...…

Dubai, UAE, March 16, 2017:  The Rezidor Hotel Group, one of the most dynamic hotel companies in the world, is proud to mark a new milestone in its history by appointing its first Saudi female General Manager in the company and the hospitality industry. Miss Maram Kokandi will be the General Manager of a new Park Inn by Radisson hotel in Jeddah, Saudi Arabia, scheduled to open later this ......read more

Middle East Council of Shopping Centres' Next Generation Networking Reception in Riyadh…

MECSC’s Next Generation Events – connecting retail professionals across Middle East Dubai, 9th March 2017 – The Middle East Council of Shopping Centres and the International Council of Shopping Centres host the Next Generation Networking reception in Riyadh, on Wednesday March 15th at Ritz Carlton Hotel in Riyadh, Saudi Arabia. David Macadam, CEO, MECSC says “Saudi ......read more

Leading manufacturer Danfoss announces office opening in Saudi Arabia…

Jeddah: Danfoss – a leading manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration, industrial, and water systems – has announced the launch of its first technical support office in the Kingdom of Saudi Arabia. Revealed at an event held at Sofitel Cornice Hotel in Jeddah yesterday, Danfoss senior executives ......read more

Saudi's AFIFI Industrial Group to extend its participation at Dubai WoodShow 2017…

The company will unveil its specialized facility that produces various interior decoration materials for the furniture applications  Dubai, UAE, 6 March 2017:  According to a new market report published by Credence Research Furniture Market – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023, the furniture market has been estimated to be valued at ......read more

Al-Futtaim Launches Second Mixed Use Development in the UAE…

New lifestyle focused mall for southern Dubai to be anchored by IKEA and ACE.  Dubai, UAE, 06 March 2017:  Al-Futtaim, one of the most progressive business houses in the Gulf region, has broken ground on the development of a 78,500 sq. metre site, which forms part of the Jebel Ali Development (JAD) mixed use master planned community.   Al-Futtaim plans to expand its retail ......read more

Lucrative Returns on Investments Attracts Saudi Investors to the International Property Show in ...…

Saudi Arabian investors occupy second position among the non-local real estate investors in Dubai Dubai, UAE, 2 March 2017:  A report issued by Dubai Land Department (DLD) stated that 3,294 Saudi Arabian investors made transactions worth AED 8 billion in the real estate market in Dubai in 2016. The statistics demonstrate an annual growth in the real estate investment in Dubai by GCC ......read more

New initiatives to support KSA's real estate sector in face of macro-economic challenges…

JLL’s 2016 review of the market highlights the major economic factors affecting the office, residential, retail and hotel sectors in the Kingdom’s three largest real estate markets of Riyadh, Jeddah and the DMA  Riyadh/Jeddah, KSA, January 12, 2017:  2016 saw the release of the Saudi Vision 2030 and National Transformation Program (NTP), both major initiatives in response ......read more

The Saudi TASNEE is Platinum Sponsor of ArabPlast 2017 in Dubai…

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New aswaaq Mart Open in Hatta…

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Unlimited demand for growth of Makkah's hotel sector – says JLL in first report on the city's real ...…

‘Makkah, A City within a City’ report follows collaboration with Makkah Chamber of Commerce & Industry to support  greater real estate market transparency in Saudi Arabia  KSA, Makkah, 06, December 2016:  JLL, the world's leading real estate investment and advisory firm, today released its first report on ‘Makkah, A City within a City’ which ......read more

Centrepoint Extends Its Offering With the Launch of Eyeworks…

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SOUQ.com Announces the Best Deals for WHITE FRIDAY 2016…

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Marka Announces Q3 2016 Financial Results…

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Middle East braces itself for the biggest White Friday 2016 on SOUQ.com…

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Saudi property investors targeted by world-class residential golf community developer in Dubai…

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Crystal Lagoons to debut in multi-billion dollar Saudi real estate developments…

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More and more JBR visitors are connecting via WiFi UAE…

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Business Bay landscape to be redefined with opening of Marasi Business Bay Promenade…

AED1 billion project paves the way for Business Bay transformation, unveiling an entire new waterfront destination with the launch of Marasi Business Bay Promenade   Dubai, UAE, October 16, 2016:    Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager known for renowned destinations across the Emirate, has announced that the iconic Marasi ......read more

ARTAR to showcase the shape of things to come in Gulf Property at Cityscape Jeddah…

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Mövenpick Hotels & Resorts Partners with Real Estate Developer Nusasiri Plc to Launch Three ...…

Dubai, UAE, October 16, 2016:  The Swiss hotel management company, Mövenpick Hotels & Resorts, has signed an agreement with leading real estate developer Nusasiri Plc to manage three properties in Thailand. The three properties will be Mövenpick Residences Ekkamai, Bangkok and Mövenpick Resort Khao Yai, both scheduled to open in Q4 2016, and Mövenpick Resort Mai ......read more

GE ushers in next era of advanced manufacturing in Saudi Arabia…

GEMTEC in Dammam now the region’s first ‘Brilliant Factory’ Expands GEMTEC facility to 26,000 sq m to manufacture ‘Made in Saudi’ HA and F gas turbines Creates 150 new high quality jobs for Saudi nationals  Delivers GEMTEC’s first 7F turbine to SEC’s Waad Al Shamal combined-cycle power plant Dammam, Saudi Arabia, October 16, 2016: ......read more

Air Purifiers Market: Brand Value & Purification Capacity Key Factors for Consumers in GCC…

Although considered as a luxury, demand for air purifiers is steadily growing in the Gulf Cooperation Council (GCC) and is estimated to reach US$ 85.2 Mn by 2020. According to majority of air purifier manufacturers and distributors/retailers around the world, the HEPA technology will expand at an annual growth rate of 5%-10% between 2015 and 2020. The brand value and purification capacity is ......read more

Dubai Properties' Casa Dora at Serena records phenomenal response amidst flourishing affordable ...…

Attractive pricing plans for mid-income housing projects lead to high demand for Casa Dora at Serena in DUBAILAND  Dubai, UAE, September 8, 2016:    Highlighting the increasing demand for affordable housing targeting the mid-income segment, Dubai Properties (DP), a leading real estate master developer and asset manager in the Emirate, announced that the release of the ......read more

Dubai Properties' Virtual Reality tour of master-planned destinations becomes a firm favourite for ...…

DP integrates innovative viewing technologies at Middle East real estate exhibition  Dubai, United Arab Emirates, 7th September 2016: Virtual Reality tour of master-planned destinations by Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager known for world-class destinations across the Emirate, is proving a firm favourite for visitors at Cityscape ......read more

First phase of Dubai Properties' Marasi Business Bay on schedule to be delivered in Q4 2017…

With water-homes under construction, Marasi Business Bay is set to provide a unique living proposition for Dubai Dubai, UAE, September 5, 2016:    Dubai Properties Group (DPG), one of the largest fully integrated community development businesses in Dubai, known for renowned destinations across the Emirate, has announced that the iconic Marasi Business Bay development is on schedule ......read more

Launch of Casa Dora at Serena in DUBAILAND to enhance market dynamics for affordable housing in ...…

Following success of the first release of townhouses in Bella Casa at Serena, real estate master developer Dubai Properties announces pre-sale online registration for launch of additional units soon Dubai, United Arab Emirates, 28 August 2016 – Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager has announced townhouses in the ......read more

Jumeirah Beach Residence and GreenParking partner to Optimise Visitor Parking Experience…

Reorganisation of parking management at JBR is set to ease and enhance residents and visitors’ experience Dubai, UAE, August 10, 2016:  Jumeirah Beach Residence, a Dubai Properties (DP) retail destination, has partnered with GreenParking, the only one-stop-shop for environmentally friendly car park management in the Middle East, to enhance parking facilities at the Jumeirah Beach ......read more

Dubai Properties extends flexible purchaser plan during the summer months…

Hike in sales transactions following increased buyer interest prompts to extension of flexible, post-handover payment plans  Dubai, UAE, July 31, 2016:  Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced an extension to its flexible payment plan for purchasers of property in its Serena and Arabella 2 developments located in ......read more

Riyadh and Jeddah's Real Estate Market performance is set to improve as a result of Saudi Vision ...…

According to JLL’s Q2-2016 Riyadh and Jeddah Real Estate Overviews  Kingdom of Saudi Arabia, July 27, 2016:  JLL, the world's leading real estate investment and advisory firm, today has released its Q2 2016 Riyadh and Jeddah Real Estate Overview reports assessing the latest trends in the office, residential, retail and hotel sectors. With Saudi Vision 2030 pivotal to the ......read more

Dubai Properties Launches Bellevue Tower 2…

Strong investor interest after launch of Bellevue Towers in June Dubai, UAE, July 26, 2016:  In response to the strong market demand, Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced the launch of the second tower of Bellevue Towers for sale. The sought-after residential development has garnered huge investor interest and high ......read more

JLL Signs MoU with Makkah Chamber of Commerce & Industry to support greater real estate market ...…

Makkah, KSA, July 14, 2016:  JLL, the world's leading real estate investment and advisory firm, signed a Memorandum of Understanding (MoU) with the Makkah Chamber of Commerce & Industry that will help improve transparency in the Saudi real estate market. As an independent consultant, JLL will collaborate with key stakeholders to collect, consolidate and share accurate data ......read more

The JBR Dome offers Dubai a chance to enjoy the UEFA's Euro 2016 football fever like never before…

Europe’s leading football competition to be broadcast live from a dome shaped tent that will be available for individual, group, and corporate bookings at JBR Dubai, UAE, July 4, 2016:   The JBR Dome, located in Jumeirah Beach Residence (JBR), a destination developed and managed by Dubai Properties, is a football-themed structure at the Rimal sector, and is scheduled to open ......read more

Research Facilities Construction in Saudi Arabia…

This report is the result of extensive market research covering the research facilities construction industry in Saudi Arabia. It contains detailed historic and forecast market value data for the research facilities construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). 'Research Facilities ......read more

Riyadh Metro Completes Tunneling Excavation Works For Green Line…

Saudi Arabia, June 9, 2016:  ArRiyadh Development Authority (ADA) have today completed the end of Tunnel Excavation works for Line 5 (Green Line).  Line 5 (Green Line) is one of the three lines being constructed by FAST  Consortium - One of  three international Consortia commissioned to build the Riyadh Metro Projects’ six lines.  The announcement took ......read more

Conrad Hotels & Resorts Opens the Doors to Conrad Makkah in the Heart of the Holy City…

MAKKAH and MCLEAN, Va.– 7 June, 2016– Conrad Hotels & Resorts today celebrates the opening of its first hotel in the Kingdom of Saudi Arabia – the 438-room Conrad Makkah. Set in the heart of the Holy City and overlooking the Sacred Mosque, Al Masjid al Haram, and the Holy Kaabah, the hotel is designed for today’s smart luxury traveller, combining intuitive service with ......read more

Oil & Gas Infrastructure Construction in Saudi Arabia to 2019…

This report is the result of extensive market research covering the oil and gas infrastructure construction industry in Saudi Arabia. It contains detailed historic and forecast market value data for the oil and gas infrastructure construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). “Oil ......read more

Intercoil International opens world class manufacturing facility in Saudi Arabia as hospitality ...…

Dubai, UAE, May 19, 2016:  Leading manufacturer, retailer and distributor of premium beds, bedding and bedroom furniture, Intercoil International, has opened a new manufacturing facility in Dammam to cater to Saudi Arabia’s rapidly growing hospitality sector. Boasting state of the art technology, the 4,400 m² factory will manufacture premium mattresses and a wide range of ......read more

Honeywell and Bayer Pearl provide new insulation technology to support Saudi Arabia's Montreal ...…

Spray foam insulation key to more energy efficient buildings in Saudi Arabia Riyadh, Saudi Arabia, May 18, 2016:  Honeywell (NYSE: HON) and Bayer Pearl have unveiled new spray foam insulation technology solutions that can improve energy efficiency in residential and commercial buildings in the Kingdom of Saudi Arabia.  With 1.5 million new homes needed to keep up with local ......read more

Red Sea Mall Launches "Smart Parking" with 60 Million Riyals. Inaugurating for a New Era ...…

Alawi: The New Parking Lot is to expand the Mall's capacity to 22 Million Visitors Annually    Jeddah, May 7, 2016:   The new smart parking lot at the Red Sea Mall was launched by the Sheikh Salih bin Mahfouz's attendance. The parking lot has been developed with a high budget that reached up to 60 million Riyals, completing the first phase of Red Sea Mall's vast ......read more

Danube strengthens affordable housing segment with AED300 million Glamz Residence…

Danube’s 6th project to re- energizes 'stop renting, start owning' push ‘Convert part of the living room to a bedroom’ concept is back on popular demand- innovative furniture converts a spacious living room into a full- fledged bedroom Keeping up the tradition, the project would be delivered in record time, expected completion date is September 2018 Danube, ......read more

StayWell Debuts Park Regis Brand in Saudi Arabia with Two Outstanding Properties in Makkah…

Australia’s largest privately owned hotel management company StayWell Hospitality Group (SWHG) announced the signing of a management agreement to open and operate the company’s first Park Regis properties in Makkah Saudi Arabia. In Dubai were StayWell Hospitality Group CEO Simon Wan and Asas Capital Ltd CEO Riyad Alhoraibi for the official signing ceremony. Expected to open in the ......read more

Cayan Group Acquires Off-Plan Permits for Samaya…

Riyadh,11th April 2016- Cayan Group, the leading property developer in the Middle East, is to launch Samaya Project in the prime area of Erga, north western Riyadh. Spread on 1 million square meters, the billion-riyal project is set to become the ultimate residential destination, offering integrated services in Wadi Hanifah, one of the most attractive spots in Riyadh. Cayan Group has obtained ......read more

Despite its Focus on the Saudi Market Cayan Group Expands Into Europe…

February 2016 - Cayan Group, one of the Middle East’s leading real estate developers, is making its foray into Europe, commencing with an alliance with Spanish real estate developer, Sarena. The elite partnership will witness the two companies jointly develop a project in stylish Costa del Sol which is situated in Marbella in Spain. With this union, Cayan Group initiates its ambitious ......read more

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