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Saudi Arabia foreign minister urges a balanced energy transition at G20 Summit session

Saudi Arabia’s foreign minister highlighted the importance of a balanced, inclusive approach to energy transition while ensuring global energy security and sustainable development at a Group of 20 session on Tuesday, Saudi Press Agency reported. Prince Faisal was leading the Kingdom’s delegation during a session titled “Sustainable Development and Energy Transition,” SPA added. Energy security […]

Seef Properties enters into partnership with Majd Investment

Seef Properties, the largest integrated developer of retail and entertainment destinations in the Kingdom of Bahrain, has formed a strategic partnership with Saudi-based investment company, Majd Investment Company to work on a mixed-use project in Dammam. The project, valued at around $132 million (BD50 million), marks Seef Properties’ inaugural venture in Saudi Arabia. The announcement […]

Saudi TDF to build $372m multi-use resort in Eastern Region

Saudi Arabia’s Tourism Development Fund (TDF) has announced plans to develop a multi-use resort on Half Moon Beach in the kingdom’s Eastern Province at an investment of SAR1.4 billion ($372 million). Spanning over a 262,000-sq-m area, the project will be operated under the Rixos brand and fully managed by global hospitality leader Accor. On completion, […]

Seef Properties enters into partnership with Majd Investment

Seef Properties, the largest integrated developer of retail and entertainment destinations in the Kingdom of Bahrain, has formed a strategic partnership with Saudi-based investment company, Majd Investment Company to work on a mixed-use project in Dammam. The project, valued at around $132 million (BD50 million), marks Seef Properties’ inaugural venture in Saudi Arabia. The announcement […]

Saudi TDF to build $372m multi-use resort in Eastern Region

Saudi Arabia’s Tourism Development Fund (TDF) has announced plans to develop a multi-use resort on Half Moon Beach in the kingdom’s Eastern Province at an investment of SAR1.4 billion ($372 million). Spanning over a 262,000-sq-m area, the project will be operated under the Rixos brand and fully managed by global hospitality leader Accor. On completion, […]

Cityscape Global 2024 closes with record turnout, nets $61bn deals

Cityscape Global, the world’s largest real estate exhibition, ended on a successful note at the Riyadh Exhibition and Convention Center in the Saudi capital attracting more than 172,000 visitors and hosting over 400 exhibitors during the four-day event. Held under the theme ‘The Future of Living,’ it was organised by Tahaluf, a joint venture of […]

Aseer awards main contract for $266m multi-use Saudi project

Aseer Development Authority has awarded the main contract for ‘The Point’, a multi-use project being set up in Abha city in collaboration with Saudi Tourism Development Fund, Red Sea Markets for Real Estate Investment Company and Banque Saudi Fransi at an investment of over SAR1 billion ($266 million). Spanning over a 75,000 sq m area, […]

Cityscape Global 2024 closes with record turnout, nets $61bn deals

Cityscape Global, the world’s largest real estate exhibition, ended on a successful note at the Riyadh Exhibition and Convention Center in the Saudi capital attracting more than 172,000 visitors and hosting over 400 exhibitors during the four-day event. Held under the theme ‘The Future of Living,’ it was organised by Tahaluf, a joint venture of […]

Aseer awards main contract for $266m multi-use Saudi project

Aseer Development Authority has awarded the main contract for ‘The Point’, a multi-use project being set up in Abha city in collaboration with Saudi Tourism Development Fund, Red Sea Markets for Real Estate Investment Company and Banque Saudi Fransi at an investment of over SAR1 billion ($266 million). Spanning over a 75,000 sq m area, […]