Saudi Arabian Parsons awarded AMAALA construction supervision
Saudi Arabian Parsons has been awarded the construction supervision of AMAALA, an ultra-luxury destination located along Saudi Arabia’s northwestern coast.
Real Estate
Dubai’s Sheikh Mohammed merges his holding companies
Dubai’s Sheikh Mohammed merges his holding companies, Meraas Holding and Dubai Holding, to sustain and advance growth through an integrated platform.
Neom — A $500 billion city state
The seaside corner of northwest Saudi Arabia is so barren that the only abundant resources a group of consultants could identify were sunlight and “unlimited access to salt water.”
Olivier Nougarou named as CEO of Arabian Centres
Arabian Centres Company, a major developer and operator of shopping centers in Saudi Arabia, has appointed Olivier Nougarou as the company’s new CEO.
Majid Al Futtaim Holding announces 2018 preliminary results
Majid Al Futtaim Holding, the leading shopping mall, communities, retail and leisure pioneer announced its preliminary and unaudited results for 2018.
Emaar promotes Bader Hareb to CEO of development unit
Emaar Development, a subsidiary of Emaar Properties, has appointed Bader Hareb as CEO, replacing Chris O’Donnell who took the helm less than a year ago.
MAF, Omran to develop the western area of Madinat Al Irfan
A UAE-Omani joint venture announces plans to develop the western area of Madinat Al Irfan, Oman’s largest urban development project.
DWTC reduces licensing and incorporation fees
Dubai World Trade Centre (DWTC) announced up to 70 per cent reduction on licensing and incorporation fees within the DWTC Authority (DWTCA) and One Central.
Amin Al Arrayed to join Edamah as CEO in August
Bahrain Mumtalakat Holding Company has appointed Amin Al Arrayed as the new chief executive officer of its unit Bahrain Real Estate Investment (Edamah).