Tag: growth

Construction & Real Estate

Alramz in deal to build 900-unit integrated community in Jeddah

Saudi-based Al Ramz Real Estate Company has announced plans to set up a shariah-compliant real estate investment fund, aimed at developing a key residential project in Jeddah. Located within the Al Firdous district, the integrated community development will boast 900 residential units as well as key amenities. ...

Construction & Real Estate

Marriott records robust growth momentum across EMEA market in 2025

Marriott International has announced an exceptional year of growth across Europe, Middle East and Africa (EMEA) in 2025 with more than 230 organic signings representing over 31,000 rooms. It also added 170 properties and nearly 24,000 rooms across EMEA last year. ...

Construction & Real Estate

Dubai records strongest residential year in 2025; nets $149bn in sales

Dubai has recorded its strongest residential year on record for 2025, with the total sales value reaching AED547 billion ($149 billion), up 28% year-on-year, across 203,000 transactions as demand, liquidity and prices all advance together, said a new report. ...

Construction & Real Estate

Indian real estate group BCD Global enters Middle East market

BCD Global, a leading Indian multinational group with interests in real estate development, construction and finance, has announced its foray into the Middle East, naming Dubai as its regional headquarters as it accelerates its next phase of global growth. ...

Construction & Real Estate

Alba signs two-year deal with Gulf Aluminium Rolling Mill Company

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, said it has signed a two-year agreement with Gulf Aluminium Rolling Mill Company (GARMCO) to help boost the technical capabilities of its Bahraini employees. ...

Construction & Real Estate

Madayn records $20bn cumulative investments in H1

Oman's Public Establishment for Industrial Estates (Madayn) has announced that it has achieved remarkable growth across all performance indicators in the first half with its total cumulative investment volume surging to nearly RO7.8 billion ($20.2 billion), up 2% over last year....