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MAG Group real estate portfolio hits $11.9bn

MAG Group Holding, the multinational conglomerate, has announced its portfolio of current and under development projects across its different real estate subsidiaries has reached AED43.7 billion ($11.9 billion).   

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Riyadh’s office market sees strong rental growth in Q3

The office market in Saudi capital Riyadh is experiencing strong growth, driven by heightened demand and a significant rise in rental values, according to leading real estate expert Savills.   The city’s st

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Marriott expands branded residences portfolio in MEA

Marriott International has achieved robust growth in its branded residential portfolio in the Middle East & Africa (MEA) region, with 41 projects in the portfolio, including 29 in its signed pipeline and 12 open properties.   &nb

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Marriott expands branded residences portfolio in MEA

Marriott International has achieved robust growth in its branded residential portfolio in the Middle East & Africa (MEA) region, with 41 projects in the portfolio, including 29 in its signed pipeline and 12 open properties.   &nb

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UAE data centre market to be worth $2.64bn by 2029

The data centre market in the UAE is projected to experience a compound annual growth rate of 9.95% over the next five years, creating a market worth AED9.7 billion ($2.64 billion) by 2029, according to research and consulting firm Blackr

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UAE data centre market to be worth $2.64bn by 2029

The data centre market in the UAE is projected to experience a compound annual growth rate of 9.95% over the next five years, creating a market worth AED9.7 billion ($2.64 billion) by 2029, according to research and consulting firm Blackr

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DCC members’ exports, re-exports grow to $61bn in 9M

The value of members’ exports and re-exports of Dubai Chamber of Commerce (DCC) in the first nine months (9M) of 2024 grew 7% YOY to reach AED224 billion ($61 billion).    In the same period, a total o

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Dubai Investments 9M net profit soars to $177.11m

Dubai Investments, a leading diversified investment company, has seen its nine-month (9M) net profit after tax attributable to shareholders soar to AED650.51 million ($177.11 million).   For the third quarter (Q3

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Dubai Investments 9M net profit soars to $177.11m

Dubai Investments, a leading diversified investment company, has seen its nine-month (9M) net profit after tax attributable to shareholders soar to AED650.51 million ($177.11 million).   For the third quarter (Q3

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Saudi ride-hailing sector nets over $292m in first nine months

Saudi Arabia's ride-hailing industry witnessed solid growth during the first three quarters of the year with over 51.8 million trips facilitated by 46 licensed such services across the kingdom, reported SPA.  

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