Diriyah Company Awards Major Contract for Landmark Arena Project
Saudi Arabia’s Diriyah Company has awarded a contract worth SAR5.75 billion to the branch of China Harbour Engineering Company Ltd. for the construction works of…
Category: PROPERTY
PROPERTY
Masdar announces divestment of its stake to Tadweer Group
Abu Dhabi Future Energy Company – Masdar, one of the world’s leading renewable energy companies, on Wednesday announced the divestment of its stake, subject to…
Tiger Properties sells out phase one of 255m-Tall Auresta Tower; launches phase two on July 15
Tiger Properties has announced the complete sell-out of Phase One of Auresta Tower, its premium residential skyscraper rising 255 meters across 63 floors in the…
Akon’s futuristic $6bn city project in Senegal abandoned
Plans for a futuristic city in Senegal dreamt up by the singer Akon have been scrapped and instead he will work on something more realistic,…
Saudi Estate Market Surpasses $44 Billion in First Half of 2025
The Saudi real estate market recorded a decline in the total value of transactions and in the average price per square meter during the first…
ROSHN Group is One of World’s 25 Most Powerful Real Estate
ROSHN Group, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has been ranked among the 25 most powerful real estate brands in the world…
Saudi Arabia Implements Real Estate Regulations to Stabilize Riyadh’s Market
Amid rapid growth in Saudi Arabia’s real estate sector, fuelled by the country’s economic diversification strategy, Crown Prince Mohammed bin Salman has introduced a series…
Emaar, Aldar spur world-beating UAE sukuk rally in Trump era
The real estate booms of Dubai and Abu Dhabi have helped drive a world-beating rally in sukuks of the United Arab Emirates since the inauguration…
Saudi Architecture Characters Map Boosts City Appeal for Investment
Economic and architectural experts have described Crown Prince Mohammed bin Salman’s launch of the “Saudi Architecture Characters Map” as a strategic shift, transforming architecture into…
Dubai Property Tax for Foreigners in 2025
The UAE stands out as a jurisdiction with an exceptionally favourable tax regime. Unlike most international markets, the overall tax burden is significantly reduced, with some recurring taxes absent…