MREC, Amaco Partner to Promote WAFIEX 2019 in Saudi Arabia

MREC Integrated Real Estate Services and Saudi Amaco Group have signed a strategic agreement to promote and organize conferences and exhibitions.

GCC Countries Exert Efforts to Offer Affordable Housing

GCC countries are strengthening their efforts to give more access to affordable housing for low- and middle-income households.

UAE Banks Invest AED 47.2 bn in Egypt in Q3 2018

The investment of UAE’s banks in Egypt reached AED 47.2 bn at the end of Q3 2018, logging a higher amount than those pumped into Saudi Arabia - which are estimated at AED 40 bn.

Egypt, KSA Ink Deal for Young Entrepreneurs in Tourism Field

Tourism Minister Rania Al Mashat has inked a deal with President of the Saudi Commission for Tourism and National Heritage (SCTH) Prince Sultan bin Salman bin Abdul Aziz on supporting the Arab young entrepreneurs ...

MENA Deal Value Hike 105% in Q3 2018: EY

Consultancy firm EY said in its latest report that the value of merger and acquisition (M&A) deals with disclosed value in the MENA region surged by 105% YoY to USD 10 bn in Q3 of 2018 from USD 4.9 bn in the year- ...

Saudi Arabia, CyBe Set Up Region’s First 3D Printed House

Saudi Arabia's National Housing and Industrial Development and Logistics Program has successfully built the region's first 3D printed house in the capital Riyadh, in partnership with Dutch company CyBe, a pioneer ...

New Women-Only Theme Park Opens in Saudi Arabia

Saudi-based Al Hokair Entertainment, a subsidiary of Al Hokair Group, has announced the opening of AlHokair Time AlAzizyah in Al-Khobar city, a theme park for women only

Saudi Arabia Expected to Take 35% Stake in Saudi Bin Laden Group: Reuters

The stake represents the total shares of SBG’s Chairman Bakr Bin Laden and his brothers Saleh and Saad, whom were all detained in an anti-corruption crackdown in November alongside numerous businessmen, officials ...

Egypt Allocates 1,000 Square Kilometers in South Sinai to Saudi’s NEOM

Egypt has allocated more than 1,000 square kilometers of land along the Red Sea in South Sinai to NEOM, a mega-city and business zone announced by Saudi Crown Prince Mohammed bin Salman at an international investm ...

Saudi Arabia to Invest USD 64 bn in the Entertainment Sector

Saudi Arabia plans to invest USD 64 bn in developing its entertainment sector over the next decade, Ahmed Bin Aqeel Al-Khatib, chairman of the Saudi General Entertainment Authority (GEA) said

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